5557 27TH AVE S MINNEAPOLIS MN 55417

PID: 2402824120213

Property Overview

Parcel ID2402824120213

Lot Size5,117 sq ft (0.117 ac)

Lot Dimensions (est.)128 ft wide × 40 ft deep

Year Built1954

Property ClassRESIDENTIAL

OwnerJOHN H MILLER

Assessed Value$296,100

Land Value$125,000

Building Value$171,100

Annual Tax$4,288

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

1 permit on record since 2020 · Most recent: Jun 2020 (res)

ResJun 2020Closed

Norblom Plumbing Co

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

Neighborhood Profile

Wenonah · Minneapolis

Median reported rent1,481/mo

Renter-occupied13.7%

Median home value$353K

Vacancy rate3.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 118

Market Snapshot

Zip code 55417

Median sale price$390K+0.0% YoY

Median price / sqft$253/sqft

Median days to close13 days

Active listings29

Source: Redfin Data Center (Invalid Date) · Zip 55417

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 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 width115 ft

Buildable depth0 ft

Area~2,374 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 2,374 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
5553 27TH AVE S MINNEAPOLIS MN 55417	JANICE MARIE HILTUNEN	RESIDENTIAL	$232,600	40 ft
5549 27TH AVE S MINNEAPOLIS MN 55417	CARY L SCHAEFER	RESIDENTIAL	$345,700	85 ft
5601 27TH AVE S MINNEAPOLIS MN 55417	FEDERAL NATIONAL MTGE ASSOC	RESIDENTIAL	$286,700	101 ft
5543 27TH AVE S MINNEAPOLIS MN 55417	AMANDA RILEY	RESIDENTIAL	$318,400	135 ft
5556 28TH AVE S MINNEAPOLIS MN 55417	J W PINKETT & K PINKETT	RESIDENTIAL-TWO UNIT	$446,000	142 ft
5605 27TH AVE S MINNEAPOLIS MN 55417	JOELL BOYD	RESIDENTIAL	$295,300	142 ft
5552 28TH AVE S MINNEAPOLIS MN 55417	E W L QUITO & N E LLAPA	RESIDENTIAL	$288,700	148 ft
5548 28TH AVE S MINNEAPOLIS MN 55417	JUDITH E MCLEOD	RESIDENTIAL-TWO UNIT	$395,300	164 ft
5600 28TH AVE S MINNEAPOLIS MN 55417	DAVID DZUNG NGUYEN	RESIDENTIAL-TWO UNIT	$390,800	172 ft
5609 27TH AVE S MINNEAPOLIS MN 55417	HOME PROPERTIES LLC	RESIDENTIAL	$289,300	182 ft

Property History

Most Recent Sale

Date199610

Price$81,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,288