3633 27TH AVE S MINNEAPOLIS MN 55406

PID: 0102824430064

Property Overview

Parcel ID0102824430064

Lot Size5,043 sq ft (0.116 ac)

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

Year Built1921

Property ClassRESIDENTIAL

OwnerS B PALM & M A FRIESEN

Assessed Value$229,100

Land Value$119,000

Building Value$110,100

Annual Tax$3,183

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

5 permits on record since 2023 · $15K total declared value · Most recent: Jan 2026 (existres)

ExistresJan 2026Closed

$3K

Forrest Heating LLC

RemodelOct 2025Closed

$300

REVITALIZE CONTRACTING LLC

MiscOct 2025Closed

$5K

REVITALIZE CONTRACTING LLC

MiscSep 2025Closed

$8K

REVITALIZE CONTRACTING LLC

ResJan 2023Closed

CenterPoint Energy Resource Corp

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 depth86 ft

Area~2,582 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 2,582 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
3637 27TH AVE S MINNEAPOLIS MN 55406	RONALD L LOGLI TRUST	RESIDENTIAL	$281,800	40 ft
3631 27TH AVE S MINNEAPOLIS MN 55406	ROBIN L KURSCHNER	RESIDENTIAL	$291,900	40 ft
3641 27TH AVE S MINNEAPOLIS MN 55406	GAIL A GRAHAM TRUSTEE	RESIDENTIAL	$314,100	80 ft
3627 27TH AVE S MINNEAPOLIS MN 55406	MATTHEW DELK & ALEXA LYNG	RESIDENTIAL	$390,500	80 ft
3625 27TH AVE S MINNEAPOLIS MN 55406	AYLA R BERGQUIST	RESIDENTIAL	$262,400	120 ft
2704 37TH ST E MINNEAPOLIS MN 55406	JACOB KNIGHT & K WEINMANN	RESIDENTIAL	$254,700	138 ft
3634 28TH AVE S MINNEAPOLIS MN 55406	KATHLEEN A NITSCHKE	RESIDENTIAL	$243,400	140 ft
2708 37TH ST E MINNEAPOLIS MN 55406	ANNA B JASULEVICIUS	RESIDENTIAL	$196,200	144 ft
3630 28TH AVE S MINNEAPOLIS MN 55406	DARREN W LOCHNER	RESIDENTIAL	$261,000	145 ft
3636 28TH AVE S MINNEAPOLIS MN 55406	J WILLIAMS & M A WILLIAMS	TRIPLEX	$746,900	145 ft

Property History

Most Recent Sale

Date202602

Price$310,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,183