2123 FREMONT AVE S MINNEAPOLIS MN 55405

PID: 3302924120043

Property Overview

Parcel ID3302924120043

Lot Size5,728 sq ft (0.131 ac)

Lot Dimensions (est.)127 ft wide × 45 ft deep

Year Built1908

Property ClassRESIDENTIAL

OwnerJ ZIEGENFUSS & K YUVARAJ

Assessed Value$889,000

Land Value$256,000

Building Value$633,000

Annual Tax$15,070

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

9 permits on record since 2017 · $112K total declared value · Most recent: Sep 2023 (misc)

MiscSep 2023Closed

$24K

TIMBERLINE ROOFING & CONTRACTING INC

ExistresMay 2022Closed

Three Rivers Mechanical LLC

RemodelJul 2021Closed

$87K

JR STRUCTURES

ExistresJul 2021Closed

A.P. Mechanical LLC

ResJun 2021Closed

Precision Plumbing and Heating Inc

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Lowry Hill · Minneapolis

Median reported rent1,289/mo

Renter-occupied58.6%

Median home value$620K

Vacancy rate3.3%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1055

Market Snapshot

Zip code 55405

Median sale price$530K+73.8% YoY

Median price / sqft$270/sqft

Median days to close45 days

Active listings39

Source: Redfin Data Center (Invalid Date) · Zip 55405

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width34 ft

Buildable depth90 ft

Area~3,054 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 small multifamily (2–4 units, wood frame) benchmarks for 3,054 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2119 FREMONT AVE S MINNEAPOLIS MN 55405	GARVIS FAMILY REVOC TRUST	RESIDENTIAL	$1,010,000	45 ft
1214 22ND ST W MINNEAPOLIS MN 55405	ANNE MARIE MAZWI & K MAZWI	RESIDENTIAL	$700,800	56 ft
1210 22ND ST W MINNEAPOLIS MN 55405	ESMAEEL EBRAHIM KHOROOSI	RESIDENTIAL	$414,400	65 ft
2115 FREMONT AVE S MINNEAPOLIS MN 55405	M A ELIAS & S C ELIAS TRSTE	RESIDENTIAL	$979,100	90 ft
1208 22ND ST W MINNEAPOLIS MN 55405	RANDI L LYDERS TRUST	RESIDENTIAL	$584,400	105 ft
2109 FREMONT AVE S MINNEAPOLIS MN 55405	B S HILLESTAD & K N PROCOPIO	RESIDENTIAL	$813,100	136 ft
2120 EMERSON AVE S MINNEAPOLIS MN 55405	JAMES F GORNEY	RESIDENTIAL-TWO UNIT	$694,900	144 ft
2116 EMERSON AVE S MINNEAPOLIS MN 55405	JONATHAN KALSCHEUR	RESIDENTIAL-TWO UNIT	$579,100	152 ft
1202 22ND ST W MINNEAPOLIS MN 55405	W L TILLMAN & E THIELE	RESIDENTIAL	$626,800	166 ft
2105 FREMONT AVE S MINNEAPOLIS MN 55405	MICHAEL J/KATHLEEN KUKIELKA	RESIDENTIAL	$664,500	181 ft

Property History

Most Recent Sale

Date201201

Price$479,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$15,070