2417 SHERIDAN AVE S MINNEAPOLIS MN 55405

PID: 3202924140034

Property Overview

Parcel ID3202924140034

Lot Size5,296 sq ft (0.122 ac)

Lot Dimensions (est.)140 ft wide × 38 ft deep

Year Built1925

Property ClassRESIDENTIAL

OwnerG F VOORTELLA/N M VOORTELLA

Assessed Value$668,000

Land Value$402,000

Building Value$266,000

Annual Tax$10,889

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2023 · $54K total declared value · Most recent: May 2024 (addition)

AdditionMay 2024Closed

$24K

Myhers Construction

MiscSep 2023Closed

$10K

Minnesota Made Roofing and Remodeling LLC

ExistresMay 2023Closed

STERN HEATING AND COOLING INC

RemodelApr 2023Closed

$20K

AMEK CUSTOM BUILDERS INC

ResApr 2023Closed

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 width29 ft

Buildable depth96 ft

Area~2,754 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 2,754 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
2415 SHERIDAN AVE S MINNEAPOLIS MN 55405	ARTUR BACU & LILIA BACU	RESIDENTIAL	$708,300	40 ft
2421 SHERIDAN AVE S MINNEAPOLIS MN 55405	ROBERT E SHERMAN ETAL	RESIDENTIAL	$714,500	46 ft
2409 SHERIDAN AVE S MINNEAPOLIS MN 55405	A N MEISTER & S E MEISTER	RESIDENTIAL	$870,000	80 ft
2425 SHERIDAN AVE S MINNEAPOLIS MN 55405	BARBARA A LUNDGREN	RESIDENTIAL	$862,100	98 ft
2405 SHERIDAN AVE S MINNEAPOLIS MN 55405	T J BROWN & K D BROWN	RESIDENTIAL	$982,600	120 ft
2416 RUSSELL AVE S MINNEAPOLIS MN 55405	MICHELLE MERCER	RESIDENTIAL	$673,200	146 ft
2412 RUSSELL AVE S MINNEAPOLIS MN 55405	LYNN BENSON & JOHN BENSON	RESIDENTIAL	$997,000	151 ft
2420 RUSSELL AVE S MINNEAPOLIS MN 55405	A NELSON JR/C POLASKY TRSTES	RESIDENTIAL	$1,206,000	152 ft
2429 SHERIDAN AVE S MINNEAPOLIS MN 55405	MATHIAS H & DANA L MORTENSON	RESIDENTIAL	$836,300	154 ft
2401 SHERIDAN AVE S MINNEAPOLIS MN 55405	E M THOMPSON & J H HERUTH	RESIDENTIAL-TWO UNIT	$874,000	161 ft

Property History

Most Recent Sale

Date202109

Price$665,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$10,889