2811 28TH ST E MINNEAPOLIS MN 55406

PID: 3602924440083

Property Overview

Parcel ID3602924440083

Lot Size2,566 sq ft (0.059 ac)

Lot Dimensions (est.)53 ft wide × 48 ft deep

Year Built1926

Property ClassRESIDENTIAL

OwnerFERNANDO DE LUNA ETAL

Assessed Value$201,700

Land Value$52,000

Building Value$149,700

Annual Tax$3,122

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

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 width43 ft

Buildable depth8 ft

Area~364 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Potentially Feasible

Back-of-envelope estimate based on sfr / adu benchmarks for 364 sqft buildable area.

Est. units

Yield on cost

7.3%

Spread

+1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2805 28TH AVE S MINNEAPOLIS MN 55406	H SCHUDA & J BRANSKY	RESIDENTIAL-TWO UNIT	$298,700	71 ft
2801 28TH AVE S MINNEAPOLIS MN 55406	NATHAN KELM	RESIDENTIAL-TWO UNIT	$283,700	78 ft
2811 28TH AVE S MINNEAPOLIS MN 55406	J K JONES P M M JONES	RESIDENTIAL	$271,000	110 ft
2819 28TH ST E MINNEAPOLIS MN 55406	SUSAN A GUST/HARVEY M WINJE	RESIDENTIAL	$327,200	121 ft
2804 29TH AVE S MINNEAPOLIS MN 55406	A C W ANDERSON/S B ANDERSON	RESIDENTIAL	$292,800	130 ft
2810 29TH AVE S MINNEAPOLIS MN 55406	JESSE PURVEY	RESIDENTIAL-TWO UNIT	$356,200	154 ft
2813 28TH AVE S MINNEAPOLIS MN 55406	P N BESKAL & E WATTS	RESIDENTIAL	$318,200	154 ft
2812 29TH AVE S MINNEAPOLIS MN 55406	301 17TH HOLDING LLC	RESIDENTIAL-TWO UNIT	$353,500	187 ft
2817 28TH AVE S MINNEAPOLIS MN 55406	VIOLET J REYES	RESIDENTIAL	$310,100	200 ft
2816 29TH AVE S MINNEAPOLIS MN 55406	BEVERLY CLARK ET AL SUBJ/LE	RESIDENTIAL	$329,200	226 ft

Property History

Most Recent Sale

Date200010

Price$30,000

Type—

Current Tax Year

Year2026

Tax Due$3,122