2901 24TH ST E MINNEAPOLIS MN 55406

PID: 3602924140062

Property Overview

Parcel ID3602924140062

Lot Size7,571 sq ft (0.174 ac)

Lot Dimensions (est.)157 ft wide × 48 ft deep

Year Built1974

Property ClassRESIDENTIAL

OwnerRICHARD H WESTBY ETAL

Assessed Value$336,000

Land Value$165,000

Building Value$171,000

Annual Tax$4,973

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2018 · $18K total declared value · Most recent: Sep 2022 (misc)

MiscSep 2022Closed

$10K

True North Roofing LLC

MiscDec 2021Closed

$6K

RENEWAL BY ANDERSEN CORP

ResDec 2019Closed

Erik Nelson Plumbing LLC

AdditionAug 2018Closed

$2K

Richard H Westby

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 width144 ft

Buildable depth8 ft

Area~1,191 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 sfr / adu benchmarks for 1,191 sqft buildable area.

Est. units

Yield on cost

2.3%

Spread

-3.2%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2405 29TH AVE S MINNEAPOLIS MN 55406	CRAIG FALON & MARY DELANDER	RESIDENTIAL	$391,200	48 ft
2409 29TH AVE S MINNEAPOLIS MN 55406	TRUST ENTERPRISES LLC	APARTMENT	$551,000	96 ft
2917 24TH ST E MINNEAPOLIS MN 55406	B M M PAGUYO & J R PAGUYO	RESIDENTIAL	$229,500	116 ft
2413 29TH AVE S MINNEAPOLIS MN 55406	CORNELIUS J DONNELLY	RESIDENTIAL	$308,100	144 ft
2921 24TH ST E MINNEAPOLIS MN 55406	ERIK R MEGOW & JULIE MEGOW	RESIDENTIAL	$290,700	154 ft
2904 24TH ST E MINNEAPOLIS MN 55406	SARAH P PEACOCK	RESIDENTIAL	$366,300	165 ft
2908 24TH ST E MINNEAPOLIS MN 55406	JSW PROPERTIES LLC	RESIDENTIAL	$232,000	169 ft
2900 24TH ST E MINNEAPOLIS MN 55406	C L M WITTE & W P CAVERT	RESIDENTIAL-TWO UNIT	$489,300	173 ft
2912 24TH ST E MINNEAPOLIS MN 55406	S D & C H CLEMENS	RESIDENTIAL	$317,000	181 ft
2408 30TH AVE S MINNEAPOLIS MN 55406	HELEN SCHMIDT	RESIDENTIAL	$228,100	191 ft

Property History

Current Tax Year

Year2026

Tax Due$4,973