2729 IRVING AVE S MINNEAPOLIS MN 55408

PID: 3302924310093

Property Overview

Parcel ID3302924310093

Lot Size7,500 sq ft (0.172 ac)

Lot Dimensions (est.)158 ft wide × 48 ft deep

Year Built1911

Property ClassRESIDENTIAL-TWO UNIT

OwnerMARRI KUNIK RENNE

Assessed Value$945,900

Land Value$392,000

Building Value$553,900

Annual Tax$17,894

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

2 permits on record since 2018 · $27K total declared value · Most recent: Oct 2023 (misc)

MiscOct 2023Closed

$27K

Hail Experts Inc

ResSep 2018Closed

Urban Pine Plumbing and Mechanical 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 55408

Median sale price$390K+6.8% YoY

Median price / sqft$243/sqft

Median days to close62 days

Active listings73

Source: Redfin Data Center (Invalid Date) · Zip 55408

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 depth110 ft

Area~4,399 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 4,399 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
2735 IRVING AVE S MINNEAPOLIS MN 55408	C SOUTER & S MAHAJAN	RESIDENTIAL	$941,000	47 ft
2725 IRVING AVE S MINNEAPOLIS MN 55408	JOHN F COOPER & ANN M RUFF	CONDOMINIUM	$579,000	62 ft
2727 IRVING AVE S MINNEAPOLIS MN 55408	LINDA S HALLER	CONDOMINIUM	$568,000	62 ft
MN	Unknown	—	—	62 ft
2737 IRVING AVE S MINNEAPOLIS MN 55408	2737 IRVING AVENUE SOUTH LLC	TRIPLEX	$1,140,900	95 ft
2717 IRVING AVE S MINNEAPOLIS MN 55408	DANIEL BERMAN SCHWARTZMAN	RESIDENTIAL	$875,000	126 ft
2743 IRVING AVE S MINNEAPOLIS MN 55408	S B MAINGUY & D G MAINGUY	RESIDENTIAL	$1,227,300	145 ft
2728 HUMBOLDT AVE S MINNEAPOLIS MN 55408	EAST ISLES VINTAGE APTS LLC	APARTMENT	$3,926,000	165 ft
1512 28TH ST W MINNEAPOLIS MN 55408	ERIC HERMANSON	APARTMENT	$869,000	167 ft
2724 HUMBOLDT AVE S MINNEAPOLIS MN 55408	CATHERINE S FIDELER	CONDOMINIUM	$487,000	171 ft

Property History

Most Recent Sale

Date200706

Price$100

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$17,894