1525 28TH ST W MINNEAPOLIS MN 55408

PID: 3302924310122

Property Overview

Parcel ID3302924310122

Lot Size13,623 sq ft (0.313 ac)

Lot Dimensions (est.)198 ft wide × 69 ft deep

Year Built1907

Property ClassRESIDENTIAL-TWO UNIT

OwnerMONA T PETERSON ROSOW

Assessed Value$1,509,900

Land Value$500,000

Building Value$1,009,900

Annual Tax$27,689

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

9 permits on record since 2017 · $227K total declared value · Most recent: May 2020 (existres)

ExistresMay 2020Closed

Aaztec Heating and Air Conditioning Inc

RemodelMar 2020Closed

$65K

MIKE NORTH CONSTRUCTION LLC

ExistresMar 2020Closed

Titan Heating and Cooling Inc

ResMar 2020Closed

Mounds View Plumbing Inc

ExistresJan 2019Closed

WENZEL HEATING AND AIR CONDITIONING

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

Neighborhood Profile

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

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 width185 ft

Buildable depth29 ft

Area~7,136 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 7,136 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
2809 IRVING AVE S MINNEAPOLIS MN 55408	THE MISHKIN FAMILY TRUST	RESIDENTIAL	$1,213,700	75 ft
1511 28TH ST W MINNEAPOLIS MN 55408	ROBERT EUGENE LONG	RESIDENTIAL	$659,200	102 ft
2813 IRVING AVE S MINNEAPOLIS MN 55408	J HOIALMEN & M MCCASKEY	RESIDENTIAL	$1,019,300	126 ft
2743 IRVING AVE S MINNEAPOLIS MN 55408	S B MAINGUY & D G MAINGUY	RESIDENTIAL	$1,227,300	135 ft
1505 28TH ST W MINNEAPOLIS MN 55408	MICHELLE MORRISSETTE	RESIDENTIAL	$483,600	148 ft
2812 HUMBOLDT AVE S MINNEAPOLIS MN 55408	AARON HALL & SHEER GANOR	RESIDENTIAL	$657,500	159 ft
2817 IRVING AVE S MINNEAPOLIS MN 55408	MARSHALL A & MINDY E SLOO	RESIDENTIAL	$749,000	178 ft
2737 IRVING AVE S MINNEAPOLIS MN 55408	2737 IRVING AVENUE SOUTH LLC	TRIPLEX	$1,140,900	184 ft
2818 HUMBOLDT AVE S MINNEAPOLIS MN 55408	J C TALLMAN & L K JELINEK	RESIDENTIAL	$742,500	185 ft
2808 HUMBOLDT AVE S MINNEAPOLIS MN 55408	S L CLARKE ET AL REV TRUST	RESIDENTIAL-TWO UNIT	$501,200	188 ft

Property History

Most Recent Sale

Date200802

Price$1,200,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$27,689