3313 25TH AVE S MINNEAPOLIS MN 55406

PID: 0102824130046

Property Overview

Parcel ID0102824130046

Lot Size4,811 sq ft (0.110 ac)

Lot Dimensions (est.)110 ft wide × 44 ft deep

Year Built1900

Property ClassRESIDENTIAL-TWO UNIT

OwnerROBERT JOHN REICHGELD II

Assessed Value$340,500

Land Value$86,000

Building Value$254,500

Annual Tax$5,048

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Development Opportunities

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 ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Corcoran · Minneapolis

Median reported rent1,426/mo

Renter-occupied41.7%

Median home value$261K

Vacancy rate3.7%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1087

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 width34 ft

Buildable depth69 ft

Area~2,363 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 2,363 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3311 25TH AVE S MINNEAPOLIS MN 55406	MARK NELSON	RESIDENTIAL	$328,000	42 ft
3317 25TH AVE S MINNEAPOLIS MN 55406	JLMPW HOLDINGS LLC	RESIDENTIAL-TWO UNIT	$381,700	42 ft
3321 25TH AVE S MINNEAPOLIS MN 55406	CITY/LAKES COMMUNITY LAND TR	—	$328,000	82 ft
3305 25TH AVE S MINNEAPOLIS MN 55406	MARK J HYING ET AL	RESIDENTIAL	$198,000	89 ft
2512 34TH ST E MINNEAPOLIS MN 55406	HIAWATHA COURT CONDO ASSN	VACANT LAND-RESIDENTIAL	$11,500	112 ft
3323 25TH AVE S MINNEAPOLIS MN 55406	TIMOTHY GODSILL	RESIDENTIAL-TWO UNIT	$352,800	122 ft
3301 25TH AVE S MINNEAPOLIS MN 55406	JUDY ANN BROWN	RESIDENTIAL	$380,000	143 ft
3327 25TH AVE S MINNEAPOLIS MN 55406	BRANDON V CULBERSON	RESIDENTIAL	$361,900	167 ft
3314 25TH AVE S MINNEAPOLIS MN 55406	JOE G ZEBRO	RESIDENTIAL-TWO UNIT	$370,900	179 ft
3312 25TH AVE S MINNEAPOLIS MN 55406	ALEX D SMITH	RESIDENTIAL	$265,400	179 ft

Property History

Most Recent Sale

Date202205

Price$260,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$5,048