2831 BENTON BLVD MINNEAPOLIS MN 55416

PID: 3202924420070

Property Overview

Parcel ID3202924420070

Lot Size8,955 sq ft (0.206 ac)

Lot Dimensions (est.)78 ft wide × 114 ft deep

Year Built1925

Property ClassRESIDENTIAL

OwnerWILLIAM M BURNS JR REV TRUST

Assessed Value$1,195,300

Land Value$391,000

Building Value$804,300

Annual Tax$20,863

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2021 · $45K total declared value · Most recent: Nov 2024 (res)

ResNov 2024Closed

CenterPoint Energy Resource Corp

ExistresOct 2024Closed

Midwest Electric & Generator Inc

MiscApr 2023Closed

$45K

TREHUS BUILDERS INC

ExistresDec 2021Closed

Blue Ox Heating and Air LLC

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 width66 ft

Buildable depth78 ft

Area~5,551 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 5,551 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
2825 BENTON BLVD MINNEAPOLIS MN 55416	K D WOLTER & T E KNOEDLER	RESIDENTIAL	$866,400	60 ft
2901 BENTON BLVD MINNEAPOLIS MN 55416	M K BING & K GRUMSTRUP TRSTS	RESIDENTIAL	$1,016,300	63 ft
2821 BENTON BLVD MINNEAPOLIS MN 55416	KEVIN JOHNSON & LORI JOHNSON	RESIDENTIAL	$1,208,900	115 ft
2905 BENTON BLVD MINNEAPOLIS MN 55416	M R DOLPHIN & K R DOLPHIN	RESIDENTIAL	$793,500	125 ft
2815 BENTON BLVD MINNEAPOLIS MN 55416	PATRICK HUBER	RESIDENTIAL	$603,400	169 ft
2909 BENTON BLVD MINNEAPOLIS MN 55416	D A STEELE & W L STEELE	RESIDENTIAL	$1,245,500	183 ft
2756 DEAN PKWY MINNEAPOLIS MN 55416	L M A GOLBERSTEIN REV TRUST	RESIDENTIAL	$1,591,000	187 ft
2750 DEAN PKWY MINNEAPOLIS MN 55416	R H BOURAIN & M S BOURAIN TR	RESIDENTIAL	$970,000	204 ft
2760 DEAN PKWY MINNEAPOLIS MN 55416	MARC D NICOLOFF	RESIDENTIAL	$1,350,300	233 ft
2842 BENTON BLVD MINNEAPOLIS MN 55416	B BAJEMA & C T BAJEMA	RESIDENTIAL	$830,000	234 ft

Property History

Most Recent Sale

Date200805

Price$1,265,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$20,863