2025 29TH AVE S MINNEAPOLIS MN 55406

PID: 3602924110010

Property Overview

Parcel ID3602924110010

Lot Size6,333 sq ft (0.145 ac)

Lot Dimensions (est.)158 ft wide × 40 ft deep

Year Built1909

Property ClassRESIDENTIAL

OwnerJ R MITCHELL & J L MITCHELL

Assessed Value$411,200

Land Value$152,000

Building Value$259,200

Annual Tax$6,232

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 2016 · $5K total declared value · Most recent: Oct 2023 (misc)

MiscOct 2023Cancelled

$5K

CUSTOM CONSTRUCTION SERVICES LLC

ResDec 2016Closed

WOODLAND STOVES & FIREPLACES

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

Neighborhood Profile

Seward · Minneapolis

Median reported rent872/mo

Renter-occupied55.6%

Median home value$330K

Vacancy rate2.2%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1064

Market Snapshot

Zip code 55406

Median sale price$340K+3.0% YoY

Median price / sqft$248/sqft

Median days to close21 days

Active listings39

Source: Redfin Data Center (Invalid Date) · Zip 55406

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 width30 ft

Buildable depth118 ft

Area~3,549 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 3,549 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2021 29TH AVE S MINNEAPOLIS MN 55406	BEN CARLSON/SALLY D CARLSON	RESIDENTIAL	$361,800	40 ft
2101 29TH AVE S MINNEAPOLIS MN 55406	PATRICK T STAIGER	RESIDENTIAL-TWO UNIT	$379,300	40 ft
2017 29TH AVE S MINNEAPOLIS MN 55406	JULIE K HANUS & M C WILLIAMS	RESIDENTIAL	$302,800	80 ft
2105 29TH AVE S MINNEAPOLIS MN 55406	TWENTY NINTH AVENUE LLC	RESIDENTIAL-TWO UNIT	$382,100	80 ft
2015 29TH AVE S MINNEAPOLIS MN 55406	LANDRE SORLIE	RESIDENTIAL	$228,500	120 ft
2109 29TH AVE S MINNEAPOLIS MN 55406	DEBORAH J POWELL-PORRAZZO	RESIDENTIAL	$389,600	120 ft
2113 29TH AVE S MINNEAPOLIS MN 55406	BEACON HOMES MANAGEMENT LLC	APARTMENT	$494,000	160 ft
2024 30TH AVE S MINNEAPOLIS MN 55406	RAMONA J BOLTON	RESIDENTIAL	$357,500	172 ft
2100 30TH AVE S MINNEAPOLIS MN 55406	D HICKS & S SCHONFELD	RESIDENTIAL-TWO UNIT	$441,300	176 ft
2020 30TH AVE S MINNEAPOLIS MN 55406	KATHERINE T LEWIS	RESIDENTIAL	$416,300	177 ft

Property History

Most Recent Sale

Date198403

Price$71,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$6,232