2750 FREMONT AVE S MINNEAPOLIS MN 55408

PID: 3302924420006

Property Overview

Parcel ID3302924420006

Lot Size3,956 sq ft (0.091 ac)

Lot Dimensions (est.)90 ft wide × 44 ft deep

Year Built1902

Property ClassRESIDENTIAL

OwnerBLAKE C VEITENHEIMER

Assessed Value$332,000

Land Value$116,000

Building Value$216,000

Annual Tax$4,933

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

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Lowry Hill East · Minneapolis

Median reported rent1,194/mo

Renter-occupied84.0%

Median home value$388K

Vacancy rate3.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1067

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 width34 ft

Buildable depth50 ft

Area~1,695 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 1,695 sqft buildable area.

Est. units

Yield on cost

3.1%

Spread

-2.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2746 FREMONT AVE S MINNEAPOLIS MN 55408	AUDRA ELIZABETH WILLIAMS	RESIDENTIAL-TWO UNIT	$518,100	44 ft
2756 FREMONT AVE S MINNEAPOLIS MN 55408	BEDROCK REAL ESTATE LLC	RESIDENTIAL-TWO UNIT	$364,500	44 ft
1310 28TH ST W MINNEAPOLIS MN 55408	T J SIMMONS & T A BRYAN	APARTMENT	$438,000	67 ft
2744 FREMONT AVE S MINNEAPOLIS MN 55408	MECHLINSKI INVESTMENTS LLC	APARTMENT	$548,000	99 ft
1314 28TH ST W MINNEAPOLIS MN 55408	1314 WEST 28TH L L C	LOW INCOME RENTAL	$1,819,000	135 ft
2732 FREMONT AVE S MINNEAPOLIS MN 55408	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	139 ft
2757 FREMONT AVE S MINNEAPOLIS MN 55408	KHEIM PROPERTIES LLC	RESIDENTIAL	$495,300	154 ft
2800 FREMONT AVE S MINNEAPOLIS MN 55408	VARGHESE JOHN/PRAMOL MATHEW	RESIDENTIAL-TWO UNIT	$416,100	169 ft
2753 FREMONT AVE S MINNEAPOLIS MN 55408	GREGORY KULACKI & HONG YAO	RESIDENTIAL-TWO UNIT	$465,900	169 ft
2745 FREMONT AVE S MINNEAPOLIS MN 55408	MARJORIE J OLSON ETAL	RESIDENTIAL-TWO UNIT	$575,800	172 ft

Property History

Most Recent Sale

Date199207

Price$59,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,933