2104 PENN AVE S MINNEAPOLIS MN 55405

PID: 3202924110107

Property Overview

Parcel ID3202924110107

Lot Size6,975 sq ft (0.160 ac)

Lot Dimensions (est.)150 ft wide × 46 ft deep

Year Built1907

Property ClassRESIDENTIAL

OwnerWILLIAM R TOZER & ANN TOZER

Assessed Value$592,000

Land Value$369,000

Building Value$223,000

Annual Tax$11,199

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2017 · $45K total declared value · Most recent: Jan 2024 (existres)

ExistresJan 2024Closed

Standard Heating and Air Conditioning Inc

ResApr 2020Closed

Adam's On-Time Plumbing & Water Heaters LLC

MiscJan 2020Closed

$23K

KAUFMAN SHEET METAL ROOFING INC

ResDec 2017Closed

CENTERPOINT ENERGY

ResMar 2017Closed

William R Tozer

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 width37 ft

Buildable depth108 ft

Area~4,014 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 4,014 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2205 21ST ST W MINNEAPOLIS MN 55405	Y G POLYDOROU & N A HOPE	RESIDENTIAL	$762,400	46 ft
2108 PENN AVE S MINNEAPOLIS MN 55405	MARLENE D FELDMAN	RESIDENTIAL-TWO UNIT	$785,100	47 ft
2112 PENN AVE S MINNEAPOLIS MN 55405	RICHARD MAURICE ANDERSON	TRIPLEX	$741,000	93 ft
2215 21ST ST W MINNEAPOLIS MN 55405	E A CHINQUIST/S L CHINQUIST	RESIDENTIAL-TWO UNIT	$851,600	108 ft
2116 PENN AVE S MINNEAPOLIS MN 55405	JOHN E BURKE/HEIDI E ERDICH	RESIDENTIAL	$729,700	140 ft
2217 21ST ST W MINNEAPOLIS MN 55405	JOANNA BOURAIN	RESIDENTIAL-TWO UNIT	$650,000	147 ft
2206 21ST ST W MINNEAPOLIS MN 55405	RDA UPTOWN III LLC	RESIDENTIAL-TWO UNIT	$675,800	157 ft
2208 21ST ST W MINNEAPOLIS MN 55405	PATRICIA FAYE ANDERSON	RESIDENTIAL-TWO UNIT	$635,000	188 ft
2122 PENN AVE S MINNEAPOLIS MN 55405	JONATHAN P CARLSON	RESIDENTIAL	$689,800	198 ft
2107 PENN AVE S MINNEAPOLIS MN 55405	KENWOOD PLACE PROPERTIES	COMMERCIAL-PREFERRED	$1,018,500	200 ft

Property History

Most Recent Sale

Date201307

Price$370,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$11,199