2829 25TH ST E MINNEAPOLIS MN 55406

PID: 3602924140083

Property Overview

Parcel ID3602924140083

Lot Size3,416 sq ft (0.078 ac)

Lot Dimensions (est.)36 ft wide × 94 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerJEFFREY A GRAY

Assessed Value$292,800

Land Value$106,000

Building Value$186,800

Annual Tax$4,249

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2019 · $6K total declared value · Most recent: Nov 2020 (res)

ResNov 2020Closed

SODERLIN PLUMBING HEATING AND AIR

MiscJul 2020Closed

$6K

WINDOW WORLD

ResMar 2019Closed

Linn Star Transfer 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 depth54 ft

Area~1,265 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 1,265 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
2819 25TH ST E MINNEAPOLIS MN 55406	GINA MUSTO	RESIDENTIAL	$237,000	33 ft
2815 25TH ST E MINNEAPOLIS MN 55406	DAVID WALKER-LECIC ET AL	RESIDENTIAL	$311,000	79 ft
2510 29TH AVE S MINNEAPOLIS MN 55406	BRITA M HANSEN/ERIC J HAZEN	RESIDENTIAL	$415,000	95 ft
2901 25TH ST E MINNEAPOLIS MN 55406	A ROBINSON & J ROBINSON	RESIDENTIAL	$229,100	114 ft
2813 25TH ST E MINNEAPOLIS MN 55406	REUBEN MUHS/MORGAN NEAVEILL	RESIDENTIAL	$173,000	124 ft
2512 29TH AVE S MINNEAPOLIS MN 55406	T PEDEN & J B PEDEN	RESIDENTIAL	$379,200	135 ft
2905 25TH ST E MINNEAPOLIS MN 55406	ROBERT C GRATZ	RESIDENTIAL-TWO UNIT	$119,900	146 ft
2907 25TH ST E MINNEAPOLIS MN 55406	JAY DELCARMEN	RESIDENTIAL	$246,600	177 ft
2518 29TH AVE S MINNEAPOLIS MN 55406	C ELATE & J C ELATE JOSS	RESIDENTIAL	$332,200	179 ft
2509 29TH AVE S MINNEAPOLIS MN 55406	E & M RIESE	RESIDENTIAL-TWO UNIT	$327,400	189 ft

Property History

Most Recent Sale

Date200406

Price$277,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,249