3516 26TH AVE S MINNEAPOLIS MN 55406

PID: 0102824420109

Property Overview

Parcel ID0102824420109

Lot Size5,091 sq ft (0.117 ac)

Lot Dimensions (est.)127 ft wide × 40 ft deep

Year Built1924

Property ClassRESIDENTIAL

OwnerKARL W MARTI & EMILY J MARTI

Assessed Value$317,200

Land Value$105,000

Building Value$212,200

Annual Tax$4,922

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2017 · $46K total declared value · Most recent: Jun 2024 (addition)

AdditionJun 2024Closed

$31K

CASTLE BUILDING & REMODELING INC

MiscMar 2024Closed

$13K

CAPITAL CONSTRUCTION LLC

ResJan 2023Closed

CenterPoint Energy Resource Corp

AdditionMay 2018Closed

$2K

Hage Construction Co

ResJan 2018Closed

Warners Stellian Co Inc

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 depth87 ft

Area~2,618 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 2,618 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3512 26TH AVE S MINNEAPOLIS MN 55406	MARI L JOHNSON	RESIDENTIAL	$291,500	40 ft
3520 26TH AVE S MINNEAPOLIS MN 55406	C & M T GALARZA-SANUDO	RESIDENTIAL	$282,100	40 ft
3508 26TH AVE S MINNEAPOLIS MN 55406	MANUEL MARIA PIZHA PINGUIL	RESIDENTIAL-TWO UNIT	$296,100	80 ft
3524 26TH AVE S MINNEAPOLIS MN 55406	L D SUCCIO & U PARFIENIUK	RESIDENTIAL	$412,200	80 ft
3504 26TH AVE S MINNEAPOLIS MN 55406	BARBARA HIGGINS	RESIDENTIAL	$252,800	120 ft
3528 26TH AVE S MINNEAPOLIS MN 55406	REBECCA ZOSIA DERNBACH	RESIDENTIAL	$225,300	120 ft
3517 25TH AVE S MINNEAPOLIS MN 55406	DANIELLE CATHERINE BRADLEY	RESIDENTIAL	$292,100	141 ft
3511 25TH AVE S MINNEAPOLIS MN 55406	DANIEL JAMES QUEALY	RESIDENTIAL	$359,900	146 ft
3519 25TH AVE S MINNEAPOLIS MN 55406	CLAIRE P HOUSTON & J HOUSTON	RESIDENTIAL	$329,400	147 ft
3500 26TH AVE S MINNEAPOLIS MN 55406	L & L LLC	RESIDENTIAL	$249,900	158 ft

Property History

Most Recent Sale

Date201609

Price$182,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,922