2744 30TH AVE S MINNEAPOLIS MN 55406

PID: 3602924410071

Property Overview

Parcel ID3602924410071

Lot Size7,538 sq ft (0.173 ac)

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

Year Built1914

Property ClassRESIDENTIAL

OwnerL ALEXANDRE & R MESTAD

Assessed Value$216,000

Land Value$90,000

Building Value$126,000

Annual Tax$2,963

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Opportunity ZoneHigh

Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.

HUD Opportunity Zones ↗

Potential programs

Environmental Response FundMedium

Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.

Minneapolis — Brownfield Grants ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

1 permit on record since 2017 · $8K total declared value · Most recent: Oct 2017 (misc)

MiscOct 2017Closed

$8K

ASPEN CONTRACTING INC

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

Neighborhood Profile

Longfellow · Minneapolis

Median reported rent1,200/mo

Renter-occupied43.8%

Median home value$252K

Vacancy rate5.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1074

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~4,096 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 4,096 sqft buildable area.

Est. units

Yield on cost

4.2%

Spread

-1.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2740 30TH AVE S MINNEAPOLIS MN 55406	JASON W BOURGEOIS	RESIDENTIAL-TWO UNIT	$294,500	48 ft
2736 30TH AVE S MINNEAPOLIS MN 55406	PAMELA C WINSLOW	RESIDENTIAL	$269,800	92 ft
2732 30TH AVE S MINNEAPOLIS MN 55406	ERIN K CAVELL	RESIDENTIAL	$184,500	132 ft
2804 30TH AVE S MINNEAPOLIS MN 55406	DOROTHY E KADLEC	RESIDENTIAL	$389,200	152 ft
2730 30TH AVE S MINNEAPOLIS MN 55406	JYOTHI POTHAPRAGADA	RESIDENTIAL	$225,400	168 ft
2745 29TH AVE S MINNEAPOLIS MN 55406	ALEXANDER WILSON	RESIDENTIAL-TWO UNIT	$277,900	173 ft
2743 29TH AVE S MINNEAPOLIS MN 55406	ELI BROWN	RESIDENTIAL-TWO UNIT	$294,700	179 ft
2739 29TH AVE S MINNEAPOLIS MN 55406	J M JOHNSON E K JOHNSON	RESIDENTIAL	$204,800	195 ft
2728 30TH AVE S MINNEAPOLIS MN 55406	M SANCHEZ & L C SANCHEZ	RESIDENTIAL	$257,300	200 ft
2735 29TH AVE S MINNEAPOLIS MN 55406	DEAN A & DEBORAH A WEST	RESIDENTIAL	$134,400	214 ft

Property History

Most Recent Sale

Date202505

Price$315,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,963