3617 27TH AVE S MINNEAPOLIS MN 55406

PID: 0102824430069

Property Overview

Parcel ID0102824430069

Lot Size5,044 sq ft (0.116 ac)

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

Year Built1914

Property ClassRESIDENTIAL

OwnerSAMANTHA R SMITH

Assessed Value$309,600

Land Value$119,000

Building Value$190,600

Annual Tax$4,792

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

3 permits on record since 2020 · $31K total declared value · Most recent: Mar 2024 (misc)

MiscMar 2024Closed

$15K

Viking Contractors LLC

RemodelSep 2022Closed

$16K

COMPLETE BASEMENT SYSTEMS

ResFeb 2020Closed

ROTO-ROOTER SERVICES CO

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 width29 ft

Buildable depth89 ft

Area~2,583 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 2,583 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 27TH AVE S MINNEAPOLIS MN 55406	MARY SHAW & JACK BERTELSEN	RESIDENTIAL	$285,000	40 ft
3615 27TH AVE S MINNEAPOLIS MN 55406	P E FRAHM & J J FRAHM	RESIDENTIAL	$253,100	40 ft
3625 27TH AVE S MINNEAPOLIS MN 55406	AYLA R BERGQUIST	RESIDENTIAL	$262,400	80 ft
3611 27TH AVE S MINNEAPOLIS MN 55406	MAYA POWELL	RESIDENTIAL	$257,300	80 ft
3627 27TH AVE S MINNEAPOLIS MN 55406	MATTHEW DELK & ALEXA LYNG	RESIDENTIAL	$390,500	120 ft
3609 27TH AVE S MINNEAPOLIS MN 55406	PETER THOMPSON	VACANT LAND-RESIDENTIAL	$120,000	120 ft
3616 28TH AVE S MINNEAPOLIS MN 55406	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	140 ft
3612 28TH AVE S MINNEAPOLIS MN 55406	S E HORSTMAN & C HORSTMAN	RESIDENTIAL	$270,800	145 ft
3620 28TH AVE S MINNEAPOLIS MN 55406	FARON J HOULE	RESIDENTIAL	$249,200	145 ft
3631 27TH AVE S MINNEAPOLIS MN 55406	ROBIN L KURSCHNER	RESIDENTIAL	$291,900	160 ft

Property History

Most Recent Sale

Date201606

Price$203,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,792