3708 27TH AVE S MINNEAPOLIS MN 55406

PID: 0102824430171

Property Overview

Parcel ID0102824430171

Lot Size5,075 sq ft (0.117 ac)

Lot Dimensions (est.)127 ft wide × 40 ft deep

Year Built1921

Property ClassRESIDENTIAL

OwnerA J MILLER & C L EISENBEIS

Assessed Value$280,400

Land Value$120,000

Building Value$160,400

Annual Tax$4,305

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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 width30 ft

Buildable depth87 ft

Area~2,606 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 2,606 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
3704 27TH AVE S MINNEAPOLIS MN 55406	TAMARA K TORRES	RESIDENTIAL	$351,400	40 ft
3710 27TH AVE S MINNEAPOLIS MN 55406	B T BUGBEE & B E GEOGHEGAN	RESIDENTIAL	$221,200	40 ft
3700 27TH AVE S MINNEAPOLIS MN 55406	SHIRLEY MICHELE JENSEN	RESIDENTIAL	$285,700	78 ft
3714 27TH AVE S MINNEAPOLIS MN 55406	A STAHLMANN & A STAHLMANN	RESIDENTIAL	$336,000	80 ft
3716 27TH AVE S MINNEAPOLIS MN 55406	KEITH DEL VILLAR BARRAGAN	RESIDENTIAL	$221,600	120 ft
3709 26TH AVE S MINNEAPOLIS MN 55406	MAUREEN J FRIES REV TRUST	RESIDENTIAL	$278,200	140 ft
3711 26TH AVE S MINNEAPOLIS MN 55406	W C ANDERSON III/L ANDERSON	RESIDENTIAL	$320,100	146 ft
3705 26TH AVE S MINNEAPOLIS MN 55406	KERRY DAIGS	RESIDENTIAL	$224,300	146 ft
3720 27TH AVE S MINNEAPOLIS MN 55406	JEAN A EMMONS	RESIDENTIAL-TWO UNIT	$309,900	160 ft
3701 26TH AVE S MINNEAPOLIS MN 55406	LUCINA LYNCH	RESIDENTIAL	$274,400	161 ft

Property History

Most Recent Sale

Date202208

Price$310,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,305