2627 6TH ST N E MINNEAPOLIS MN 55418

PID: 1102924240076

Property Overview

Parcel ID1102924240076

Lot Size5,683 sq ft (0.130 ac)

Lot Dimensions (est.)123 ft wide × 46 ft deep

Year Built1956

Property ClassRESIDENTIAL

OwnerC M PFERSCH & J T PFERSCH

Assessed Value$289,000

Land Value$108,000

Building Value$181,000

Annual Tax$4,186

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Area of Concentrated PovertyHigh

In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.

Minneapolis — Affordable Housing Trust Fund ↗

Potential programs

Great Streets Gap FinancingMedium

Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.

Minneapolis Great Streets — Gap Financing ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

1 permit on record since 2025 · Most recent: Nov 2025 (res)

ResNov 2025Closed

Paul Bunyan Plumbing, LLC

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Holland · Minneapolis

Median reported rent1,204/mo

Renter-occupied56.0%

Median home value$293K

Vacancy rate8.5%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1018

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 width36 ft

Buildable depth84 ft

Area~3,005 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 3,005 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
2631 6TH ST N E MINNEAPOLIS MN 55418	CITY OF LAKES COMMUN LAND TR	—	$485,100	46 ft
2623 6TH ST N E MINNEAPOLIS MN 55418	DANIEL R SCOGGINS	RESIDENTIAL	$283,900	46 ft
2635 6TH ST N E MINNEAPOLIS MN 55418	P H SCHULA & L A VAN MATRE	RESIDENTIAL	$223,200	92 ft
2624 7TH ST N E MINNEAPOLIS MN 55418	A R & J E KAPPHAHN	RESIDENTIAL	$279,600	123 ft
2626 7TH ST N E MINNEAPOLIS MN 55418	TONY JAY BROWN	RESIDENTIAL	$280,000	131 ft
2639 6TH ST N E MINNEAPOLIS MN 55418	ALLEN J GERSZEWSKI	RESIDENTIAL	$266,000	138 ft
2622 7TH ST N E MINNEAPOLIS MN 55418	EVERGREEN INVESTMENTS LLC	RESIDENTIAL	$295,700	141 ft
2634 7TH ST N E MINNEAPOLIS MN 55418	P P HUMALA & M R M ACERO	RESIDENTIAL	$277,800	154 ft
2604 6TH ST N E MINNEAPOLIS MN 55418	JOHN PETER WARIAN	LAND - INDUSTRIAL	$49,700	181 ft
2607 6TH ST N E MINNEAPOLIS MN 55418	JOHN P WARIAN	INDUSTRIAL-PREFERRED	$1,397,000	184 ft

Property History

Most Recent Sale

Date202010

Price$305,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,186