2748 RIVER PKWY W MINNEAPOLIS MN 55406

PID: 3102923410005

Property Overview

Parcel ID3102923410005

Lot Size17,325 sq ft (0.398 ac)

Lot Dimensions (est.)213 ft wide × 81 ft deep

Year Built1933

Property ClassRESIDENTIAL

OwnerB BOTTEMILLER & M L KLATT

Assessed Value$714,900

Land Value$364,000

Building Value$350,900

Annual Tax$11,821

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2014 · $272K total declared value · Most recent: Oct 2024 (res)

ResOct 2024Closed

Versant Plumbing Co

RemodelOct 2024Closed

$125K

TREHUS BUILDERS INC

ExistresOct 2024Closed

4Front Energy Solutions Inc

MiscOct 2023Closed

$12K

KRECH EXTERIORS INC

ExistresJun 2022Closed

McQuillan Bros Plumbing Heating & AC LLC

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

Neighborhood Profile

Cooper · Minneapolis

Median reported rent1,309/mo

Renter-occupied16.5%

Median home value$339K

Vacancy rate5.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1076

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 width203 ft

Buildable depth41 ft

Area~12,415 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 12,415 sqft buildable area.

Est. units

Yield on cost

4.1%

Spread

-1.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2744 RIVER PKWY W MINNEAPOLIS MN 55406	JASON ZABEL/SCOTTY GUNDERSON	RESIDENTIAL	$716,100	75 ft
2756 RIVER PKWY W MINNEAPOLIS MN 55406	KAY KNAPP	RESIDENTIAL	$596,000	93 ft
2757 DORMAN AVE MINNEAPOLIS MN 55406	JOHN BECKER/NANCY REYNOLDS	RESIDENTIAL	$421,300	96 ft
2760 RIVER PKWY W MINNEAPOLIS MN 55406	TIMOTHY J O'BRIEN	RESIDENTIAL	$734,500	137 ft
2738 RIVER PKWY W MINNEAPOLIS MN 55406	SARAH E BERGER/MARK D ARCAND	RESIDENTIAL	$791,500	150 ft
2766 RIVER PKWY W MINNEAPOLIS MN 55406	D J CECERE & A A CECERE	RESIDENTIAL	$1,305,000	212 ft
2732 RIVER PKWY W MINNEAPOLIS MN 55406	EMILY D PARKER/M D NAWROCKI	RESIDENTIAL	$590,000	212 ft
2745 42ND AVE S MINNEAPOLIS MN 55406	C J KARLEN & E K KARLEN	RESIDENTIAL	$363,400	213 ft
2753 42ND AVE S MINNEAPOLIS MN 55406	C J KARLEN/ELIZABETH KARLEN	RESIDENTIAL	$294,700	257 ft
2728 RIVER PKWY W MINNEAPOLIS MN 55406	D S HOWLAND & K R L HOWLAND	RESIDENTIAL	$599,000	262 ft

Property History

Most Recent Sale

Date201305

Price$537,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$11,821