2724 CHOWEN AVE S MINNEAPOLIS MN 55416

PID: 3202924320064

Property Overview

Parcel ID3202924320064

Lot Size4,923 sq ft (0.113 ac)

Lot Dimensions (est.)121 ft wide × 41 ft deep

Year Built1915

Property ClassRESIDENTIAL

OwnerL P GOODMAN/S M F GOODMAN

Assessed Value$635,500

Land Value$325,000

Building Value$310,500

Annual Tax$10,274

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2018 · $5K total declared value · Most recent: Oct 2023 (misc)

MiscOct 2023Closed

$5K

ASHTON MCGEE RESTORATION GROUP LLC

ResAug 2023Closed

SODERLIN PLUMBING HEATING AND AIR

ExistresJun 2021Closed

Residential Heating and Air Conditioning Inc

ResJun 2018Closed

Linn Star Transfer Inc

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

Neighborhood Profile

Cedar - Isles - Dean · 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 55416

Median sale price$395K-8.1% YoY

Median price / sqft$246/sqft

Median days to close46 days

Active listings89

Source: Redfin Data Center (Invalid Date) · Zip 55416

Zoning

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width31 ft

Buildable depth80 ft

Area~2,484 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 sfr / adu benchmarks for 2,484 sqft buildable area.

Est. units

Yield on cost

2.2%

Spread

-3.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2728 CHOWEN AVE S MINNEAPOLIS MN 55416	K CONKEL & M CONKEL	RESIDENTIAL	$1,133,500	40 ft
2720 CHOWEN AVE S MINNEAPOLIS MN 55416	W J WILKEN II & J BRANDABUR	RESIDENTIAL	$589,400	41 ft
2732 CHOWEN AVE S MINNEAPOLIS MN 55416	F F E GOSA-NAGLE/H A LUNDELL	RESIDENTIAL	$1,126,700	81 ft
2716 CHOWEN AVE S MINNEAPOLIS MN 55416	K M LONGO & J E PLUIMER	RESIDENTIAL	$763,600	82 ft
2736 CHOWEN AVE S MINNEAPOLIS MN 55416	S HOAGLUND & Z G HOAGLUND	RESIDENTIAL	$760,000	122 ft
2712 CHOWEN AVE S MINNEAPOLIS MN 55416	JOSEPH SACK & DAVID HATCH	RESIDENTIAL	$730,800	126 ft
2725 DREW AVE S MINNEAPOLIS MN 55416	G G KONDRASUK & KUANHUI LEE	RESIDENTIAL	$1,100,400	138 ft
2729 DREW AVE S MINNEAPOLIS MN 55416	M E JOHNSON/T G DAVENPORT	RESIDENTIAL	$932,200	152 ft
2717 DREW AVE S MINNEAPOLIS MN 55416	B GORBATY & M GORBATY	RESIDENTIAL	$1,052,900	159 ft
2740 CHOWEN AVE S MINNEAPOLIS MN 55416	ROY M CLOSE ETAL	RESIDENTIAL	$737,600	163 ft

Property History

Most Recent Sale

Date198510

Price$107,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$10,274