3547 27TH AVE S MINNEAPOLIS MN 55406

PID: 0102824420166

Property Overview

Parcel ID0102824420166

Lot Size5,030 sq ft (0.115 ac)

Lot Dimensions (est.)126 ft wide × 40 ft deep

Year Built1906

Property ClassRESIDENTIAL

OwnerMOLLY STREET

Assessed Value$168,000

Land Value$102,000

Building Value$66,000

Annual Tax$2,378

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

2 permits on record since 2017 · $5K total declared value · Most recent: Mar 2022 (remodel)

RemodelMar 2022Closed

$2K

ALL ENERGY SOLAR INC

AdditionMay 2017Closed

$3K

DU ALL SERVICE CONTRACTORS 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 depth86 ft

Area~2,572 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 2,572 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3553 27TH AVE S MINNEAPOLIS MN 55406	GRACE FLINSCH	RESIDENTIAL	$224,400	40 ft
3543 27TH AVE S MINNEAPOLIS MN 55406	JESSE J STRONG	RESIDENTIAL	$473,600	40 ft
3555 27TH AVE S MINNEAPOLIS MN 55406	K E NEW & S R SUMMERVILLE	RESIDENTIAL	$661,300	80 ft
3539 27TH AVE S MINNEAPOLIS MN 55406	JESSE STRONG	RESIDENTIAL	$175,100	80 ft
3537 27TH AVE S MINNEAPOLIS MN 55406	ANNIE HOANG NGUYEN	RESIDENTIAL	$230,600	123 ft
2726 36TH ST E MINNEAPOLIS MN 55406	HENRY G OCAMPO	TOWNHOUSE	$369,200	132 ft
2724 36TH ST E MINNEAPOLIS MN 55406	JOHN G FRYKMAN	TOWNHOUSE	$359,500	136 ft
2728 36TH ST E MINNEAPOLIS MN 55406	S AVELAR & D M HILL	TOWNHOUSE	$365,900	137 ft
2722 36TH ST E MINNEAPOLIS MN 55406	JOSEPH C KOPIETZ	TOWNHOUSE	$339,200	149 ft
2730 36TH ST E MINNEAPOLIS MN 55406	MARTIN PROUD & K E HOLMES	TOWNHOUSE	$397,000	153 ft

Property History

Most Recent Sale

Date202012

Price$154,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,378