2700 37TH ST E MINNEAPOLIS MN 55406

PID: 0102824430060

Property Overview

Parcel ID0102824430060

Lot Size3,069 sq ft (0.070 ac)

Lot Dimensions (est.)40 ft wide × 77 ft deep

Year Built1917

Property ClassRESIDENTIAL

OwnerTRACY D PHAN

Assessed Value$234,500

Land Value$91,000

Building Value$143,500

Annual Tax$3,432

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

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width27 ft

Buildable depth37 ft

Area~992 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 sfr / adu benchmarks for 992 sqft buildable area.

Est. units

Yield on cost

3.1%

Spread

-2.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2704 37TH ST E MINNEAPOLIS MN 55406	JACOB KNIGHT & K WEINMANN	RESIDENTIAL	$254,700	41 ft
3641 27TH AVE S MINNEAPOLIS MN 55406	GAIL A GRAHAM TRUSTEE	RESIDENTIAL	$314,100	72 ft
2708 37TH ST E MINNEAPOLIS MN 55406	ANNA B JASULEVICIUS	RESIDENTIAL	$196,200	84 ft
3637 27TH AVE S MINNEAPOLIS MN 55406	RONALD L LOGLI TRUST	RESIDENTIAL	$281,800	107 ft
3701 27TH AVE S MINNEAPOLIS MN 55406	MICHAEL S WARREN	RESIDENTIAL	$261,200	130 ft
3644 27TH AVE S MINNEAPOLIS MN 55406	A CHERMAN & C YANG	RESIDENTIAL	$351,300	144 ft
3633 27TH AVE S MINNEAPOLIS MN 55406	S B PALM & M A FRIESEN	RESIDENTIAL	$229,100	145 ft
3640 27TH AVE S MINNEAPOLIS MN 55406	E L RESSEGER & C J ROGALSKY	RESIDENTIAL	$290,900	148 ft
3636 27TH AVE S MINNEAPOLIS MN 55406	SHERRI J MARTIN	RESIDENTIAL	$310,600	167 ft
3705 27TH AVE S MINNEAPOLIS MN 55406	BRENT E HOLDMAN	RESIDENTIAL	$283,500	167 ft

Property History

Most Recent Sale

Date200210

Price$163,895

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,432