2760 RIVER PKWY W MINNEAPOLIS MN 55406

PID: 3102923410008

Property Overview

Parcel ID3102923410008

Lot Size11,550 sq ft (0.265 ac)

Lot Dimensions (est.)195 ft wide × 59 ft deep

Year Built1912

Property ClassRESIDENTIAL

OwnerTIMOTHY J O'BRIEN

Assessed Value$734,500

Land Value$306,000

Building Value$428,500

Annual Tax$12,193

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Permit History

8 permits on record since 2017 · $74K total declared value · Most recent: May 2022 (res)

ResMay 2022Closed

Erik Nelson Plumbing LLC

MiscJun 2021Closed

$30K

AUSTAD CONSTRUCTION INC

MiscJun 2021Closed

$16K

Holmlund Masonry Inc

RemodelMar 2021Closed

$6K

Timothy O'Brien

MiscJan 2021Closed

$10K

RITE-WAY WATERPROOFING

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 width185 ft

Buildable depth19 ft

Area~7,640 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 7,640 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
2766 RIVER PKWY W MINNEAPOLIS MN 55406	D J CECERE & A A CECERE	RESIDENTIAL	$1,305,000	75 ft
2756 RIVER PKWY W MINNEAPOLIS MN 55406	KAY KNAPP	RESIDENTIAL	$596,000	83 ft
2757 DORMAN AVE MINNEAPOLIS MN 55406	JOHN BECKER/NANCY REYNOLDS	RESIDENTIAL	$421,300	87 ft
2748 RIVER PKWY W MINNEAPOLIS MN 55406	B BOTTEMILLER & M L KLATT	RESIDENTIAL	$714,900	137 ft
2772 RIVER PKWY W MINNEAPOLIS MN 55406	K S RUHLAND & M J RUHLAND	RESIDENTIAL	$1,001,500	175 ft
2744 RIVER PKWY W MINNEAPOLIS MN 55406	JASON ZABEL/SCOTTY GUNDERSON	RESIDENTIAL	$716,100	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	223 ft
2800 RIVER PKWY W MINNEAPOLIS MN 55406	MOONYEEN P O'PHELAN	RESIDENTIAL	$579,000	262 ft
2738 RIVER PKWY W MINNEAPOLIS MN 55406	SARAH E BERGER/MARK D ARCAND	RESIDENTIAL	$791,500	287 ft

Property History

Most Recent Sale

Date202011

Price$640,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$12,193