1027 28TH AVE N E MINNEAPOLIS MN 55418

PID: 1202924220182

Property Overview

Parcel ID1202924220182

Lot Size3,393 sq ft (0.078 ac)

Lot Dimensions (est.)36 ft wide × 93 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerJOSHUA JARCHO

Assessed Value$239,600

Land Value$92,000

Building Value$147,600

Annual Tax$3,358

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width26 ft

Buildable depth54 ft

Area~1,405 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 1,405 sqft buildable area.

Est. units

Yield on cost

2.4%

Spread

-3.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1029 28TH AVE N E MINNEAPOLIS MN 55418	M M GURNEY & A M GURNEY	RESIDENTIAL	$411,000	36 ft
1023 28TH AVE N E MINNEAPOLIS MN 55418	KATHRYN D SAVAGE	RESIDENTIAL	$234,000	36 ft
2810 TAYLOR ST N E MINNEAPOLIS MN 55418	MARTIN WHITE	RESIDENTIAL	$313,600	70 ft
1019 28TH AVE N E MINNEAPOLIS MN 55418	D AUWRTER / E HORNEMAN	RESIDENTIAL	$338,500	72 ft
1033 28TH AVE N E MINNEAPOLIS MN 55418	ALEXANDER OLSEN	RESIDENTIAL-TWO UNIT	$399,300	73 ft
2814 TAYLOR ST N E MINNEAPOLIS MN 55418	KENNETH A JOHNSON	RESIDENTIAL	$301,800	116 ft
1013 28TH AVE N E MINNEAPOLIS MN 55418	JESSE ROCK & REBECCA ROCK	APARTMENT	$599,000	148 ft
1028 28TH AVE N E MINNEAPOLIS MN 55418	JOHN XIANG RHONG SOH	RESIDENTIAL-TWO UNIT	$317,900	153 ft
1030 28TH AVE N E MINNEAPOLIS MN 55418	ELIZABETH TYSON	RESIDENTIAL-TWO UNIT	$271,600	158 ft
2818 TAYLOR ST N E MINNEAPOLIS MN 55418	STEVEN LAFEIR	RESIDENTIAL	$462,800	162 ft

Property History

Most Recent Sale

Date200703

Price$179,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,358