2921 CHOWEN AVE S MINNEAPOLIS MN 55416

PID: 3202924330146

Property Overview

Parcel ID3202924330146

Lot Size3,993 sq ft (0.092 ac)

Lot Dimensions (est.)84 ft wide × 48 ft deep

Year Built1919

Property ClassRESIDENTIAL

OwnerALANA K BASSIN

Assessed Value$656,300

Land Value$234,000

Building Value$422,300

Annual Tax$10,668

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2003 · $451K total declared value · Most recent: Jul 2022 (existres)

ExistresJul 2022Closed

Airic's Heating & Air Conditioning Inc

Building Re-inspectionDec 2006

$55K

Building Re-inspectionDec 2004

$146K

Building Re-inspectionMar 2003

$250K

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

Estimated · verify frontage

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width71 ft

Buildable depth8 ft

Area~545 sqft

Corner-lot envelopes may require contextual setback review and should be treated as planning estimates.

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 545 sqft buildable area.

Est. units

Yield on cost

2.8%

Spread

-2.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2917 CHOWEN AVE S MINNEAPOLIS MN 55416	CAROL L ZELENAK	RESIDENTIAL	$318,000	49 ft
2915 CHOWEN AVE S MINNEAPOLIS MN 55416	ROBERT D JOHNSON ETAL	RESIDENTIAL	$326,200	98 ft
3518 CHOWEN PL MINNEAPOLIS MN 55416	N DEMARIS & M M DEMARIS	RESIDENTIAL	$823,800	98 ft
3540 LAKE ST W MINNEAPOLIS MN 55416	CITY OF MPLS PK BD	VACANT LAND-RESIDENTIAL	$0	111 ft
2940 CHOWEN AVE S MINNEAPOLIS MN 55416	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	160 ft
3504 ST LOUIS AVE MINNEAPOLIS MN 55416	SHARON M & MARK W SPELLMAN	TOWNHOUSE	$533,900	163 ft
2936 CHOWEN AVE S MINNEAPOLIS MN 55416	N B CHAVEZ & P E CHAVEZ	RESIDENTIAL	$1,113,900	164 ft
2932 CHOWEN AVE S MINNEAPOLIS MN 55416	R E BISCHOFF & P M COTRUTA	RESIDENTIAL	$765,000	177 ft
3600 LAKE ST W MINNEAPOLIS MN 55416	A H BAKER & SONS LLC	COMMERCIAL-PREFERRED	$736,500	189 ft
3502 ST LOUIS AVE MINNEAPOLIS MN 55416	TAMITHA D HECKER	TOWNHOUSE	$575,700	195 ft

Property History

Most Recent Sale

Date199706

Price$108,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$10,668