2723 30TH AVE S MINNEAPOLIS MN 55406

PID: 3602924410092

Property Overview

Parcel ID3602924410092

Lot Size6,002 sq ft (0.138 ac)

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

Year Built1900

Property ClassRESIDENTIAL

OwnerJENNIFER A PETERSON

Assessed Value$196,000

Land Value$86,000

Building Value$110,000

Annual Tax$2,628

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 · $6K total declared value · Most recent: Jun 2017 (misc)

MiscJun 2017Closed

$6K

GREAT PLAINS WINDOWS AND DOORS

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 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
2725 30TH AVE S MINNEAPOLIS MN 55406	KAREN V BAKION	RESIDENTIAL	$188,600	48 ft
2717 30TH AVE S MINNEAPOLIS MN 55406	J R OWEN & S R KISSIN	RESIDENTIAL	$263,500	48 ft
2731 30TH AVE S MINNEAPOLIS MN 55406	D L & B V MORIN	RESIDENTIAL	$139,600	96 ft
2709 30TH AVE S MINNEAPOLIS MN 55406	T C HOME RENTAL HOLDINGS LLC	APARTMENT	$611,000	96 ft
2720 31ST AVE S MINNEAPOLIS MN 55406	2746 31ST LLC	INDUSTRIAL-PREFERRED	$426,000	141 ft
2733 30TH AVE S MINNEAPOLIS MN 55406	JAMI LYNN JEROME	RESIDENTIAL	$163,400	144 ft
2716 31ST AVE S MINNEAPOLIS MN 55406	RENZ HOPPE	RESIDENTIAL	$205,100	147 ft
2712 31ST AVE S MINNEAPOLIS MN 55406	REBECCA BRANDT-FONTAINE	RESIDENTIAL	$161,000	170 ft
2703 30TH AVE S MINNEAPOLIS MN 55406	HENNEPIN CO REGIONAL RR AUTH	LAND - INDUSTRIAL	$0	171 ft
2737 30TH AVE S MINNEAPOLIS MN 55406	B L KRAMER & M C ERICKSON	RESIDENTIAL	$201,500	192 ft

Property History

Most Recent Sale

Date201910

Price$211,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,628