2600 29TH AVE S MINNEAPOLIS MN 55406

PID: 3602924410044

Property Overview

Parcel ID3602924410044

Lot Size7,054 sq ft (0.162 ac)

Lot Dimensions (est.)74 ft wide × 96 ft deep

Year Built1912

Property ClassRESIDENTIAL

OwnerMARY K MAHONEY

Assessed Value$375,000

Land Value$148,000

Building Value$227,000

Annual Tax$5,626

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

1 permit on record since 2023 · $17K total declared value · Most recent: Sep 2023 (misc)

MiscSep 2023Closed

$17K

Viking Contractors LLC

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 width61 ft

Buildable depth56 ft

Area~2,755 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 2,755 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2821 26TH ST E MINNEAPOLIS MN 55406	JENNIFER SHARON BUSH	RESIDENTIAL-TWO UNIT	$249,300	59 ft
2608 29TH AVE S MINNEAPOLIS MN 55406	JOSEPH LOUIS SCHEFFLER	RESIDENTIAL	$207,200	84 ft
2817 26TH ST E MINNEAPOLIS MN 55406	PENGUIN PROPERTIES LLC	RESIDENTIAL-TWO UNIT	$322,800	101 ft
2612 29TH AVE S MINNEAPOLIS MN 55406	DAVID KENYON HUGHES	RESIDENTIAL-TWO UNIT	$282,300	128 ft
2901 26TH ST E MINNEAPOLIS MN 55406	EMERY ALFRED GERVAIS	RESIDENTIAL-TWO UNIT	$298,100	142 ft
2544 29TH AVE S MINNEAPOLIS MN 55406	ARFON FARAH PROPERTIES LLC	RESIDENTIAL	$338,500	157 ft
2616 29TH AVE S MINNEAPOLIS MN 55406	DAVID R JOHNSON	RESIDENTIAL	$291,000	174 ft
2905 26TH ST E MINNEAPOLIS MN 55406	B MARTIN & D MARTIN	RESIDENTIAL	$214,900	191 ft
2542 29TH AVE S MINNEAPOLIS MN 55406	K A KUHN & V A LACKOVIC	RESIDENTIAL	$336,500	204 ft
2609 29TH AVE S MINNEAPOLIS MN 55406	EMERY GERVAIS	LAND - INDUSTRIAL	$45,200	204 ft

Property History

Most Recent Sale

Date200303

Price$221,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,626