3617 25TH AVE S MINNEAPOLIS MN 55406

PID: 0102824430025

Property Overview

Parcel ID0102824430025

Lot Size5,081 sq ft (0.117 ac)

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

Year Built1933

Property ClassRESIDENTIAL

OwnerWILLIAM B/MARY A SCHADEWALD

Assessed Value$319,400

Land Value$120,000

Building Value$199,400

Annual Tax$4,958

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 2020 · $25K total declared value · Most recent: Nov 2024 (res)

ResNov 2024Closed

Warners Stellian Co Inc

MiscSep 2023Closed

$15K

LIBERTE CONSTRUCTION LLC

ResFeb 2023Closed

CenterPoint Energy Resource Corp

MiscFeb 2020Closed

$10K

PELLA NORTHLAND

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

Neighborhood Profile

Standish · 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~2,610 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 2,610 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
3621 25TH AVE S MINNEAPOLIS MN 55406	KAREN NYHUS	RESIDENTIAL	$282,400	40 ft
3615 25TH AVE S MINNEAPOLIS MN 55406	DONALD J COLEMAN II	RESIDENTIAL	$267,900	40 ft
3625 25TH AVE S MINNEAPOLIS MN 55406	ERIC E HANSEN	RESIDENTIAL	$228,000	80 ft
3609 25TH AVE S MINNEAPOLIS MN 55406	EMERSON SAMPLE	RESIDENTIAL	$264,800	80 ft
3629 25TH AVE S MINNEAPOLIS MN 55406	JOSEPH KANTOR	RESIDENTIAL	$325,600	120 ft
3605 25TH AVE S MINNEAPOLIS MN 55406	E J DAVIDSON & K E DAVIDSON	RESIDENTIAL	$272,700	120 ft
3616 26TH AVE S MINNEAPOLIS MN 55406	RANDY E WALKER	RESIDENTIAL	$420,100	142 ft
3612 26TH AVE S MINNEAPOLIS MN 55406	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	146 ft
3633 25TH AVE S MINNEAPOLIS MN 55406	BRETT A HERMANSON	RESIDENTIAL	$266,000	160 ft
3601 25TH AVE S MINNEAPOLIS MN 55406	TAMARA HOUSTON	RESIDENTIAL	$257,500	160 ft

Property History

Current Tax Year

Year2026

Tax Due$4,958