2825 29TH AVE S MINNEAPOLIS MN 55406

PID: 3602924440049

Property Overview

Parcel ID3602924440049

Lot Size7,538 sq ft (0.173 ac)

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

Year Built1903

Property ClassRESIDENTIAL-TWO UNIT

OwnerSEAN R & LORI C CYRUS-SATTER

Assessed Value$332,800

Land Value$109,000

Building Value$223,800

Annual Tax$4,919

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

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
2829 29TH AVE S MINNEAPOLIS MN 55406	RYAN CHARLES NORTH	RESIDENTIAL-TWO UNIT	$314,300	48 ft
2821 29TH AVE S MINNEAPOLIS MN 55406	SUSAN M CRANDELL	RESIDENTIAL	$254,900	48 ft
2833 29TH AVE S MINNEAPOLIS MN 55406	B HUBBARD/Q BRAMBLE ET AL	RESIDENTIAL	$295,200	96 ft
2817 29TH AVE S MINNEAPOLIS MN 55406	ANDREW POLK & MARY BETH POLK	RESIDENTIAL	$304,200	96 ft
2837 29TH AVE S MINNEAPOLIS MN 55406	SUSAN M HAAS	RESIDENTIAL	$223,400	144 ft
2813 29TH AVE S MINNEAPOLIS MN 55406	A V METCALFE & J CLAUSEN	RESIDENTIAL	$276,900	144 ft
2824 30TH AVE S MINNEAPOLIS MN 55406	THOMAS J BUDEWITZ	RESIDENTIAL	$222,700	173 ft
2828 30TH AVE S MINNEAPOLIS MN 55406	THEODORE W GEROLD	RESIDENTIAL	$317,000	179 ft
2820 30TH AVE S MINNEAPOLIS MN 55406	GENE E TRUE	RESIDENTIAL	$267,700	180 ft
2841 29TH AVE S MINNEAPOLIS MN 55406	M S BYERLY & W R LESLIE	RESIDENTIAL	$288,300	192 ft

Property History

Most Recent Sale

Date200108

Price$169,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,919