2304 FREMONT AVE S MINNEAPOLIS MN 55405

PID: 3302924120126

Property Overview

Parcel ID3302924120126

Lot Size5,135 sq ft (0.118 ac)

Lot Dimensions (est.)129 ft wide × 40 ft deep

Year Built1895

Property ClassRESIDENTIAL

OwnerK H ZAHN & M ZAHN

Assessed Value$651,000

Land Value$236,000

Building Value$415,000

Annual Tax$10,568

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2017 · $34K total declared value · Most recent: Nov 2024 (existres)

ExistresNov 2024Closed

Home Care Heating and Air LLC

MiscMar 2021Closed

$12K

DIAMOND CUT HOMES INC

MiscMar 2021Closed

$19K

DIAMOND CUT HOMES INC

MiscJul 2017Closed

$3K

JOHN HALEY ONE ROOFER LLC

ResApr 2017Closed

Warners Stellian Co Inc

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

Neighborhood Profile

East Isles · Minneapolis

Median reported rent1,226/mo

Renter-occupied49.6%

Median home value$548K

Vacancy rate7.2%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1066

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 width30 ft

Buildable depth88 ft

Area~2,652 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 2,652 sqft buildable area.

Est. units

Yield on cost

3.2%

Spread

-2.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2300 FREMONT AVE S MINNEAPOLIS MN 55405	N BROOKS III & L BROOKS	RESIDENTIAL-TWO UNIT	$632,900	40 ft
2308 FREMONT AVE S MINNEAPOLIS MN 55405	YOUNG WALSER TRUST	RESIDENTIAL	$526,300	40 ft
2224 FREMONT AVE S MINNEAPOLIS MN 55405	H T HELLER FAMILY TRUST	TRIPLEX	$858,700	80 ft
2312 FREMONT AVE S MINNEAPOLIS MN 55405	BRIAN C SOUTHWELL	RESIDENTIAL	$320,000	80 ft
2316 FREMONT AVE S MINNEAPOLIS MN 55405	EVAN DROEN	RESIDENTIAL-TWO UNIT	$539,700	119 ft
2220 FREMONT AVE S MINNEAPOLIS MN 55405	MINIER RENTAL PROP LLC	TRIPLEX	$596,800	127 ft
2305 GIRARD AVE S MINNEAPOLIS MN 55405	MAXWELL HORN & NATALIE HORN	RESIDENTIAL-TWO UNIT	$541,500	141 ft
2309 GIRARD AVE S MINNEAPOLIS MN 55405	CAROL J LARSON HOLDINGS LLC	TRIPLEX	$1,033,300	146 ft
2301 GIRARD AVE S MINNEAPOLIS MN 55405	MARY E MAGERS	RESIDENTIAL-TWO UNIT	$625,700	146 ft
2320 FREMONT AVE S MINNEAPOLIS MN 55405	BL 2022 LLLP	RESIDENTIAL	$803,600	159 ft

Property History

Most Recent Sale

Date202408

Price$663,888

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$10,568