2250 W LAKE OF ISLES PKWY MINNEAPOLIS MN 55405

PID: 3302924230011

Property Overview

Parcel ID3302924230011

Lot Size15,784 sq ft (0.362 ac)

Lot Dimensions (est.)170 ft wide × 93 ft deep

Year Built1926

Property ClassRESIDENTIAL

OwnerB H ANDERSON/J R ANDERSON TR

Assessed Value$3,487,000

Land Value$1,344,000

Building Value$2,143,000

Annual Tax$64,217

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2021 · $67K total declared value · Most recent: May 2024 (existres)

ExistresMay 2024Closed

Select Mechanical Services Inc

MiscAug 2023Closed

$45K

Mohler Chimney Repair LLC

MiscJan 2021Closed

$22K

SCHERER BROTHERS LUMBER CO

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

Neighborhood Profile

Kenwood · Minneapolis

Median reported rent1,749/mo

Renter-occupied47.2%

Median home value$827K

Vacancy rate7.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1065

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width101 ft

Buildable depth102 ft

Area~10,468 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 sfr / adu benchmarks for 10,468 sqft buildable area.

Est. units

Yield on cost

2.1%

Spread

-3.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2240 W LAKE OF ISLES PKWY MINNEAPOLIS MN 55405	DAVID STENNES & MARY STENNES	RESIDENTIAL	$2,044,400	89 ft
2256 W LAKE OF ISLES PKWY MINNEAPOLIS MN 55405	ANINA DAVENPORT	RESIDENTIAL	$2,083,400	89 ft
2333 NEWTON AVE S MINNEAPOLIS MN 55405	HAESHIK GORR & SVEN GORR	RESIDENTIAL	$1,177,300	153 ft
1920 OLIVER PL S MINNEAPOLIS MN 55405	ROBIN TAYLOR HARTWELL LIV TR	RESIDENTIAL	$1,539,000	162 ft
2329 NEWTON AVE S MINNEAPOLIS MN 55405	SARAH JAND RAND	RESIDENTIAL	$1,363,600	163 ft
2232 W LAKE OF ISLES PKWY MINNEAPOLIS MN 55405	M ROGERS & A M HARTMAN	RESIDENTIAL	$2,606,000	175 ft
2325 NEWTON AVE S MINNEAPOLIS MN 55405	P G JONES & S C JONES TRUSTE	RESIDENTIAL	$890,400	189 ft
2323 NEWTON AVE S MINNEAPOLIS MN 55405	K M CHEW & Y M LEONG	RESIDENTIAL	$926,100	226 ft
2262 W LAKE OF ISLES PKWY MINNEAPOLIS MN 55405	DEREK & ALISON WONG FAM TR	RESIDENTIAL	$3,091,000	237 ft
2603 NEWTON AVE S MINNEAPOLIS MN 55405	CHRISTIAN ARMSTRONG	RESIDENTIAL	$2,024,500	255 ft

Property History

Most Recent Sale

Date199903

Price$1,900,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$64,217