915 27TH AVE N E MINNEAPOLIS MN 55418

PID: 1102924110006

Property Overview

Parcel ID1102924110006

Lot Size4,710 sq ft (0.108 ac)

Lot Dimensions (est.)35 ft wide × 134 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerJ A KEENAN & L S ROETHKE

Assessed Value$201,000

Land Value$98,000

Building Value$103,000

Annual Tax$2,711

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 ↗

Cultural District — Central AvenueHigh

Within the Central Avenue Cultural District — eligible for Great Streets priority financing and cultural district-specific CPED programs.

Minneapolis — Cultural Districts ↗

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 rent1,527/mo

Renter-occupied21.2%

Median home value$288K

Vacancy rate3.4%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 6.01

Market Snapshot

Zip code 55418

Median sale price$345K-3.1% YoY

Median price / sqft$222/sqft

Median days to close36 days

Active listings42

Source: Redfin Data Center (Invalid Date) · Zip 55418

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 width25 ft

Buildable depth95 ft

Area~2,364 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 2,364 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
911 27TH AVE N E MINNEAPOLIS MN 55418	P G HEIL & S WANG	RESIDENTIAL	$269,300	35 ft
917 27TH AVE N E MINNEAPOLIS MN 55418	MN ASSIST COUNCIL/VETERANS	APARTMENT	$0	64 ft
909 27TH AVE N E MINNEAPOLIS MN 55418	SIBET RENOVATIONS LLC	RESIDENTIAL-TWO UNIT	$332,700	70 ft
905 27TH AVE N E MINNEAPOLIS MN 55418	MARGARET WICKERSHAM	RESIDENTIAL	$282,800	106 ft
2700 CENTRAL AVE N E MINNEAPOLIS MN 55418	S & P BUIDLING LLC	COMMERCIAL-PREFERRED	$1,114,200	137 ft
901 27TH AVE N E MINNEAPOLIS MN 55418	M & J O'BRIEN	RESIDENTIAL	$340,000	161 ft
912 27TH AVE N E MINNEAPOLIS MN 55418	T HEINE & C D HEINE	RESIDENTIAL	$138,200	174 ft
916 27TH AVE N E MINNEAPOLIS MN 55418	WILLIAM A ULRICH REV LIV TR	LAND-COMMERCIAL	$60,800	175 ft
908 27TH AVE N E MINNEAPOLIS MN 55418	SCOTT MCNIFF	RESIDENTIAL	$232,300	177 ft
906 27TH AVE N E MINNEAPOLIS MN 55418	D F STANTON PROPERTIES LLC	RESIDENTIAL	$170,300	188 ft

Property History

Most Recent Sale

Date200709

Price$100,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$2,711