2428 SEABURY AVE MINNEAPOLIS MN 55406

PID: 3102923240131

Property Overview

Parcel ID3102923240131

Lot Size5,892 sq ft (0.135 ac)

Lot Dimensions (est.)132 ft wide × 44 ft deep

Year Built1928

Property ClassRESIDENTIAL

OwnerMARK NORTHRUP REV TRUST

Assessed Value$668,400

Land Value$255,000

Building Value$413,400

Annual Tax$10,938

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2007 · $100K total declared value · Most recent: Dec 2025 (res)

ResDec 2025Inspection

CenterPoint Energy Resource Corp

RemodelAug 2021Closed

$15K

NORTHRUP REMODELING

ExistresFeb 2021Closed

PRACTICAL SYSTEMS AND DUCTWORK HEATING AND COOLING

ResMar 2019Closed

Linn Star Transfer Inc

ExistresMar 2017Closed

DUCTWORKS HEATING AND AIR CONDITIONING LLC

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Seward · Minneapolis

Median reported rent1,337/mo

Renter-occupied28.1%

Median home value$329K

Vacancy rate4.3%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1075

Market Snapshot

Zip code 55406

Median sale price$340K+3.0% YoY

Median price / sqft$248/sqft

Median days to close21 days

Active listings39

Source: Redfin Data Center (Invalid Date) · Zip 55406

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width50 ft

Buildable depth58 ft

Area~3,172 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Likely Infeasible

Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 3,172 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2420 SEABURY AVE MINNEAPOLIS MN 55406	R KUNATH & J ANKNEY	RESIDENTIAL-TWO UNIT	$865,800	54 ft
2432 SEABURY AVE MINNEAPOLIS MN 55406	D S DUMAS & A S DUMAS TRSTES	RESIDENTIAL	$447,200	64 ft
2418 SEABURY AVE MINNEAPOLIS MN 55406	B C BREVA & D K BREVA	RESIDENTIAL	$607,600	103 ft
2436 37TH AVE S MINNEAPOLIS MN 55406	JANE S KUENZEL	RESIDENTIAL	$611,000	108 ft
2425 35TH AVE S MINNEAPOLIS MN 55406	D M O'PRAY/L O'PRAY/M O'PRAY	RESIDENTIAL	$385,500	150 ft
2412 SEABURY AVE MINNEAPOLIS MN 55406	DENIS M & LYNETTE C O'PRAY	RESIDENTIAL	$595,500	153 ft
2429 35TH AVE S MINNEAPOLIS MN 55406	MARILYN D STARR	RESIDENTIAL	$426,700	154 ft
2440 37TH AVE S MINNEAPOLIS MN 55406	C POZZINI & M DRISCOLL	RESIDENTIAL	$464,900	160 ft
2419 35TH AVE S MINNEAPOLIS MN 55406	EMILY SCRIBNER-O'PRAY ET AL	RESIDENTIAL	$443,200	169 ft
2433 35TH AVE S MINNEAPOLIS MN 55406	A L FITZPATRICK/P P TODRYK	RESIDENTIAL	$476,000	181 ft

Property History

Most Recent Sale

Date202012

Price$649,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$10,938