3628 27TH AVE S MINNEAPOLIS MN 55406

PID: 0102824430083

Property Overview

Parcel ID0102824430083

Lot Size6,284 sq ft (0.144 ac)

Lot Dimensions (est.)127 ft wide × 50 ft deep

Year Built1916

Property ClassRESIDENTIAL

OwnerN N NELSON & E OBRIEN

Assessed Value$325,300

Land Value$132,000

Building Value$193,300

Annual Tax$4,793

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

2 permits on record since 2019 · $9K total declared value · Most recent: Apr 2023 (res)

ResApr 2023Closed

CenterPoint Energy Resource Corp

MiscSep 2019Closed

$9K

KAUFMAN SHEET METAL ROOFING INC

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 width39 ft

Buildable depth88 ft

Area~3,434 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 3,434 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3626 27TH AVE S MINNEAPOLIS MN 55406	ROBERT JIMERSON	RESIDENTIAL	$162,800	45 ft
3632 27TH AVE S MINNEAPOLIS MN 55406	W H METREY & B I SOMERVILLE	RESIDENTIAL-TWO UNIT	$446,600	49 ft
3620 27TH AVE S MINNEAPOLIS MN 55406	MELISSA ANN GROSS	RESIDENTIAL	$345,900	86 ft
3636 27TH AVE S MINNEAPOLIS MN 55406	SHERRI J MARTIN	RESIDENTIAL	$310,600	99 ft
3618 27TH AVE S MINNEAPOLIS MN 55406	AMY HANENBURG	RESIDENTIAL	$258,900	127 ft
3631 26TH AVE S MINNEAPOLIS MN 55406	K J MCANDREWS & N MCANDREWS	RESIDENTIAL	$280,900	141 ft
3627 26TH AVE S MINNEAPOLIS MN 55406	C M MILAN & L C OLSON	RESIDENTIAL	$330,300	145 ft
3640 27TH AVE S MINNEAPOLIS MN 55406	E L RESSEGER & C J ROGALSKY	RESIDENTIAL	$290,900	148 ft
3633 26TH AVE S MINNEAPOLIS MN 55406	D R WASHINGTON & C J MANTEL	RESIDENTIAL	$253,100	148 ft
3623 26TH AVE S MINNEAPOLIS MN 55406	HOMEPRIDE INC	RESIDENTIAL	$210,800	159 ft

Property History

Most Recent Sale

Date202502

Price$337,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,793