2801 29TH AVE S MINNEAPOLIS MN 55406

PID: 3602924440055

Property Overview

Parcel ID3602924440055

Lot Size7,630 sq ft (0.175 ac)

Lot Dimensions (est.)157 ft wide × 49 ft deep

Year Built1906

Property ClassRESIDENTIAL

OwnerEMILY SHAKKED/TOSHI HIGASHI

Assessed Value$269,500

Land Value$104,000

Building Value$165,500

Annual Tax$3,859

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

6 permits on record since 2018 · $23K total declared value · Most recent: Oct 2023 (misc)

MiscOct 2023Closed

$14K

ARDMOR CONSTRUCTION

MiscJan 2022Closed

$9K

ST PAUL SIDING INC

ExistresJul 2021Closed

TWIN CITY HEATING AND AIR

ResJan 2021Closed

CHAMPION PLUMBING LLC

ResMay 2020Closed

Warners Stellian Co Inc

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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width144 ft

Buildable depth9 ft

Area~4,165 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 4,165 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
2805 29TH AVE S MINNEAPOLIS MN 55406	ALICE K DELANEY	RESIDENTIAL	$325,300	48 ft
2809 29TH AVE S MINNEAPOLIS MN 55406	H M OTTERNESS & M CHOPRA	RESIDENTIAL	$243,900	96 ft
2745 29TH AVE S MINNEAPOLIS MN 55406	ALEXANDER WILSON	RESIDENTIAL-TWO UNIT	$277,900	128 ft
2813 29TH AVE S MINNEAPOLIS MN 55406	A V METCALFE & J CLAUSEN	RESIDENTIAL	$276,900	144 ft
2804 30TH AVE S MINNEAPOLIS MN 55406	DOROTHY E KADLEC	RESIDENTIAL	$389,200	175 ft
2743 29TH AVE S MINNEAPOLIS MN 55406	ELI BROWN	RESIDENTIAL-TWO UNIT	$294,700	177 ft
2817 29TH AVE S MINNEAPOLIS MN 55406	ANDREW POLK & MARY BETH POLK	RESIDENTIAL	$304,200	192 ft
2808 30TH AVE S MINNEAPOLIS MN 55406	30TH AVE LLC	APARTMENT	$687,000	197 ft
2744 30TH AVE S MINNEAPOLIS MN 55406	L ALEXANDRE & R MESTAD	RESIDENTIAL	$216,000	217 ft
2739 29TH AVE S MINNEAPOLIS MN 55406	J M JOHNSON E K JOHNSON	RESIDENTIAL	$204,800	220 ft

Property History

Most Recent Sale

Date202108

Price$275,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,859