2828 30TH AVE S MINNEAPOLIS MN 55406

PID: 3602924440039

Property Overview

Parcel ID3602924440039

Lot Size7,539 sq ft (0.173 ac)

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

Year Built1908

Property ClassRESIDENTIAL

OwnerTHEODORE W GEROLD

Assessed Value$317,000

Land Value$109,000

Building Value$208,000

Annual Tax$4,655

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 2023 · $21K total declared value · Most recent: Oct 2023 (misc)

MiscOct 2023Closed

$21K

Mayday Restoration

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~4,447 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 4,447 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2824 30TH AVE S MINNEAPOLIS MN 55406	THOMAS J BUDEWITZ	RESIDENTIAL	$222,700	48 ft
2832 30TH AVE S MINNEAPOLIS MN 55406	GREGORY JON PETERSON	RESIDENTIAL	$323,100	48 ft
2820 30TH AVE S MINNEAPOLIS MN 55406	GENE E TRUE	RESIDENTIAL	$267,700	96 ft
2836 30TH AVE S MINNEAPOLIS MN 55406	COLIN E CARPENTER	RESIDENTIAL	$158,000	96 ft
2816 30TH AVE S MINNEAPOLIS MN 55406	C CAMPBELL-PATTON & J BURKE	RESIDENTIAL	$311,200	144 ft
2840 30TH AVE S MINNEAPOLIS MN 55406	J R CONNORS JR & S L AYERS	RESIDENTIAL	$224,600	144 ft
2829 29TH AVE S MINNEAPOLIS MN 55406	RYAN CHARLES NORTH	RESIDENTIAL-TWO UNIT	$314,300	173 ft
2825 29TH AVE S MINNEAPOLIS MN 55406	SEAN R & LORI C CYRUS-SATTER	RESIDENTIAL-TWO UNIT	$332,800	179 ft
2833 29TH AVE S MINNEAPOLIS MN 55406	B HUBBARD/Q BRAMBLE ET AL	RESIDENTIAL	$295,200	180 ft
2812 30TH AVE S MINNEAPOLIS MN 55406	CASSANDRA MEYER	RESIDENTIAL-TWO UNIT	$431,800	192 ft

Property History

Most Recent Sale

Date199506

Price$75,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,655