4709 27TH AVE S MINNEAPOLIS MN 55406

PID: 1302824120021

Property Overview

Parcel ID1302824120021

Lot Size5,286 sq ft (0.121 ac)

Lot Dimensions (est.)123 ft wide × 43 ft deep

Year Built1937

Property ClassRESIDENTIAL

OwnerL M TUFANO & A S TUFANO

Assessed Value$609,600

Land Value$206,000

Building Value$403,600

Annual Tax$9,784

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

12 permits on record since 2018 · $241K total declared value · Most recent: May 2025 (res)

ResMay 2025Closed

Warners Stellian Co Inc

RemodelAug 2024Closed

$8K

TRUNORTH SOLAR

AdditionDec 2023Closed

$120K

CASTLE BUILDING & REMODELING INC

ExistresNov 2023Closed

4Front Energy Solutions Inc

MiscAug 2022Closed

$9K

WALKER ROOFING CO

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 width33 ft

Buildable depth83 ft

Area~2,736 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 2,736 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4715 27TH AVE S MINNEAPOLIS MN 55406	CHELSEA STEAD & BEAU STEAD	RESIDENTIAL	$506,000	43 ft
4705 27TH AVE S MINNEAPOLIS MN 55406	B R TAPLIN & E C TAPLIN	RESIDENTIAL	$543,500	43 ft
4717 27TH AVE S MINNEAPOLIS MN 55406	J R KLEINSCHMIT TRUST ET AL	RESIDENTIAL	$710,800	86 ft
2701 47TH ST E MINNEAPOLIS MN 55406	R B THORSON & S J THORSON	RESIDENTIAL	$546,400	86 ft
4725 27TH AVE S MINNEAPOLIS MN 55406	JUSTIN HELLER & JENNA HELLER	RESIDENTIAL	$491,000	129 ft
4708 28TH AVE S MINNEAPOLIS MN 55406	PATRICIA A COYLE	RESIDENTIAL	$471,700	137 ft
4712 28TH AVE S MINNEAPOLIS MN 55406	DANIEL KILIBARDA TRUST	RESIDENTIAL	$457,000	143 ft
4704 28TH AVE S MINNEAPOLIS MN 55406	J R HURRLE & K GEAGAN	RESIDENTIAL	$604,000	152 ft
4716 28TH AVE S MINNEAPOLIS MN 55406	JOEL HENRY	RESIDENTIAL-TWO UNIT	$455,000	161 ft
4727 27TH AVE S MINNEAPOLIS MN 55406	MABBS FAMILY TRUST	RESIDENTIAL	$463,300	172 ft

Property History

Most Recent Sale

Date201809

Price$450,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,784