3828 27TH AVE S MINNEAPOLIS MN 55406

PID: 1202824120036

Property Overview

Parcel ID1202824120036

Lot Size5,094 sq ft (0.117 ac)

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

Year Built1912

Property ClassRESIDENTIAL

OwnerJACOB L STEIN

Assessed Value$264,000

Land Value$123,000

Building Value$141,000

Annual Tax$3,753

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 2018 · $17K total declared value · Most recent: Feb 2026 (existres)

ExistresFeb 2026Closed

ST PAUL PLUMBING AND HEATING CO INC

MiscFeb 2024Closed

$17K

PROMINENT CONSTRUCTION LLC

ResApr 2022Closed

CenterPoint Energy Resource Corp

ExistresAug 2018Closed

Midwest Radon Specialists LLC

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

Neighborhood Profile

Standish · Minneapolis

Median reported rent1,387/mo

Renter-occupied12.2%

Median home value$296K

Vacancy rate5.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1102

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~2,620 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 2,620 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
3824 27TH AVE S MINNEAPOLIS MN 55406	STEVEN M PRINCE	RESIDENTIAL	$233,300	40 ft
3832 27TH AVE S MINNEAPOLIS MN 55406	S L HOLLINGER & M M O'CONNOR	RESIDENTIAL	$316,000	40 ft
3820 27TH AVE S MINNEAPOLIS MN 55406	ADAM ROLLARD/MICHELE JOKINEN	RESIDENTIAL	$301,000	80 ft
3836 27TH AVE S MINNEAPOLIS MN 55406	B LORNTSON & S LORNTSON	RESIDENTIAL	$300,400	80 ft
3816 27TH AVE S MINNEAPOLIS MN 55406	JAMES BEUCHE & AMY ALBINGER	RESIDENTIAL	$413,100	120 ft
3840 27TH AVE S MINNEAPOLIS MN 55406	GEORGE S HAAS	RESIDENTIAL	$274,600	120 ft
3829 26TH AVE S MINNEAPOLIS MN 55406	A G STEELE & J R VAN BERKEL	RESIDENTIAL	$285,800	141 ft
3825 26TH AVE S MINNEAPOLIS MN 55406	JESSICA L HAYSSEN	RESIDENTIAL	$280,700	146 ft
3833 26TH AVE S MINNEAPOLIS MN 55406	DANIEL P SCHAUER	RESIDENTIAL	$236,000	147 ft
3812 27TH AVE S MINNEAPOLIS MN 55406	GEOFF CARL & SHANNA CARL	RESIDENTIAL	$305,100	160 ft

Property History

Most Recent Sale

Date201809

Price$206,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,753