3400 25TH AVE S MINNEAPOLIS MN 55406

PID: 0102824420045

Property Overview

Parcel ID0102824420045

Lot Size3,643 sq ft (0.084 ac)

Lot Dimensions (est.)122 ft wide × 30 ft deep

Year Built1918

Property ClassRESIDENTIAL

OwnerROBIN ESTHER WATTERWORTH

Assessed Value$260,100

Land Value$87,000

Building Value$173,100

Annual Tax$3,875

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

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

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 width109 ft

Buildable depth0 ft

Area~1,382 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 1,382 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3402 25TH AVE S MINNEAPOLIS MN 55406	D KLASSEN/A KLASSEN-GLANZER	RESIDENTIAL	$267,200	35 ft
3406 25TH AVE S MINNEAPOLIS MN 55406	MATTHEW A JOHNSON	RESIDENTIAL	$169,000	75 ft
3410 25TH AVE S MINNEAPOLIS MN 55406	CARISSA COUDRAY	RESIDENTIAL	$325,700	115 ft
3338 25TH AVE S MINNEAPOLIS MN 55406	A T SPLINTER & J L NAJERA	RESIDENTIAL	$372,300	121 ft
3401 24TH AVE S MINNEAPOLIS MN 55406	H NGUYEN & B HUYNH	RESIDENTIAL	$242,000	136 ft
3403 24TH AVE S MINNEAPOLIS MN 55406	KACIE PERRIZO/ANDREW PERRIZO	RESIDENTIAL	$292,600	140 ft
3414 25TH AVE S MINNEAPOLIS MN 55406	J P FLEMING & M H FLEMING	RESIDENTIAL	$351,400	155 ft
3407 24TH AVE S MINNEAPOLIS MN 55406	A J PAGEL & L C WILHELM	RESIDENTIAL	$300,600	155 ft
3334 25TH AVE S MINNEAPOLIS MN 55406	MIRIAM MCNAMARA	RESIDENTIAL	$342,500	170 ft
3339 24TH AVE S MINNEAPOLIS MN 55406	GOLDEN POINT ESTATE LLC	RESIDENTIAL-TWO UNIT	$305,000	175 ft

Property History

Most Recent Sale

Date202003

Price$211,000

TypePROBATE DEED

Current Tax Year

Year2026

Tax Due$3,875