3531 25TH AVE S MINNEAPOLIS MN 55406

PID: 0102824420125

Property Overview

Parcel ID0102824420125

Lot Size5,090 sq ft (0.117 ac)

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

Year Built1926

Property ClassRESIDENTIAL

OwnerN R FLOLID & K KUMOREK

Assessed Value$296,200

Land Value$105,000

Building Value$191,200

Annual Tax$4,570

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

4 permits on record since 2018 · Most recent: Feb 2023 (res)

ResFeb 2023Closed

CenterPoint Energy Resource Corp

ExistresJun 2020Closed

Andrew Dehn

ExistresMay 2019Closed

Standard Heating and Air Conditioning Inc

ResSep 2018Closed

Urban Pine Plumbing and Mechanical 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~2,617 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 2,617 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
3535 25TH AVE S MINNEAPOLIS MN 55406	LINDA MELAINE WALDORF	RESIDENTIAL	$324,200	40 ft
3527 25TH AVE S MINNEAPOLIS MN 55406	RODNEY KUHLMAN	RESIDENTIAL	$326,400	40 ft
3539 25TH AVE S MINNEAPOLIS MN 55406	KATHRYN J NADEN	RESIDENTIAL	$271,600	80 ft
3523 25TH AVE S MINNEAPOLIS MN 55406	RENOVATION CONCEPTSLLC	RESIDENTIAL	$313,400	80 ft
3543 25TH AVE S MINNEAPOLIS MN 55406	P S EARTHMAN & D J EARTHMAN	RESIDENTIAL	$363,000	120 ft
3519 25TH AVE S MINNEAPOLIS MN 55406	CLAIRE P HOUSTON & J HOUSTON	RESIDENTIAL	$329,400	120 ft
3532 26TH AVE S MINNEAPOLIS MN 55406	JEFFREY M BENDER ET AL	RESIDENTIAL	$388,900	141 ft
3528 26TH AVE S MINNEAPOLIS MN 55406	REBECCA ZOSIA DERNBACH	RESIDENTIAL	$225,300	146 ft
3534 26TH AVE S MINNEAPOLIS MN 55406	Z R KARLSSON & H FISHER	RESIDENTIAL	$282,800	146 ft
3547 25TH AVE S MINNEAPOLIS MN 55406	M JYS GARBERICH/A M GRIFFITH	RESIDENTIAL	$333,200	160 ft

Property History

Most Recent Sale

Date202105

Price$275,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,570