3640 27TH AVE S MINNEAPOLIS MN 55406

PID: 0102824430086

Property Overview

Parcel ID0102824430086

Lot Size6,282 sq ft (0.144 ac)

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

Year Built1920

Property ClassRESIDENTIAL

OwnerE L RESSEGER & C J ROGALSKY

Assessed Value$290,900

Land Value$131,000

Building Value$159,900

Annual Tax$4,542

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

6 permits on record since 2019 · $24K total declared value · Most recent: Jan 2026 (existres)

ExistresJan 2026Closed

STAFFORD HOME SERVICE

ResJan 2023Closed

CenterPoint Energy Resource Corp

MiscJan 2022Closed

$12K

SCHERER BROTHERS LUMBER CO

ResMay 2020Closed

Warners Stellian Co Inc

MiscMay 2019Closed

$6K

NORTHRUP REMODELING

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~3,433 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
3636 27TH AVE S MINNEAPOLIS MN 55406	SHERRI J MARTIN	RESIDENTIAL	$310,600	49 ft
3644 27TH AVE S MINNEAPOLIS MN 55406	A CHERMAN & C YANG	RESIDENTIAL	$351,300	50 ft
3632 27TH AVE S MINNEAPOLIS MN 55406	W H METREY & B I SOMERVILLE	RESIDENTIAL-TWO UNIT	$446,600	99 ft
3645 26TH AVE S MINNEAPOLIS MN 55406	SHEILA M DUDDY	RESIDENTIAL	$278,000	142 ft
3641 26TH AVE S MINNEAPOLIS MN 55406	MARTA I BARNETT	RESIDENTIAL	$339,800	142 ft
2700 37TH ST E MINNEAPOLIS MN 55406	TRACY D PHAN	RESIDENTIAL	$234,500	148 ft
3628 27TH AVE S MINNEAPOLIS MN 55406	N N NELSON & E OBRIEN	RESIDENTIAL	$325,300	148 ft
3649 26TH AVE S MINNEAPOLIS MN 55406	MICHELLE EINSTEIN	RESIDENTIAL	$272,900	151 ft
3637 26TH AVE S MINNEAPOLIS MN 55406	BETHANY ANN BURZYNSKI	RESIDENTIAL	$302,400	154 ft
3700 27TH AVE S MINNEAPOLIS MN 55406	SHIRLEY MICHELE JENSEN	RESIDENTIAL	$285,700	159 ft

Property History

Most Recent Sale

Date200707

Price$200,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,542