3001 29TH ST E MINNEAPOLIS MN 55406

PID: 3602924440158

Property Overview

Parcel ID3602924440158

Lot Size3,171 sq ft (0.073 ac)

Lot Dimensions (est.)65 ft wide × 49 ft deep

Year Built1900

Property ClassRESIDENTIAL-TWO UNIT

OwnerTRAVERS CHANDLER FAMILY TR

Assessed Value$192,100

Land Value$71,000

Building Value$121,100

Annual Tax$3,648

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

1 permit on record since 2024 · Most recent: Mar 2024 (res)

ResMar 2024Expired

MN Plumbing & Home Services 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 width52 ft

Buildable depth9 ft

Area~459 sqft

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

Development Feasibility

Marginal

Back-of-envelope estimate based on sfr / adu benchmarks for 459 sqft buildable area.

Est. units

Yield on cost

5.6%

Spread

+0.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2905 30TH AVE S MINNEAPOLIS MN 55406	DARYL J BRENNAN	RESIDENTIAL	$194,000	72 ft
3007 29TH ST E MINNEAPOLIS MN 55406	MARIO VICENTE LLANGARI	RESIDENTIAL	$255,100	80 ft
3009 29TH ST E MINNEAPOLIS MN 55406	JOSHUA MARK HUMPHREY	RESIDENTIAL	$225,500	82 ft
3015 29TH ST E MINNEAPOLIS MN 55406	THOMAS J SEMANCHIN	RESIDENTIAL	$211,600	123 ft
2845 30TH AVE S MINNEAPOLIS MN 55406	J L M JACOBSON & I WELANDER	RESIDENTIAL	$321,500	133 ft
2915 30TH AVE S MINNEAPOLIS MN 55406	REBECCA A KROENING	RESIDENTIAL	$254,700	147 ft
2841 30TH AVE S MINNEAPOLIS MN 55406	KURT E FROEHLICH	RESIDENTIAL	$393,400	179 ft
3021 29TH ST E MINNEAPOLIS MN 55406	ANDREA RAMIREZ	RESIDENTIAL	$250,200	185 ft
2900 30TH AVE S MINNEAPOLIS MN 55406	BOLO GROUP LLC	RESIDENTIAL	$283,900	191 ft
2904 31ST AVE S MINNEAPOLIS MN 55406	BROCK K RASMUSSEN	RESIDENTIAL	$256,800	191 ft

Property History

Most Recent Sale

Date201701

Price$197,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,648