2021 SHERIDAN AVE S MINNEAPOLIS MN 55405

PID: 3202924110042

Property Overview

Parcel ID3202924110042

Lot Size7,508 sq ft (0.172 ac)

Lot Dimensions (est.)151 ft wide × 50 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerMATTICKS & MAGINNISS FAM TR

Assessed Value$1,197,100

Land Value$364,000

Building Value$833,100

Annual Tax$20,898

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2004 · $303K total declared value · Most recent: Oct 2023 (misc)

MiscOct 2023Closed

$36K

SELA ROOFING AND REMODELING INC

AccessorySep 2019Closed

$19K

SUSSEL CORP

ExistresNov 2017Closed

McQuillan Bros Plumbing Heating & AC LLC

Building Re-inspectionNov 2013

$80K

Building Re-inspectionMay 2004

$168K

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 width45 ft

Buildable depth97 ft

Area~4,380 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 4,380 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2025 SHERIDAN AVE S MINNEAPOLIS MN 55405	K W WHEELER & D A WHEELER	RESIDENTIAL-TWO UNIT	$683,100	52 ft
2017 SHERIDAN AVE S MINNEAPOLIS MN 55405	G A ARCHER & M S ARCHER	RESIDENTIAL	$859,900	52 ft
2029 SHERIDAN AVE S MINNEAPOLIS MN 55405	JAYMARK PROPERTIES LLC	RESIDENTIAL-TWO UNIT	$779,300	104 ft
2015 SHERIDAN AVE S MINNEAPOLIS MN 55405	MATTHEW G M HEADRICK ET AL	RESIDENTIAL	$755,100	115 ft
2035 SHERIDAN AVE S MINNEAPOLIS MN 55405	K D DAKOJI/H DESAI/M DESAI	RESIDENTIAL	$727,500	159 ft
2007 SHERIDAN AVE S MINNEAPOLIS MN 55405	DAVID E MAHNKE ET AL 2010 TR	RESIDENTIAL	$678,800	162 ft
2000 KENWOOD PKWY MINNEAPOLIS MN 55405	JAMES J KRIZ JR	RESIDENTIAL	$872,300	169 ft
2008 KENWOOD PKWY MINNEAPOLIS MN 55405	J L SCHWARTZ/M S H SCHWARTZ	RESIDENTIAL-TWO UNIT	$1,350,000	173 ft
2018 SHERIDAN AVE S MINNEAPOLIS MN 55405	KARIN ST JOHN/DAVID ST JOHN	RESIDENTIAL	$932,800	188 ft
2012 KENWOOD PKWY MINNEAPOLIS MN 55405	THOMAS W DOBMEYER	RESIDENTIAL-TWO UNIT	$742,100	192 ft

Property History

Most Recent Sale

Date199603

Price$245,900

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$20,898