2725 30TH AVE S MINNEAPOLIS MN 55406

PID: 3602924410091

Property Overview

Parcel ID3602924410091

Lot Size6,002 sq ft (0.138 ac)

Lot Dimensions (est.)125 ft wide × 48 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerKAREN V BAKION

Assessed Value$188,600

Land Value$86,000

Building Value$102,600

Annual Tax$2,504

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

No permits found in Minneapolis open data for this parcel.

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 depth85 ft

Area~3,230 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 3,230 sqft buildable area.

Est. units

Yield on cost

4.1%

Spread

-1.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2731 30TH AVE S MINNEAPOLIS MN 55406	D L & B V MORIN	RESIDENTIAL	$139,600	48 ft
2723 30TH AVE S MINNEAPOLIS MN 55406	JENNIFER A PETERSON	RESIDENTIAL	$196,000	48 ft
2733 30TH AVE S MINNEAPOLIS MN 55406	JAMI LYNN JEROME	RESIDENTIAL	$163,400	96 ft
2717 30TH AVE S MINNEAPOLIS MN 55406	J R OWEN & S R KISSIN	RESIDENTIAL	$263,500	96 ft
2720 31ST AVE S MINNEAPOLIS MN 55406	2746 31ST LLC	INDUSTRIAL-PREFERRED	$426,000	142 ft
2737 30TH AVE S MINNEAPOLIS MN 55406	B L KRAMER & M C ERICKSON	RESIDENTIAL	$201,500	144 ft
2709 30TH AVE S MINNEAPOLIS MN 55406	T C HOME RENTAL HOLDINGS LLC	APARTMENT	$611,000	144 ft
2716 31ST AVE S MINNEAPOLIS MN 55406	RENZ HOPPE	RESIDENTIAL	$205,100	170 ft
2741 30TH AVE S MINNEAPOLIS MN 55406	2746 31ST LLC	LAND - INDUSTRIAL	$54,000	192 ft
2746 31ST AVE S MINNEAPOLIS MN 55406	2746 31ST LLC	INDUSTRIAL-PREFERRED	$2,030,000	199 ft

Property History

Most Recent Sale

Date201112

Price$100

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$2,504