3520 25TH AVE S MINNEAPOLIS MN 55406

PID: 0102824420080

Property Overview

Parcel ID0102824420080

Lot Size4,891 sq ft (0.112 ac)

Lot Dimensions (est.)122 ft wide × 40 ft deep

Year Built1910

Property ClassRESIDENTIAL

OwnerMAYA LUETKE

Assessed Value$186,500

Land Value$103,000

Building Value$83,500

Annual Tax$2,469

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

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

5 permits on record since 2021 · $21K total declared value · Most recent: May 2025 (misc)

MiscMay 2025Final Inspection

$15K

KAUFMAN SHEET METAL ROOFING INC

MiscAug 2023Closed

$6K

RIVERVIEW WINDOW INC

ExistresApr 2023Closed

Element Insulation LLC

ResApr 2023Expired

Peterson Plumbing LLC

ExistresOct 2021Closed

BOEHM HEATING

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

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 width30 ft

Buildable depth82 ft

Area~2,468 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 2,468 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3516 25TH AVE S MINNEAPOLIS MN 55406	BILLY D SCOTT	RESIDENTIAL	$300,600	40 ft
3524 25TH AVE S MINNEAPOLIS MN 55406	JORDAN B CATALDO	RESIDENTIAL	$317,100	40 ft
3512 25TH AVE S MINNEAPOLIS MN 55406	S DUFOUR & K SCHWINGHAMER	RESIDENTIAL	$306,800	80 ft
3528 25TH AVE S MINNEAPOLIS MN 55406	1500 HOMES LLC	RESIDENTIAL	$293,500	80 ft
3506 25TH AVE S MINNEAPOLIS MN 55406	JORGE LUIS BLANCO	RESIDENTIAL	$278,000	120 ft
3532 25TH AVE S MINNEAPOLIS MN 55406	J A HACKNER & T J REPPE	RESIDENTIAL	$337,800	120 ft
3519 24TH AVE S MINNEAPOLIS MN 55406	DAVID BRAUN	RESIDENTIAL	$276,000	136 ft
3523 24TH AVE S MINNEAPOLIS MN 55406	REBECCA A COLEMAN	RESIDENTIAL	$233,300	142 ft
3515 24TH AVE S MINNEAPOLIS MN 55406	CHARLES M ROBSHAW	RESIDENTIAL-TWO UNIT	$325,600	142 ft
3527 24TH AVE S MINNEAPOLIS MN 55406	KAMIE HOOVER/NICHOLAS STAHL	RESIDENTIAL	$286,900	158 ft

Property History

Most Recent Sale

Date202108

Price$150,000

TypePROBATE DEED

Current Tax Year

Year2026

Tax Due$2,469