2929 HARRIET AVE MINNEAPOLIS MN 55408

PID: 3402924330206

Property Overview

Parcel ID3402924330206

Lot Size5,143 sq ft (0.118 ac)

Lot Dimensions (est.)128 ft wide × 40 ft deep

Year Built1900

Property ClassRESIDENTIAL-TWO UNIT

OwnerVEDA MARIE HONECKER

Assessed Value$287,100

Land Value$116,000

Building Value$171,100

Annual Tax$5,453

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Opportunity ZoneHigh

Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.

HUD Opportunity Zones ↗

Potential programs

Environmental Response FundMedium

Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.

Minneapolis — Brownfield Grants ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

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

MiscMay 2024Closed

$6K

ARDMOR CONSTRUCTION

MiscNov 2023Closed

$13K

ARDMOR CONSTRUCTION

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

Neighborhood Profile

Whittier · Minneapolis

Median reported rent1,679/mo

Renter-occupied91.6%

Median home value$386K

Vacancy rate4.7%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 77

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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth89 ft

Area~2,656 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 2,656 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
2925 HARRIET AVE MINNEAPOLIS MN 55408	CULTIVATE CAPITAL LLC	RESIDENTIAL-TWO UNIT	$353,500	40 ft
2933 HARRIET AVE MINNEAPOLIS MN 55408	CULTIVATE CAPITAL LLC	RESIDENTIAL	$419,300	40 ft
2921 HARRIET AVE MINNEAPOLIS MN 55408	K M MARTINSON/K L MARTINSON	RESIDENTIAL-TWO UNIT	$287,900	80 ft
2937 HARRIET AVE MINNEAPOLIS MN 55408	CULTIVATE CAPITAL LLC	RESIDENTIAL	$316,400	80 ft
2941 HARRIET AVE MINNEAPOLIS MN 55408	MADISON AVE HOMES LLC	LOW INCOME RENTAL	$540,700	120 ft
2928 GRAND AVE S MINNEAPOLIS MN 55408	CULTIVATE CAPITAL LLC	RESIDENTIAL-TWO UNIT	$361,500	140 ft
2913 HARRIET AVE MINNEAPOLIS MN 55408	HAWKEYE INVESTMENTS PROP LLC	COMMERCIAL-PREFERRED	$1,090,000	140 ft
2924 GRAND AVE S MINNEAPOLIS MN 55408	CULTIVATE CAPITAL LLC	TRIPLEX	$695,300	146 ft
2932 GRAND AVE S MINNEAPOLIS MN 55408	CULTIVATE CAPITAL LLC	RESIDENTIAL	$400,500	146 ft
2938 GRAND AVE S MINNEAPOLIS MN 55408	P SONNESYN/S SONNESYN-NAGEL	RESIDENTIAL	$262,900	161 ft

Property History

Current Tax Year

Year2026

Tax Due$5,453