2840 29TH AVE S MINNEAPOLIS MN 55406

PID: 3602924440066

Property Overview

Parcel ID3602924440066

Lot Size3,217 sq ft (0.074 ac)

Lot Dimensions (est.)67 ft wide × 48 ft deep

Year Built1903

Property ClassRESIDENTIAL

OwnerJOHN D HUEBNER

Assessed Value$168,000

Land Value$72,000

Building Value$96,000

Annual Tax$2,160

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

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 depth27 ft

Area~1,025 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 sfr / adu benchmarks for 1,025 sqft buildable area.

Est. units

Yield on cost

3.2%

Spread

-2.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2844 29TH AVE S MINNEAPOLIS MN 55406	A J GILLIES & S E GILLIES	RESIDENTIAL	$193,400	48 ft
2822 29TH ST E MINNEAPOLIS MN 55406	ARIELLE ELLIOTT	RESIDENTIAL	$208,700	59 ft
2836 29TH AVE S MINNEAPOLIS MN 55406	L COLEBECK & P CRYAN	RESIDENTIAL	$393,400	66 ft
2816 29TH ST E MINNEAPOLIS MN 55406	L J LAFAVE & S J LAFAVE	RESIDENTIAL	$266,700	101 ft
2832 29TH AVE S MINNEAPOLIS MN 55406	SUMANTH GOPINATH	RESIDENTIAL	$315,300	106 ft
2828 29TH AVE S MINNEAPOLIS MN 55406	AMANDA MAYER & JASON ERMER	RESIDENTIAL	$299,600	150 ft
2808 29TH ST E MINNEAPOLIS MN 55406	N PETERSON/KINZI R PETERSON	RESIDENTIAL	$326,100	181 ft
2841 29TH AVE S MINNEAPOLIS MN 55406	M S BYERLY & W R LESLIE	RESIDENTIAL	$288,300	192 ft
2900 29TH AVE S MINNEAPOLIS MN 55406	APOSTOLIC FAITH MISS	COMMERCIAL-PREFERRED	$0	194 ft
2845 29TH AVE S MINNEAPOLIS MN 55406	M MCNELLIS/M WELSH-PHILLIPS	RESIDENTIAL	$387,900	197 ft

Property History

Most Recent Sale

Date200012

Price$90,270

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,160