3903 27TH AVE S MINNEAPOLIS MN 55406

PID: 1202824120237

Property Overview

Parcel ID1202824120237

Lot Size9,329 sq ft (0.214 ac)

Lot Dimensions (est.)126 ft wide × 74 ft deep

Year Built1914

Property ClassRESIDENTIAL

OwnerG & C VERNON

Assessed Value$293,600

Land Value$158,000

Building Value$135,600

Annual Tax$4,247

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

1 permit on record since 2023 · $28K total declared value · Most recent: Nov 2023 (misc)

MiscNov 2023Closed

$28K

M AND R CONSTRUCTION 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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width113 ft

Buildable depth34 ft

Area~5,246 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 5,246 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
3909 27TH AVE S MINNEAPOLIS MN 55406	THEODORA WYNHOFF	RESIDENTIAL	$271,600	57 ft
3913 27TH AVE S MINNEAPOLIS MN 55406	ERIN E EYBERG	RESIDENTIAL	$272,300	97 ft
3857 27TH AVE S MINNEAPOLIS MN 55406	NATHAN PAUL SE VERSON	RESIDENTIAL	$175,300	116 ft
3917 27TH AVE S MINNEAPOLIS MN 55406	MINA TEHRANI & EHSAN BAN	RESIDENTIAL	$275,800	137 ft
3900 28TH AVE S MINNEAPOLIS MN 55406	HENRY MEYER & ALEXIS MEYER	TRIPLEX	$474,000	141 ft
3904 28TH AVE S MINNEAPOLIS MN 55406	ALEXIS PHILLIP GONZALEZ	RESIDENTIAL	$323,400	141 ft
3908 28TH AVE S MINNEAPOLIS MN 55406	DARLA J KASHIAN	RESIDENTIAL	$273,800	151 ft
3853 27TH AVE S MINNEAPOLIS MN 55406	P CRAGOE & S ST MARTIN	RESIDENTIAL	$278,000	155 ft
3912 28TH AVE S MINNEAPOLIS MN 55406	ERIC HUBBS & MORGAN HUBBS	RESIDENTIAL	$336,500	170 ft
3921 27TH AVE S MINNEAPOLIS MN 55406	LUCY M SELANDER	RESIDENTIAL	$303,400	177 ft

Property History

Current Tax Year

Year2026

Tax Due$4,247