2836 RIVER PKWY W MINNEAPOLIS MN 55406

PID: 3102923440136

Property Overview

Parcel ID3102923440136

Lot Size12,510 sq ft (0.287 ac)

Lot Dimensions (est.)211 ft wide × 59 ft deep

Year Built1927

Property ClassRESIDENTIAL

OwnerJ R KELLER & H GUERRA

Assessed Value$631,000

Land Value$315,000

Building Value$316,000

Annual Tax$10,229

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

2 permits on record since 2023 · Most recent: Nov 2024 (res)

ResNov 2024Closed

CenterPoint Energy Resource Corp

ExistresMar 2023Closed

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 width201 ft

Buildable depth19 ft

Area~8,402 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 8,402 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2840 RIVER PKWY W MINNEAPOLIS MN 55406	SUE ANN VER STEEG	RESIDENTIAL	$881,800	76 ft
2832 RIVER PKWY W MINNEAPOLIS MN 55406	AMBER BRENNAN	RESIDENTIAL	$604,000	84 ft
2833 DORMAN AVE MINNEAPOLIS MN 55406	M J DUCKERT & P E DUCKERT	RESIDENTIAL	$549,300	89 ft
2826 RIVER PKWY W MINNEAPOLIS MN 55406	C WYNN & M M SKRYPEK	RESIDENTIAL	$1,018,400	137 ft
2849 DORMAN AVE MINNEAPOLIS MN 55406	CHERI L ANDERSON	RESIDENTIAL-TWO UNIT	$501,900	160 ft
2848 RIVER PKWY W MINNEAPOLIS MN 55406	JOHN J BIRCH & DIVYA GUPTA	RESIDENTIAL	$0	191 ft
2820 RIVER PKWY W MINNEAPOLIS MN 55406	MERNA M KUXHAUSEN ETAL	RESIDENTIAL-TWO UNIT	$616,300	200 ft
2853 DORMAN AVE MINNEAPOLIS MN 55406	SANDY TAPIA	RESIDENTIAL-TWO UNIT	$512,900	208 ft
2832 DORMAN AVE MINNEAPOLIS MN 55406	ROBERT ALAN ARNTSEN	RESIDENTIAL-TWO UNIT	$389,600	236 ft
2834 44TH AVE S MINNEAPOLIS MN 55406	ROBERT SOUTHWORTH	RESIDENTIAL	$298,200	251 ft

Property History

Most Recent Sale

Date202212

Price$746,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$10,229