2729 29TH AVE S MINNEAPOLIS MN 55406

PID: 3602924410077

Property Overview

Parcel ID3602924410077

Lot Size7,538 sq ft (0.173 ac)

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

Year Built1917

Property ClassRESIDENTIAL-TWO UNIT

OwnerJ PINKERTON & J B RICE

Assessed Value$355,400

Land Value$55,600

Building Value$122,100

Annual Tax$3,009

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

4 permits on record since 2017 · $12K total declared value · Most recent: Dec 2025 (res)

ResDec 2025Closed

CenterPoint Energy Resource Corp

ResDec 2025Closed

CenterPoint Energy Resource Corp

MiscOct 2023Closed

$12K

RE NEW CONSTRUCTION LLC

ExistresJul 2017Closed

Standard Heating and Air Conditioning 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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width38 ft

Buildable depth117 ft

Area~4,446 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 4,446 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
2733 29TH AVE S MINNEAPOLIS MN 55406	JULIE BLAIR RICE	RESIDENTIAL	$118,300	36 ft
2725 29TH AVE S MINNEAPOLIS MN 55406	JEFFREY M BOROWIAK	RESIDENTIAL	$179,400	48 ft
2735 29TH AVE S MINNEAPOLIS MN 55406	DEAN A & DEBORAH A WEST	RESIDENTIAL	$134,400	64 ft
2739 29TH AVE S MINNEAPOLIS MN 55406	J M JOHNSON E K JOHNSON	RESIDENTIAL	$204,800	100 ft
2743 29TH AVE S MINNEAPOLIS MN 55406	ELI BROWN	RESIDENTIAL-TWO UNIT	$294,700	144 ft
2728 30TH AVE S MINNEAPOLIS MN 55406	M SANCHEZ & L C SANCHEZ	RESIDENTIAL	$257,300	173 ft
2730 30TH AVE S MINNEAPOLIS MN 55406	JYOTHI POTHAPRAGADA	RESIDENTIAL	$225,400	175 ft
2726 30TH AVE S MINNEAPOLIS MN 55406	DENZER HOLDINGS LLC	LAND - INDUSTRIAL	$49,500	180 ft
2732 30TH AVE S MINNEAPOLIS MN 55406	ERIN K CAVELL	RESIDENTIAL	$184,500	183 ft
2720 30TH AVE S MINNEAPOLIS MN 55406	DENZER HOLDINGS LLC	INDUSTRIAL-PREFERRED	$2,698,000	190 ft

Property History

Most Recent Sale

Date198905

Price$71,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$3,009