3401 26TH AVE S MINNEAPOLIS MN 55406

PID: 0102824420178

Property Overview

Parcel ID0102824420178

Lot Size8,980 sq ft (0.206 ac)

Lot Dimensions (est.)137 ft wide × 66 ft deep

Year Built1994

Property ClassRESIDENTIAL

OwnerRICARDO INAMAGUA

Assessed Value$401,400

Land Value$89,000

Building Value$312,400

Annual Tax$7,493

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

1 permit on record since 2024 · $15K total declared value · Most recent: Oct 2024 (misc)

MiscOct 2024Closed

$15K

INTELLIGENT DESIGN CORP

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 width68 ft

Buildable depth75 ft

Area~4,945 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 4,945 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3405 26TH AVE S MINNEAPOLIS MN 55406	TILAHUN GELETA/DIRIBE TERESA	RESIDENTIAL	$409,300	69 ft
3409 26TH AVE S MINNEAPOLIS MN 55406	DANIEL RICHARD JUDE	RESIDENTIAL	$476,500	133 ft
3404 26TH AVE S MINNEAPOLIS MN 55406	D A GREENWOOD/A E GREENWOOD	RESIDENTIAL	$329,000	186 ft
3413 26TH AVE S MINNEAPOLIS MN 55406	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	198 ft
3406 26TH AVE S MINNEAPOLIS MN 55406	C BURRIS & J A BURRIS	RESIDENTIAL	$334,400	203 ft
3410 26TH AVE S MINNEAPOLIS MN 55406	NATHANIEL SHORTS ET AL	RESIDENTIAL	$353,000	223 ft
3414 26TH AVE S MINNEAPOLIS MN 55406	KARISSA MEIERS	RESIDENTIAL	$282,500	248 ft
3417 26TH AVE S MINNEAPOLIS MN 55406	ERICKA TRINH	RESIDENTIAL	$454,000	257 ft
3418 26TH AVE S MINNEAPOLIS MN 55406	A G R ENCALADA & S J ROBLES	RESIDENTIAL	$205,900	277 ft
2530 34TH ST E MINNEAPOLIS MN 55406	LAURA RIETVELD	CONDOMINIUM	$205,000	286 ft

Property History

Most Recent Sale

Date202603

Price$206,750

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$7,493