2775 THOMAS AVE S MINNEAPOLIS MN 55416

PID: 3202924410010

Property Overview

Parcel ID3202924410010

Lot Size10,055 sq ft (0.231 ac)

Lot Dimensions (est.)153 ft wide × 66 ft deep

Year Built1923

Property ClassRESIDENTIAL

OwnerMARY L HARLOW TRUST

Assessed Value$823,400

Land Value$523,000

Building Value$300,400

Annual Tax$13,829

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2020 · $9K total declared value · Most recent: Apr 2024 (misc)

MiscApr 2024Closed

$9K

Summit Construction Group

ResSep 2020Closed

CHAMPION PLUMBING LLC

ResSep 2020Cancelled

Tri County Water Conditioning, 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

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 width140 ft

Buildable depth26 ft

Area~5,577 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 5,577 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
2765 THOMAS AVE S MINNEAPOLIS MN 55416	J M HAUGLAND & M STRUTHERS	RESIDENTIAL	$1,218,300	86 ft
2755 THOMAS AVE S MINNEAPOLIS MN 55416	H J & C B SIMER	RESIDENTIAL	$936,600	174 ft
2770 THOMAS AVE S MINNEAPOLIS MN 55416	B M K AUGHENBAUGH ET AL	RESIDENTIAL	$1,169,200	178 ft
2774 W LAKE OF ISLES PKWY MINNEAPOLIS MN 55416	LANCE M SILVERMAN ETAL	RESIDENTIAL	$3,100,000	180 ft
2778 THOMAS AVE S MINNEAPOLIS MN 55416	JACOB FISHMAN TRUST ET AL	RESIDENTIAL	$1,618,200	189 ft
2617 28TH ST W MINNEAPOLIS MN 55416	REBECCA COGSWELL & JOHN KIM	RESIDENTIAL	$1,238,000	195 ft
2760 THOMAS AVE S MINNEAPOLIS MN 55416	GRANT STROM & ANDREA GROSZ	RESIDENTIAL	$1,246,000	196 ft
2613 28TH ST W MINNEAPOLIS MN 55416	NANCY YOST	RESIDENTIAL	$1,425,300	205 ft
2621 28TH ST W MINNEAPOLIS MN 55416	ZHU G CHENG & RON E GARBER	RESIDENTIAL	$1,212,500	223 ft
2806 W LAKE OF ISLES PKWY MINNEAPOLIS MN 55416	GABBY TRUST	RESIDENTIAL	$1,318,500	229 ft

Property History

Most Recent Sale

Date198302

Price$235,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$13,829