2028 KENWOOD PKWY MINNEAPOLIS MN 55405

PID: 3202924110032

Property Overview

Parcel ID3202924110032

Lot Size8,698 sq ft (0.200 ac)

Lot Dimensions (est.)132 ft wide × 66 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerBRENDA F BUTLER TRUST ET AL

Assessed Value$1,288,000

Land Value$367,000

Building Value$921,000

Annual Tax$22,617

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

9 permits on record since 2005 · $666K total declared value · Most recent: Mar 2024 (misc)

MiscMar 2024Closed

$30K

NORTHRUP REMODELING

ResNov 2023Expired

GRABOW PLUMBING INC

MiscApr 2022Closed

$10K

NORTHRUP REMODELING

RemodelMar 2022Closed

$6K

TRUNORTH SOLAR

ExistresJan 2022Closed

4Front Energy Solutions Inc

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

Neighborhood Profile

Kenwood · Minneapolis

Median reported rent1,749/mo

Renter-occupied47.2%

Median home value$827K

Vacancy rate7.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1065

Market Snapshot

Zip code 55405

Median sale price$530K+73.8% YoY

Median price / sqft$270/sqft

Median days to close45 days

Active listings39

Source: Redfin Data Center (Invalid Date) · Zip 55405

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 width58 ft

Buildable depth88 ft

Area~5,030 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 5,030 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
2036 KENWOOD PKWY MINNEAPOLIS MN 55405	ROSAMOND STURGIS	RESIDENTIAL	$1,038,000	71 ft
2022 KENWOOD PKWY MINNEAPOLIS MN 55405	RANDALL M EGAN	RESIDENTIAL-TWO UNIT	$1,120,200	77 ft
2408 21ST ST W MINNEAPOLIS MN 55405	T J SULLIVAN & M L CAPUTO	RESIDENTIAL	$823,400	123 ft
2055 SHERIDAN AVE S MINNEAPOLIS MN 55405	C DARNELL & D D'SOUZA	RESIDENTIAL	$1,132,700	136 ft
2045 SHERIDAN AVE S MINNEAPOLIS MN 55405	C N NUGENT & A C NUGENT	RESIDENTIAL	$1,248,100	146 ft
2016 KENWOOD PKWY MINNEAPOLIS MN 55405	S R MANTHIE & R S MANTHIE	RESIDENTIAL	$1,093,900	157 ft
2039 SHERIDAN AVE S MINNEAPOLIS MN 55405	GUSTAF KUPETZ	RESIDENTIAL	$613,400	181 ft
2414 21ST ST W MINNEAPOLIS MN 55405	D A YALE & S L YALE JT RV TR	RESIDENTIAL	$648,700	187 ft
2012 KENWOOD PKWY MINNEAPOLIS MN 55405	THOMAS W DOBMEYER	RESIDENTIAL-TWO UNIT	$742,100	220 ft
2035 SHERIDAN AVE S MINNEAPOLIS MN 55405	K D DAKOJI/H DESAI/M DESAI	RESIDENTIAL	$727,500	224 ft

Property History

Most Recent Sale

Date202010

Price$1,250,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$22,617