4225 27TH AVE S MINNEAPOLIS MN 55406

PID: 1202824420089

Property Overview

Parcel ID1202824420089

Lot Size5,050 sq ft (0.116 ac)

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

Year Built1945

Property ClassRESIDENTIAL

OwnerL E HOLT & P-A C HALVORSEN

Assessed Value$334,600

Land Value$146,000

Building Value$188,600

Annual Tax$5,045

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2018 · $22K total declared value · Most recent: Jul 2023 (existres)

ExistresJul 2023Closed

BONFES PLUMBING HEATING AND AIR SERVICE INC

MiscJul 2020Closed

$8K

Safe Basements of MN

MiscJan 2020Closed

$3K

Safe Basements of MN

ResMay 2019Closed

Water Heaters Now Inc

RemodelMar 2019Closed

$7K

Safe Basements of MN

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~2,587 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 2,587 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4229 27TH AVE S MINNEAPOLIS MN 55406	DARLA GUSTAFSON	RESIDENTIAL	$333,000	40 ft
4221 27TH AVE S MINNEAPOLIS MN 55406	ALAN JONES & ANNA SCHWINN	RESIDENTIAL	$367,300	40 ft
4233 27TH AVE S MINNEAPOLIS MN 55406	D N JIMENEZ & M T NEGRETE	RESIDENTIAL	$348,300	80 ft
4217 27TH AVE S MINNEAPOLIS MN 55406	J S REHBERGER/A J REHBERGER	RESIDENTIAL	$261,800	82 ft
4237 27TH AVE S MINNEAPOLIS MN 55406	ADAM COLE & AMANDA COLE	RESIDENTIAL	$319,500	120 ft
4215 27TH AVE S MINNEAPOLIS MN 55406	HANNAH HOSTETTER	RESIDENTIAL	$274,700	126 ft
4224 28TH AVE S MINNEAPOLIS MN 55406	M SPEAKE/D SPEAKE/K SPEAKE	RESIDENTIAL-TWO UNIT	$378,700	140 ft
4220 28TH AVE S MINNEAPOLIS MN 55406	DAVID CHILDERS	RESIDENTIAL-TWO UNIT	$357,800	145 ft
4228 28TH AVE S MINNEAPOLIS MN 55406	JULIE KLYUCH	RESIDENTIAL-TWO UNIT	$368,500	145 ft
4241 27TH AVE S MINNEAPOLIS MN 55406	MARCIE R RENDON	RESIDENTIAL	$305,000	160 ft

Property History

Most Recent Sale

Date202010

Price$260,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,045