4325 27TH AVE S MINNEAPOLIS MN 55406

PID: 1202824420118

Property Overview

Parcel ID1202824420118

Lot Size5,055 sq ft (0.116 ac)

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

Year Built1935

Property ClassRESIDENTIAL

OwnerLUKE CUNNINGHAM ET AL

Assessed Value$445,800

Land Value$143,000

Building Value$302,800

Annual Tax$6,785

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2022 · $85K total declared value · Most recent: Sep 2025 (existres)

ExistresSep 2025Inspection

Blue Ox Heating and Air LLC

RemodelAug 2024Closed

$32K

Sette Colli Home Remodeling LLC

ResAug 2024Closed

Gust Plumbing Inc

MiscApr 2024Closed

$28K

GLACIER COMPANIES LLC

AccessoryAug 2023Closed

$25K

Minneapolis Garage Builders, LLC

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

Neighborhood Profile

Ericsson · Minneapolis

Median reported rent1,733/mo

Renter-occupied14.2%

Median home value$372K

Vacancy rate2.6%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1111

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~2,591 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 2,591 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4329 27TH AVE S MINNEAPOLIS MN 55406	GREGORY A LEE	RESIDENTIAL	$378,700	40 ft
4321 27TH AVE S MINNEAPOLIS MN 55406	BRUCE E MCBRIDE	RESIDENTIAL	$267,700	40 ft
4333 27TH AVE S MINNEAPOLIS MN 55406	MICHELLE S PARSON	RESIDENTIAL	$383,200	80 ft
4317 27TH AVE S MINNEAPOLIS MN 55406	P D ZARNAS & S C LIU	RESIDENTIAL	$378,700	80 ft
4337 27TH AVE S MINNEAPOLIS MN 55406	M A MANNO & S L MANNO	RESIDENTIAL	$319,200	120 ft
4315 27TH AVE S MINNEAPOLIS MN 55406	TESSA M GANSER	RESIDENTIAL	$280,100	120 ft
4324 28TH AVE S MINNEAPOLIS MN 55406	EMMA ELIZABETH SCHAPER	RESIDENTIAL-TWO UNIT	$395,000	140 ft
4320 28TH AVE S MINNEAPOLIS MN 55406	JESSE DAVID STOBB	RESIDENTIAL-TWO UNIT	$380,200	146 ft
4328 28TH AVE S MINNEAPOLIS MN 55406	JEROME R OLSON ETAL	RESIDENTIAL	$298,500	146 ft
4341 27TH AVE S MINNEAPOLIS MN 55406	K M COLSTON & J A COLSTON	RESIDENTIAL	$436,300	160 ft

Property History

Most Recent Sale

Date202007

Price$410,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,785