2105 28TH AVE S MINNEAPOLIS MN 55406

PID: 3602924110038

Property Overview

Parcel ID3602924110038

Lot Size6,333 sq ft (0.145 ac)

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

Year Built1903

Property ClassRESIDENTIAL

OwnerBRUCE L BAUERMEISTER

Assessed Value$322,900

Land Value$152,000

Building Value$170,900

Annual Tax$4,753

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

6 permits on record since 2017 · $35K total declared value · Most recent: Aug 2025 (misc)

MiscAug 2025Closed

$13K

Rusco Kitchen Remodelers

MiscMar 2025Closed

$3K

THE HOME DEPOT

MiscMay 2024Closed

$19K

WALKER ROOFING CO

ResNov 2022Closed

Northern's Benjamin Franklin Plumbing

ExistresApr 2017Closed

Northern One Hour Heating & Air Conditioning, Inc

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

Neighborhood Profile

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
2101 28TH AVE S MINNEAPOLIS MN 55406	KATHLEEN A OLSEN	RESIDENTIAL-TWO UNIT	$424,600	40 ft
2109 28TH AVE S MINNEAPOLIS MN 55406	R P AASEN & B J MINNIS	RESIDENTIAL	$352,900	40 ft
2025 28TH AVE S MINNEAPOLIS MN 55406	STEVEN GILBERT MCCAULEY	RESIDENTIAL	$304,000	80 ft
2113 28TH AVE S MINNEAPOLIS MN 55406	MATTHEW CARTIER ET AL	RESIDENTIAL	$288,800	80 ft
2021 28TH AVE S MINNEAPOLIS MN 55406	C R HEXUM & M C BACKER	RESIDENTIAL	$404,300	120 ft
2017 28TH AVE S MINNEAPOLIS MN 55406	S E BENDIK & C CHIANG	RESIDENTIAL	$322,100	160 ft
2806 22ND ST E MINNEAPOLIS MN 55406	V A CARR & K R JONES	RESIDENTIAL	$314,000	160 ft
2810 22ND ST E MINNEAPOLIS MN 55406	K R JONES & V A CARR	RESIDENTIAL-TWO UNIT	$405,400	163 ft
2800 22ND ST E MINNEAPOLIS MN 55406	LYDA PULESTON	APARTMENT	$551,000	169 ft
2812 22ND ST E MINNEAPOLIS MN 55406	JAMES C CHENOWETH ET AL	RESIDENTIAL	$341,500	174 ft

Property History

Current Tax Year

Year2026

Tax Due$4,753