3618 27TH AVE S MINNEAPOLIS MN 55406

PID: 0102824430080

Property Overview

Parcel ID0102824430080

Lot Size5,205 sq ft (0.119 ac)

Lot Dimensions (est.)127 ft wide × 41 ft deep

Year Built1922

Property ClassRESIDENTIAL

OwnerAMY HANENBURG

Assessed Value$258,900

Land Value$122,000

Building Value$136,900

Annual Tax$3,952

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 2018 · $55K total declared value · Most recent: Jan 2023 (res)

ResJan 2023Closed

CenterPoint Energy Resource Corp

MiscOct 2021Closed

$12K

PELLA NORTHLAND

ResOct 2021Closed

FFM LLC

MiscJun 2021Closed

$36K

QUARVE CONTRACTING INC

MiscApr 2018Closed

$6K

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 width31 ft

Buildable depth87 ft

Area~2,695 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 2,695 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3614 27TH AVE S MINNEAPOLIS MN 55406	BRETT D SLOCUM	RESIDENTIAL	$311,900	41 ft
3620 27TH AVE S MINNEAPOLIS MN 55406	MELISSA ANN GROSS	RESIDENTIAL	$345,900	41 ft
3612 27TH AVE S MINNEAPOLIS MN 55406	JON A SARKIS/DIANE L SARKIS	RESIDENTIAL	$300,500	82 ft
3626 27TH AVE S MINNEAPOLIS MN 55406	ROBERT JIMERSON	RESIDENTIAL	$162,800	82 ft
3608 27TH AVE S MINNEAPOLIS MN 55406	ROBIN H IVERSON	RESIDENTIAL	$287,200	124 ft
3628 27TH AVE S MINNEAPOLIS MN 55406	N N NELSON & E OBRIEN	RESIDENTIAL	$325,300	127 ft
3619 26TH AVE S MINNEAPOLIS MN 55406	JERI LEE TRUST	RESIDENTIAL	$266,000	141 ft
3617 26TH AVE S MINNEAPOLIS MN 55406	ANDREW R SWINGLEY	RESIDENTIAL	$284,900	143 ft
3623 26TH AVE S MINNEAPOLIS MN 55406	HOMEPRIDE INC	RESIDENTIAL	$210,800	150 ft
3615 26TH AVE S MINNEAPOLIS MN 55406	R JOHNSON & DARLENE JOHNSON	RESIDENTIAL	$280,600	156 ft

Property History

Most Recent Sale

Date200303

Price$149,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,952