3729 27TH AVE S MINNEAPOLIS MN 55406

PID: 0102824430216

Property Overview

Parcel ID0102824430216

Lot Size5,040 sq ft (0.116 ac)

Lot Dimensions (est.)126 ft wide × 40 ft deep

Year Built1922

Property ClassRESIDENTIAL

OwnerJEFF MITCHELL

Assessed Value$249,000

Land Value$119,000

Building Value$130,000

Annual Tax$3,778

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

4 permits on record since 2020 · $10K total declared value · Most recent: Jan 2023 (res)

ResJan 2023Closed

CenterPoint Energy Resource Corp

ResApr 2021Closed

Noah Acquistions LLC

MiscApr 2021Closed

$2K

THE WINDOW STORE INC

MiscSep 2020Closed

$8K

YEAR ROUND BUILDERS 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 width29 ft

Buildable depth89 ft

Area~2,579 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 2,579 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
3733 27TH AVE S MINNEAPOLIS MN 55406	SHANNON SMITH	RESIDENTIAL	$297,900	40 ft
3727 27TH AVE S MINNEAPOLIS MN 55406	CLYTEE J WELLS	RESIDENTIAL	$292,600	40 ft
3735 27TH AVE S MINNEAPOLIS MN 55406	N WESSELS & J STABENOW	RESIDENTIAL	$283,700	80 ft
3723 27TH AVE S MINNEAPOLIS MN 55406	KATHRYN A VANN	RESIDENTIAL	$276,500	80 ft
3739 27TH AVE S MINNEAPOLIS MN 55406	C HARDEE & G M ALLEN	RESIDENTIAL	$292,700	120 ft
3721 27TH AVE S MINNEAPOLIS MN 55406	CHRISTIAN JOLICOEUR	RESIDENTIAL	$348,000	120 ft
3730 28TH AVE S MINNEAPOLIS MN 55406	H M M LUNA & T M LUNA	RESIDENTIAL	$297,900	140 ft
3726 28TH AVE S MINNEAPOLIS MN 55406	JANET I HEDBERG	RESIDENTIAL	$302,000	144 ft
3734 28TH AVE S MINNEAPOLIS MN 55406	THOMAS W GLADBACH	RESIDENTIAL	$266,100	148 ft
3724 28TH AVE S MINNEAPOLIS MN 55406	DAVID A DUBOIS	RESIDENTIAL	$225,000	159 ft

Property History

Most Recent Sale

Date202107

Price$254,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,778