2924 CHOWEN AVE S MINNEAPOLIS MN 55416

PID: 3202924330177

Property Overview

Parcel ID3202924330177

Lot Size4,852 sq ft (0.111 ac)

Lot Dimensions (est.)121 ft wide × 40 ft deep

Year Built1935

Property ClassRESIDENTIAL

OwnerE S HOTCHKISS & D HOTCHKISS

Assessed Value$793,000

Land Value$260,000

Building Value$533,000

Annual Tax$13,254

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2016 · $14K total declared value · Most recent: Jul 2025 (res)

ResJul 2025Inspection

Warners Stellian Co Inc

MiscOct 2022Closed

$14K

KAUFMAN SHEET METAL ROOFING INC

ExistresApr 2022Closed

Standard Heating and Air Conditioning Inc

ResJun 2017Closed

Dean's Professional Plumbing Inc

ResJan 2017Closed

CENTERPOINT ENERGY

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 width30 ft

Buildable depth81 ft

Area~2,438 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 2,438 sqft buildable area.

Est. units

Yield on cost

2.4%

Spread

-3.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2920 CHOWEN AVE S MINNEAPOLIS MN 55416	B L GRESKAMP & R K GRESKAMP	RESIDENTIAL	$916,200	40 ft
2928 CHOWEN AVE S MINNEAPOLIS MN 55416	F BARUFFALDI/E CLARITY	RESIDENTIAL	$1,096,000	40 ft
2916 CHOWEN AVE S MINNEAPOLIS MN 55416	D E & M G JOHNSON	RESIDENTIAL	$390,200	80 ft
2932 CHOWEN AVE S MINNEAPOLIS MN 55416	R E BISCHOFF & P M COTRUTA	RESIDENTIAL	$765,000	80 ft
2912 CHOWEN AVE S MINNEAPOLIS MN 55416	N SOUTHWICK & K M SOUTHWICK	RESIDENTIAL	$682,200	120 ft
2936 CHOWEN AVE S MINNEAPOLIS MN 55416	N B CHAVEZ & P E CHAVEZ	RESIDENTIAL	$1,113,900	120 ft
2909 DREW AVE S MINNEAPOLIS MN 55416	DREWHOUSE LLC	RESIDENTIAL	$580,000	138 ft
2913 DREW AVE S MINNEAPOLIS MN 55416	BROTEN FAMILY TRUST	RESIDENTIAL	$725,500	149 ft
3535 29TH ST W MINNEAPOLIS MN 55416	L H BEARINGER & M D RESNICK	RESIDENTIAL	$461,100	153 ft
2901 DREW AVE S MINNEAPOLIS MN 55416	JASON HABECK	RESIDENTIAL	$1,007,400	155 ft

Property History

Most Recent Sale

Date201707

Price$675,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$13,254