2901 DREW AVE S MINNEAPOLIS MN 55416

PID: 3202924330171

Property Overview

Parcel ID3202924330171

Lot Size12,800 sq ft (0.294 ac)

Lot Dimensions (est.)128 ft wide × 100 ft deep

Year Built1930

Property ClassRESIDENTIAL

OwnerJASON HABECK

Assessed Value$1,007,400

Land Value$399,000

Building Value$608,400

Annual Tax$17,310

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2018 · $48K total declared value · Most recent: Oct 2022 (existres)

ExistresOct 2022Closed

Standard Heating and Air Conditioning Inc

ExistresJul 2019Closed

KB Service Co

ResJul 2019Closed

Precision Plumbing and Heating Inc

RemodelJun 2019Closed

$48K

JR STRUCTURES INC

ResAug 2018Closed

START TO FINISH CONTRACTING 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 width90 ft

Buildable depth88 ft

Area~7,915 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 7,915 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2833 DREW AVE S MINNEAPOLIS MN 55416	B E KLINE & L A GOLDMAN	RESIDENTIAL	$706,500	75 ft
2909 DREW AVE S MINNEAPOLIS MN 55416	DREWHOUSE LLC	RESIDENTIAL	$580,000	75 ft
2829 DREW AVE S MINNEAPOLIS MN 55416	W A PICKHARDT & S RESNICK	RESIDENTIAL	$869,700	125 ft
2913 DREW AVE S MINNEAPOLIS MN 55416	BROTEN FAMILY TRUST	RESIDENTIAL	$725,500	125 ft
2916 CHOWEN AVE S MINNEAPOLIS MN 55416	D E & M G JOHNSON	RESIDENTIAL	$390,200	139 ft
2920 CHOWEN AVE S MINNEAPOLIS MN 55416	B L GRESKAMP & R K GRESKAMP	RESIDENTIAL	$916,200	141 ft
2912 CHOWEN AVE S MINNEAPOLIS MN 55416	N SOUTHWICK & K M SOUTHWICK	RESIDENTIAL	$682,200	147 ft
2924 CHOWEN AVE S MINNEAPOLIS MN 55416	E S HOTCHKISS & D HOTCHKISS	RESIDENTIAL	$793,000	155 ft
2908 CHOWEN AVE S MINNEAPOLIS MN 55416	MIKI GRIFFIN	RESIDENTIAL	$518,000	166 ft
2901 EWING AVE S MINNEAPOLIS MN 55416	J SNITZER & R G SNITZER	RESIDENTIAL	$1,113,900	172 ft

Property History

Most Recent Sale

Date202012

Price$895,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$17,310