4133 27TH AVE S MINNEAPOLIS MN 55406

PID: 1202824130047

Property Overview

Parcel ID1202824130047

Lot Size5,054 sq ft (0.116 ac)

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

Year Built1924

Property ClassRESIDENTIAL

OwnerANNABELLE WATTS/JUSTIN WATTS

Assessed Value$355,000

Land Value$122,000

Building Value$233,000

Annual Tax$5,271

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2017 · $51K total declared value · Most recent: Nov 2021 (misc)

MiscNov 2021Closed

$19K

PELLA NORTHLAND

ResSep 2017Closed

Fineline Mechanical Services Inc

RemodelSep 2017Closed

$32K

ULMER CONSTRUCTION LLC

ExistresSep 2017Closed

Binder Heating and Air Conditioning Inc

ExistresApr 2017Closed

GV Heating and Air 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~2,590 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 2,590 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
4137 27TH AVE S MINNEAPOLIS MN 55406	STEPHEN GILKESON	RESIDENTIAL	$653,400	40 ft
4127 27TH AVE S MINNEAPOLIS MN 55406	KATHERINE MARIE FLORIN	RESIDENTIAL	$451,000	40 ft
4139 27TH AVE S MINNEAPOLIS MN 55406	C HAATAJA & C PERKINS	RESIDENTIAL	$299,400	80 ft
4125 27TH AVE S MINNEAPOLIS MN 55406	J F VAN DERLOFSKE III ETAL	RESIDENTIAL	$335,200	80 ft
4121 27TH AVE S MINNEAPOLIS MN 55406	D J THIEL & J S SEIFERT	RESIDENTIAL	$339,300	120 ft
4145 27TH AVE S MINNEAPOLIS MN 55406	JAMES E CARLSON ETAL	RESIDENTIAL	$315,000	123 ft
4132 28TH AVE S MINNEAPOLIS MN 55406	MELISSA C PAULSON	RESIDENTIAL	$261,200	140 ft
4130 28TH AVE S MINNEAPOLIS MN 55406	RACHEL BARCLAY & PAUL JONES	RESIDENTIAL	$402,300	146 ft
4136 28TH AVE S MINNEAPOLIS MN 55406	ERIKA MARY STAUB	RESIDENTIAL	$298,300	146 ft
4117 27TH AVE S MINNEAPOLIS MN 55406	VALOR HOPES	RESIDENTIAL	$307,500	160 ft

Property History

Most Recent Sale

Date202007

Price$340,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,271