2105 HUMBOLDT AVE S MINNEAPOLIS MN 55405

PID: 3302924120175

Property Overview

Parcel ID3302924120175

Lot Size6,434 sq ft (0.148 ac)

Lot Dimensions (est.)129 ft wide × 50 ft deep

Year Built1909

Property ClassRESIDENTIAL

OwnerA SEVERT & K SEVERT TRUSTEES

Assessed Value$1,580,500

Land Value$272,000

Building Value$1,308,500

Annual Tax$28,150

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

1 permit on record since 2012 · $647K total declared value · Most recent: Apr 2012 (building re-inspection)

Building Re-inspectionApr 2012

$647K

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 width40 ft

Buildable depth89 ft

Area~3,546 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 3,546 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2101 HUMBOLDT AVE S MINNEAPOLIS MN 55405	G & L C PELLIZZER	RESIDENTIAL	$698,600	45 ft
2111 HUMBOLDT AVE S MINNEAPOLIS MN 55405	C J CONNER & C L CONNER	RESIDENTIAL	$907,000	50 ft
2021 HUMBOLDT AVE S MINNEAPOLIS MN 55405	MARTHA GOLDBERG ARONSON ETAL	RESIDENTIAL	$1,133,200	86 ft
2115 HUMBOLDT AVE S MINNEAPOLIS MN 55405	M L SKOGLUND & N M MOEN	RESIDENTIAL	$937,700	100 ft
2017 HUMBOLDT AVE S MINNEAPOLIS MN 55405	RUTH ADELE DEAN	RESIDENTIAL	$479,400	127 ft
2104 GIRARD AVE S MINNEAPOLIS MN 55405	ELAM BAER & JANIS M CLAY	RESIDENTIAL	$866,300	140 ft
2100 GIRARD AVE S MINNEAPOLIS MN 55405	J R VORACEK & S K VORACEK	RESIDENTIAL-TWO UNIT	$587,800	147 ft
2110 GIRARD AVE S MINNEAPOLIS MN 55405	CAROL MANNING REVOCABLE TRST	RESIDENTIAL	$443,000	149 ft
2119 HUMBOLDT AVE S MINNEAPOLIS MN 55405	MATTHEW JOLLY REV TR ET AL	RESIDENTIAL	$1,214,700	150 ft
2020 GIRARD AVE S MINNEAPOLIS MN 55405	SOLVEIG L OLSON	RESIDENTIAL-TWO UNIT	$600,600	165 ft

Property History

Most Recent Sale

Date200007

Price$550,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$28,150