4121 27TH AVE S MINNEAPOLIS MN 55406

PID: 1202824130027

Property Overview

Parcel ID1202824130027

Lot Size5,053 sq ft (0.116 ac)

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

Year Built1922

Property ClassRESIDENTIAL

OwnerD J THIEL & J S SEIFERT

Assessed Value$339,300

Land Value$122,000

Building Value$217,300

Annual Tax$5,009

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2022 · $16K total declared value · Most recent: Oct 2022 (misc)

MiscOct 2022Closed

$16K

THOMPSON EXTERIORS LLC

ResApr 2022Closed

CenterPoint Energy Resource Corp

ExistresMar 2022Closed

Airic's Heating & Air Conditioning Inc

ResMar 2022Closed

Airic's Heating & Air Conditioning Inc

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

Neighborhood Profile

Standish · Minneapolis

Median reported rent1,387/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 depth86 ft

Area~2,589 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 2,589 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
4125 27TH AVE S MINNEAPOLIS MN 55406	J F VAN DERLOFSKE III ETAL	RESIDENTIAL	$335,200	40 ft
4117 27TH AVE S MINNEAPOLIS MN 55406	VALOR HOPES	RESIDENTIAL	$307,500	40 ft
4127 27TH AVE S MINNEAPOLIS MN 55406	KATHERINE MARIE FLORIN	RESIDENTIAL	$451,000	80 ft
4115 27TH AVE S MINNEAPOLIS MN 55406	MELISSA JEANNE MAU	RESIDENTIAL	$317,300	80 ft
4133 27TH AVE S MINNEAPOLIS MN 55406	ANNABELLE WATTS/JUSTIN WATTS	RESIDENTIAL	$355,000	120 ft
4109 27TH AVE S MINNEAPOLIS MN 55406	A SANCHEZ & R SANCHEZ	RESIDENTIAL	$336,000	120 ft
4120 28TH AVE S MINNEAPOLIS MN 55406	ISAAC T HOWARD	RESIDENTIAL	$298,100	140 ft
4116 28TH AVE S MINNEAPOLIS MN 55406	KATHLEEN E KEARNEY	RESIDENTIAL	$225,400	145 ft
4124 28TH AVE S MINNEAPOLIS MN 55406	R MCCURLEY & ERICA MELLUM	RESIDENTIAL	$220,000	145 ft
4137 27TH AVE S MINNEAPOLIS MN 55406	STEPHEN GILKESON	RESIDENTIAL	$653,400	160 ft

Property History

Most Recent Sale

Date200202

Price$165,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,009