3024 25TH ST E MINNEAPOLIS MN 55406

PID: 3602924140011

Property Overview

Parcel ID3602924140011

Lot Size3,376 sq ft (0.077 ac)

Lot Dimensions (est.)36 ft wide × 93 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerP K O'BRIEN & S S BEAUMONT

Assessed Value$351,400

Land Value$115,000

Building Value$236,400

Annual Tax$5,231

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2017 · $27K total declared value · Most recent: Jun 2023 (misc)

MiscJun 2023Closed

$10K

PERFECT EXTERIORS OF MINNESOTA INC

MiscMay 2022Closed

$12K

ASSOCIATED EXTERIORS INC

MiscApr 2022Closed

$2K

PELLA NORTHLAND

ExistresApr 2020Closed

Standard Heating and Air Conditioning Inc

MiscOct 2018Closed

$3K

STANDARD WATER CONTROL SYSTEMS INC

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

Neighborhood Profile

Seward · Minneapolis

Median reported rent1,337/mo

Renter-occupied28.1%

Median home value$329K

Vacancy rate4.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1075

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

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 width23 ft

Buildable depth53 ft

Area~1,241 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 1,241 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3020 25TH ST E MINNEAPOLIS MN 55406	SIMPLE LIVING LLC	RESIDENTIAL-TWO UNIT	$234,500	33 ft
3018 25TH ST E MINNEAPOLIS MN 55406	G A GAGNER & M A BARDY	RESIDENTIAL	$186,000	62 ft
2436 31ST AVE S MINNEAPOLIS MN 55406	ERIN E FENLON	RESIDENTIAL	$284,400	84 ft
3012 25TH ST E MINNEAPOLIS MN 55406	M D DANYAL & S G SANYAL	RESIDENTIAL	$208,800	93 ft
2449 31ST AVE S MINNEAPOLIS MN 55406	ERIC LOVAAS	RESIDENTIAL	$379,500	119 ft
2432 31ST AVE S MINNEAPOLIS MN 55406	HALEY BURNS/NATHAN WHITTLE	RESIDENTIAL-TWO UNIT	$424,000	127 ft
3008 25TH ST E MINNEAPOLIS MN 55406	MICHAEL G HAWKINS	RESIDENTIAL-TWO UNIT	$412,100	152 ft
3104 25TH ST E MINNEAPOLIS MN 55406	ALICIA C VEGELL ET AL	RESIDENTIAL	$283,100	159 ft
2428 31ST AVE S MINNEAPOLIS MN 55406	JAMIE HOORNAERT	RESIDENTIAL	$384,000	173 ft
3023 25TH ST E MINNEAPOLIS MN 55406	B P YENTZER & C YENTZER	RESIDENTIAL	$255,200	176 ft

Property History

Most Recent Sale

Date201310

Price$209,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,231