2829 30TH AVE S MINNEAPOLIS MN 55406

PID: 3602924440021

Property Overview

Parcel ID3602924440021

Lot Size6,002 sq ft (0.138 ac)

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

Year Built1915

Property Class—

OwnerCITY OF LAKES COMM LAND TRST

Assessed Value$232,600

Land Value$100,000

Building Value$132,600

Annual Tax$2,403

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 2016 · $52K total declared value · Most recent: Jul 2025 (misc)

MiscJul 2025Final Inspection

$16K

Clear Cut Xteriors LLC

MiscAug 2023Closed

$9K

Red Line Contracting

AccessorySep 2018Closed

$12K

J LEWIS BUILDING AND REMODELING LLC

MiscDec 2016Closed

$15K

J LEWIS BUILDING AND REMODELING LLC

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

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2833 30TH AVE S MINNEAPOLIS MN 55406	CITY/LAKES COMMUNITY LAND TR	—	$287,300	48 ft
2825 30TH AVE S MINNEAPOLIS MN 55406	BRENT RUSSELL	RESIDENTIAL-TWO UNIT	$243,000	48 ft
2823 30TH AVE S MINNEAPOLIS MN 55406	E BLOUGH & A D HOLSTE	RESIDENTIAL	$169,000	88 ft
2837 30TH AVE S MINNEAPOLIS MN 55406	JULEY V & RYAN K SPEED	RESIDENTIAL	$339,100	96 ft
2821 30TH AVE S MINNEAPOLIS MN 55406	LISA MCCAY	RESIDENTIAL	$340,500	120 ft
2830 31ST AVE S MINNEAPOLIS MN 55406	LUIS A CARPIO/INES M CARPIO	APARTMENT	$511,000	140 ft
2841 30TH AVE S MINNEAPOLIS MN 55406	KURT E FROEHLICH	RESIDENTIAL	$393,400	144 ft
2832 31ST AVE S MINNEAPOLIS MN 55406	CW HOLDINGS LLC	APARTMENT	$511,000	148 ft
2824 31ST AVE S MINNEAPOLIS MN 55406	HASSAN PROPERTY GROUP LLC	APARTMENT	$428,000	149 ft
2819 30TH AVE S MINNEAPOLIS MN 55406	DANIEL DIAMOND/ANNA LETHERT	RESIDENTIAL	$258,000	152 ft

Property History

Most Recent Sale

Date201604

Price$35,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,403