4201 27TH AVE S MINNEAPOLIS MN 55406

PID: 1202824420095

Property Overview

Parcel ID1202824420095

Lot Size4,416 sq ft (0.101 ac)

Lot Dimensions (est.)126 ft wide × 35 ft deep

Year Built1924

Property ClassRESIDENTIAL

OwnerBRADLEY J COULTHART REV TRST

Assessed Value$269,100

Land Value$116,000

Building Value$153,100

Annual Tax$3,838

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2022 · $11K total declared value · Most recent: Dec 2024 (existres)

ExistresDec 2024Closed

CENTERPOINT ENERGY

MiscAug 2023Closed

$11K

KAUFMAN SHEET METAL ROOFING INC

ResApr 2022Closed

CenterPoint Energy Resource Corp

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

RM1Residence Goods and Services

Residential Mixed-Use 1 — low-density mixed residential

Typical Uses

·Apartments
·Townhomes
·Neighborhood-scale retail on ground floor

Max Height45 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.)10 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width111 ft

Buildable depth0 ft

Area~1,724 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 1,724 sqft buildable area.

Est. units

Yield on cost

3.0%

Spread

-2.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4205 27TH AVE S MINNEAPOLIS MN 55406	MARCELIA ROSE NORMAN	RESIDENTIAL	$359,800	39 ft
4209 27TH AVE S MINNEAPOLIS MN 55406	F FINN & C FINN	RESIDENTIAL	$373,200	81 ft
4157 27TH AVE S MINNEAPOLIS MN 55406	MICHAEL F MAGHRAK	RESIDENTIAL	$238,000	115 ft
4215 27TH AVE S MINNEAPOLIS MN 55406	HANNAH HOSTETTER	RESIDENTIAL	$274,700	123 ft
2715 42ND ST E MINNEAPOLIS MN 55406	ANTON G HANSON CO	COMMERCIAL-PREFERRED	$1,600,000	141 ft
2625 42ND ST E MINNEAPOLIS MN 55406	DIANA M MICHAELS	RESIDENTIAL	$251,000	145 ft
4153 27TH AVE S MINNEAPOLIS MN 55406	JESSICA L WEIMERSKIRCH	RESIDENTIAL	$306,000	152 ft
4208 28TH AVE S MINNEAPOLIS MN 55406	LAKE HIAWATHA PROPERTY LLC	COMMERCIAL-PREFERRED	$683,000	161 ft
2714 42ND ST E MINNEAPOLIS MN 55406	FLANERY BROTHER PARTNERSHIP	COMMERCIAL-PREFERRED	$66,700	162 ft
4217 27TH AVE S MINNEAPOLIS MN 55406	J S REHBERGER/A J REHBERGER	RESIDENTIAL	$261,800	167 ft

Property History

Most Recent Sale

Date200011

Price$132,100

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,838