2119 E LAKE OF ISLES PKWY MINNEAPOLIS MN 55405

PID: 3302924210045

Property Overview

Parcel ID3302924210045

Lot Size11,686 sq ft (0.268 ac)

Lot Dimensions (est.)122 ft wide × 96 ft deep

Year Built1922

Property ClassRESIDENTIAL

OwnerEAST2WEST LLC

Assessed Value$3,150,000

Land Value$1,230,000

Building Value$1,920,000

Annual Tax$57,841

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2008 · $1.1M total declared value · Most recent: Apr 2024 (misc)

MiscApr 2024Expired

$42K

LES JONES ROOFING INC

ResJul 2021Closed

Select Mechanical Services Inc

ExistresMar 2019Closed

Select Mechanical Services Inc

ResMay 2018Closed

Select Mechanical Services Inc

Building Re-inspectionAug 2008

$1.1M

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$540K+10.8% YoY

Median price / sqft$268/sqft

Median days to close21 days

Active listings52

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

Zoning

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Estimated · verify frontage

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width109 ft

Buildable depth56 ft

Area~6,584 sqft

Corner-lot envelopes may require contextual setback review and should be treated as planning estimates.

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 6,584 sqft buildable area.

Est. units

Yield on cost

1.8%

Spread

-3.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2115 E LAKE OF ISLES PKWY MINNEAPOLIS MN 55405	MPR 2021 TRUST	RESIDENTIAL	$2,652,500	107 ft
2121 JAMES AVE S MINNEAPOLIS MN 55405	JOHN L THOMSON REV TR AGR	RESIDENTIAL	$1,133,300	156 ft
2109 JAMES AVE S MINNEAPOLIS MN 55405	M STAUCH/J THOMPSON	RESIDENTIAL	$1,917,000	195 ft
2100 JAMES AVE S MINNEAPOLIS MN 55405	ARTHA FAMILY TRUST	RESIDENTIAL	$3,012,500	206 ft
1616 22ND ST W MINNEAPOLIS MN 55405	MARTHA M HEAD 2014 REV TRUST	RESIDENTIAL	$1,193,900	234 ft
2103 JAMES AVE S MINNEAPOLIS MN 55405	D S SANBORN & S K SANBORN	RESIDENTIAL	$1,712,700	248 ft
2012 JAMES AVE S MINNEAPOLIS MN 55405	VIVEK AGRAWAL & RITU BHATT	RESIDENTIAL	$2,097,000	289 ft
2201 E LAKE OF ISLES PKWY MINNEAPOLIS MN 55405	LINEAR REAL ESTATE INVST LLC	RESIDENTIAL	$3,351,000	303 ft
2015 JAMES AVE S MINNEAPOLIS MN 55405	ALLAN H ERBSEN & JILL HASDAY	RESIDENTIAL	$2,201,000	333 ft
2116 IRVING AVE S MINNEAPOLIS MN 55405	SUSAN KUJAVA REV TRUST ET AL	RESIDENTIAL	$886,700	343 ft

Property History

Most Recent Sale

Date200801

Price$2,775,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$57,841