1201 27TH AVE N E MINNEAPOLIS MN 55418

PID: 1202924210094

Property Overview

Parcel ID1202924210094

Lot Size6,897 sq ft (0.158 ac)

Lot Dimensions (est.)46 ft wide × 150 ft deep

Year Built1922

Property ClassRESIDENTIAL-TWO UNIT

OwnerA A ANDERSEN & M L BABCOCK

Assessed Value$471,500

Land Value$130,000

Building Value$341,500

Annual Tax$7,707

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2017 · Most recent: Apr 2022 (res)

ResApr 2022Closed

CenterPoint Energy Resource Corp

ExistresDec 2017Closed

TEAM MECHANICAL INC

ResJan 2017Closed

Urban Pine Plumbing and Mechanical Inc

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

Neighborhood Profile

Audubon Park · Minneapolis

Median reported rent1,414/mo

Renter-occupied47.2%

Median home value$288K

Vacancy rate1.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 11

Market Snapshot

Zip code 55418

Median sale price$345K-3.1% YoY

Median price / sqft$222/sqft

Median days to close36 days

Active listings42

Source: Redfin Data Center (Invalid Date) · Zip 55418

Zoning

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 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.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width33 ft

Buildable depth110 ft

Area~3,627 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 sfr / adu benchmarks for 3,627 sqft buildable area.

Est. units

Yield on cost

3.1%

Spread

-2.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1205 27TH AVE N E MINNEAPOLIS MN 55418	GREGORY S MCCABE	RESIDENTIAL-TWO UNIT	$437,800	46 ft
1209 27TH AVE N E MINNEAPOLIS MN 55418	DARLENE FRANCES MCQUARRIA	RESIDENTIAL	$278,300	89 ft
2715 FILLMORE ST N E MINNEAPOLIS MN 55418	J C MEYERS & N MEYERS	RESIDENTIAL	$308,700	108 ft
1215 27TH AVE N E MINNEAPOLIS MN 55418	TRENTON JAMES SMOLIK	RESIDENTIAL	$326,500	132 ft
2721 FILLMORE ST N E MINNEAPOLIS MN 55418	GABRIEL PROPERTIES LLC	RESIDENTIAL	$346,600	156 ft
2706 FILLMORE ST N E MINNEAPOLIS MN 55418	D W PESEK & J T PESEK	RESIDENTIAL	$366,700	166 ft
2710 FILLMORE ST N E MINNEAPOLIS MN 55418	VALERIE M JOHNSON	RESIDENTIAL	$256,000	171 ft
2702 FILLMORE ST N E MINNEAPOLIS MN 55418	NICHOLAS COWAN/JANENE COWAN	RESIDENTIAL	$350,000	175 ft
1219 27TH AVE N E MINNEAPOLIS MN 55418	THOMAS A JOHNSON ETAL	RESIDENTIAL	$341,300	176 ft
2714 FILLMORE ST N E MINNEAPOLIS MN 55418	JEREMY KIESER/KEELIA SILVIS	RESIDENTIAL	$482,000	187 ft

Property History

Most Recent Sale

Date200010

Price$170,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,707