1505 28TH ST W MINNEAPOLIS MN 55408

PID: 3302924310115

Property Overview

Parcel ID3302924310115

Lot Size6,775 sq ft (0.156 ac)

Lot Dimensions (est.)143 ft wide × 47 ft deep

Year Built1903

Property ClassRESIDENTIAL

OwnerMICHELLE MORRISSETTE

Assessed Value$483,600

Land Value$255,000

Building Value$228,600

Annual Tax$7,416

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2023 · $20K total declared value · Most recent: Feb 2024 (misc)

MiscFeb 2024Closed

$20K

SID FEATHERSTONE CONSTRUCTION LLC

ResMay 2023Expired

Admiral Radon & Mechanical Services LLC

ExistresMay 2023Expired

Centraire Heating & Air Conditioning LLC

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 width43 ft

Buildable depth88 ft

Area~3,721 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 3,721 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1511 28TH ST W MINNEAPOLIS MN 55408	ROBERT EUGENE LONG	RESIDENTIAL	$659,200	46 ft
2808 HUMBOLDT AVE S MINNEAPOLIS MN 55408	S L CLARKE ET AL REV TRUST	RESIDENTIAL-TWO UNIT	$501,200	51 ft
1501 28TH ST W MINNEAPOLIS MN 55408	RICHARD T MOODY	RESIDENTIAL-TWO UNIT	$755,300	71 ft
2810 HUMBOLDT AVE S MINNEAPOLIS MN 55408	MICHELLE MORRISSETTE	VACANT LAND-RESIDENTIAL	$6,800	77 ft
2812 HUMBOLDT AVE S MINNEAPOLIS MN 55408	AARON HALL & SHEER GANOR	RESIDENTIAL	$657,500	103 ft
1525 28TH ST W MINNEAPOLIS MN 55408	MONA T PETERSON ROSOW	RESIDENTIAL-TWO UNIT	$1,509,900	148 ft
2818 HUMBOLDT AVE S MINNEAPOLIS MN 55408	J C TALLMAN & L K JELINEK	RESIDENTIAL	$742,500	153 ft
2740 HUMBOLDT AVE S MINNEAPOLIS MN 55408	JAMES STREMEL/LAURA STREMEL	APARTMENT	$827,000	171 ft
1512 28TH ST W MINNEAPOLIS MN 55408	ERIC HERMANSON	APARTMENT	$869,000	178 ft
2809 IRVING AVE S MINNEAPOLIS MN 55408	THE MISHKIN FAMILY TRUST	RESIDENTIAL	$1,213,700	182 ft

Property History

Most Recent Sale

Date200212

Price$420,000

TypeSALE INCLUDES MORE THAN ONE PARCEL

Current Tax Year

Year2026

Tax Due$7,416