3632 27TH AVE S MINNEAPOLIS MN 55406

PID: 0102824430084

Property Overview

Parcel ID0102824430084

Lot Size6,283 sq ft (0.144 ac)

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

Year Built1912

Property ClassRESIDENTIAL-TWO UNIT

OwnerW H METREY & B I SOMERVILLE

Assessed Value$446,600

Land Value$132,000

Building Value$314,600

Annual Tax$7,149

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width39 ft

Buildable depth88 ft

Area~3,433 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 3,433 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
3628 27TH AVE S MINNEAPOLIS MN 55406	N N NELSON & E OBRIEN	RESIDENTIAL	$325,300	49 ft
3636 27TH AVE S MINNEAPOLIS MN 55406	SHERRI J MARTIN	RESIDENTIAL	$310,600	50 ft
3626 27TH AVE S MINNEAPOLIS MN 55406	ROBERT JIMERSON	RESIDENTIAL	$162,800	94 ft
3640 27TH AVE S MINNEAPOLIS MN 55406	E L RESSEGER & C J ROGALSKY	RESIDENTIAL	$290,900	99 ft
3620 27TH AVE S MINNEAPOLIS MN 55406	MELISSA ANN GROSS	RESIDENTIAL	$345,900	136 ft
3633 26TH AVE S MINNEAPOLIS MN 55406	D R WASHINGTON & C J MANTEL	RESIDENTIAL	$253,100	141 ft
3637 26TH AVE S MINNEAPOLIS MN 55406	BETHANY ANN BURZYNSKI	RESIDENTIAL	$302,400	145 ft
3631 26TH AVE S MINNEAPOLIS MN 55406	K J MCANDREWS & N MCANDREWS	RESIDENTIAL	$280,900	147 ft
3644 27TH AVE S MINNEAPOLIS MN 55406	A CHERMAN & C YANG	RESIDENTIAL	$351,300	148 ft
3641 26TH AVE S MINNEAPOLIS MN 55406	MARTA I BARNETT	RESIDENTIAL	$339,800	160 ft

Property History

Most Recent Sale

Date199910

Price$71,000

Type—

Current Tax Year

Year2026

Tax Due$7,149