2712 29TH ST E MINNEAPOLIS MN 55406

PID: 3602924430015

Property Overview

Parcel ID3602924430015

Lot Size3,025 sq ft (0.069 ac)

Lot Dimensions (est.)63 ft wide × 48 ft deep

Year Built1915

Property ClassRESIDENTIAL

OwnerMEI ZHEN LIN

Assessed Value$214,100

Land Value$65,000

Building Value$149,100

Annual Tax$3,314

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 2021 · $5K total declared value · Most recent: Aug 2021 (misc)

MiscAug 2021Closed

$5K

Midwest Roofing Siding and Windows Inc

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

Neighborhood Profile

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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width53 ft

Buildable depth8 ft

Area~427 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Potentially Feasible

Back-of-envelope estimate based on sfr / adu benchmarks for 427 sqft buildable area.

Est. units

Yield on cost

6.1%

Spread

+0.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2841 27TH AVE S MINNEAPOLIS MN 55406	N & M D R DELUNA	RESIDENTIAL	$283,200	67 ft
2845 27TH AVE S MINNEAPOLIS MN 55406	WINTER WOODS LLC	RESIDENTIAL	$353,000	78 ft
2714 29TH ST E MINNEAPOLIS MN 55406	M W AFRAH & L BOUJNIKH	RESIDENTIAL	$198,000	87 ft
2837 27TH AVE S MINNEAPOLIS MN 55406	DEMIAN NONDORF	RESIDENTIAL	$180,600	106 ft
2901 27TH AVE S MINNEAPOLIS MN 55406	DANIEL A MCLEOD	APARTMENT	$1,366,200	135 ft
2840 28TH AVE S MINNEAPOLIS MN 55406	ALEC I FARRELL	RESIDENTIAL-TWO UNIT	$349,200	136 ft
2833 27TH AVE S MINNEAPOLIS MN 55406	NELVA YOLANDA PAGUAY OJEDA	RESIDENTIAL	$289,000	151 ft
2836 28TH AVE S MINNEAPOLIS MN 55406	NICOLE ANDRE/JOSEPH KALPIERS	RESIDENTIAL	$277,200	157 ft
2846 28TH AVE S MINNEAPOLIS MN 55406	TERRY SWANSON & JOHN DRUCKER	RESIDENTIAL	$208,700	165 ft
2900 28TH AVE S MINNEAPOLIS MN 55406	MINNEHAHA CROSSING LLC	LAND-COMMERCIAL	$143,800	176 ft

Property History

Most Recent Sale

Date201101

Price$32,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,314