2811 28TH AVE S MINNEAPOLIS MN 55406

PID: 3602924440080

Property Overview

Parcel ID3602924440080

Lot Size7,538 sq ft (0.173 ac)

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

Year Built1900

Property ClassRESIDENTIAL

OwnerJ K JONES P M M JONES

Assessed Value$271,000

Land Value$95,000

Building Value$176,000

Annual Tax$3,884

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 ↗

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

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 2020 · $19K total declared value · Most recent: Jun 2020 (misc)

MiscJun 2020Closed

$19K

RENEWAL BY ANDERSEN CORP

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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width38 ft

Buildable depth117 ft

Area~4,446 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 3-story wood frame (5–12 units) benchmarks for 4,446 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
2813 28TH AVE S MINNEAPOLIS MN 55406	P N BESKAL & E WATTS	RESIDENTIAL	$318,200	48 ft
2805 28TH AVE S MINNEAPOLIS MN 55406	H SCHUDA & J BRANSKY	RESIDENTIAL-TWO UNIT	$298,700	48 ft
2817 28TH AVE S MINNEAPOLIS MN 55406	VIOLET J REYES	RESIDENTIAL	$310,100	96 ft
2801 28TH AVE S MINNEAPOLIS MN 55406	NATHAN KELM	RESIDENTIAL-TWO UNIT	$283,700	99 ft
2811 28TH ST E MINNEAPOLIS MN 55406	FERNANDO DE LUNA ETAL	RESIDENTIAL	$201,700	110 ft
2821 28TH AVE S MINNEAPOLIS MN 55406	E CHANG & S B LOUREY	RESIDENTIAL	$292,400	144 ft
2810 29TH AVE S MINNEAPOLIS MN 55406	JESSE PURVEY	RESIDENTIAL-TWO UNIT	$356,200	173 ft
2812 29TH AVE S MINNEAPOLIS MN 55406	301 17TH HOLDING LLC	RESIDENTIAL-TWO UNIT	$353,500	179 ft
2804 29TH AVE S MINNEAPOLIS MN 55406	A C W ANDERSON/S B ANDERSON	RESIDENTIAL	$292,800	180 ft
2825 28TH AVE S MINNEAPOLIS MN 55406	SARAH BIGELOW/MARY FERGUSON	RESIDENTIAL	$327,100	192 ft

Property History

Most Recent Sale

Date200012

Price$50,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,884