2550 BRYANT AVE S MINNEAPOLIS MN 55405

PID: 3302924140192

Property Overview

Parcel ID3302924140192

Lot Size9,976 sq ft (0.229 ac)

Lot Dimensions (est.)129 ft wide × 77 ft deep

Year Built1962

Property ClassAPARTMENT

OwnerBRYANT AVENUE PROPERTIES LLC

Assessed Value$1,854,000

Land Value$309,600

Building Value$1,544,400

Annual Tax$35,145

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Development Opportunities

Potentially 4d-Eligible PropertyMedium

Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.

Minneapolis — 4d Affordable Housing Incentive ↗

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

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Lowry Hill East · Minneapolis

Median reported rent1,194/mo

Renter-occupied84.0%

Median home value$388K

Vacancy rate3.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1067

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 width67 ft

Buildable depth90 ft

Area~5,988 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 5,988 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2540 BRYANT AVE S MINNEAPOLIS MN 55405	STEVEN E ERICKSON	RESIDENTIAL-TWO UNIT	$387,400	59 ft
906 26TH ST W MINNEAPOLIS MN 55405	KATELYN WILSON	RESIDENTIAL-TWO UNIT	$368,600	75 ft
902 26TH ST W MINNEAPOLIS MN 55405	M RAYMOND & A ORKIN-RAYMOND	RESIDENTIAL	$362,600	86 ft
908 26TH ST W MINNEAPOLIS MN 55405	A SELMES & A GILBERT-SCHRAG	RESIDENTIAL	$287,700	87 ft
2536 BRYANT AVE S MINNEAPOLIS MN 55405	M D MOSER & J W MOSER	RESIDENTIAL	$514,000	100 ft
914 26TH ST W MINNEAPOLIS MN 55405	SAMUEL HOOKHAM/KELLY HOOKHAM	RESIDENTIAL	$372,600	124 ft
2532 BRYANT AVE S MINNEAPOLIS MN 55405	STEVEN F COBIAN	RESIDENTIAL-TWO UNIT	$441,200	140 ft
2549 COLFAX AVE S MINNEAPOLIS MN 55405	N JAROSZ & D J JAROSZ	RESIDENTIAL	$377,300	142 ft
2545 COLFAX AVE S MINNEAPOLIS MN 55405	LEWIS WERNER	RESIDENTIAL	$509,600	142 ft
2541 COLFAX AVE S MINNEAPOLIS MN 55405	M M MOGREN & J KATT	RESIDENTIAL-TWO UNIT	$526,800	152 ft

Property History

Most Recent Sale

Date201811

Price$3,908,295

TypeSALE INCLUDES MORE THAN ONE PARCEL

Current Tax Year

Year2026

Tax Due$35,145