5525 27TH AVE S MINNEAPOLIS MN 55417

PID: 2402824120220

Property Overview

Parcel ID2402824120220

Lot Size5,116 sq ft (0.117 ac)

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

Year Built1948

Property ClassRESIDENTIAL

OwnerJEAN MARIE KIRK

Assessed Value$300,200

Land Value$125,000

Building Value$175,200

Annual Tax$4,357

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2017 · $22K total declared value · Most recent: May 2023 (remodel)

RemodelMay 2023Closed

$10K

Minnesota Rusco Inc

ResMay 2023Closed

Minnesota Rusco Inc

MiscSep 2022Closed

$12K

Midwest Roofing Siding and Windows Inc

ResMay 2017Closed

Urban Pine Plumbing and Mechanical Inc

ExistresMay 2017Closed

CENTERPOINT ENERGY

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$371K-4.4% YoY

Median price / sqft$244/sqft

Median days to close34 days

Active listings28

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth88 ft

Area~2,637 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 2,637 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
5529 27TH AVE S MINNEAPOLIS MN 55417	AMPARO I BRECKENRIDGE	RESIDENTIAL	$300,400	40 ft
5521 27TH AVE S MINNEAPOLIS MN 55417	V LICK & B A FROST	RESIDENTIAL	$301,100	40 ft
5517 27TH AVE S MINNEAPOLIS MN 55417	NEIL H HAMILTON REVOC TRUST	RESIDENTIAL	$326,200	80 ft
5533 27TH AVE S MINNEAPOLIS MN 55417	K J D BROWN & R M ANDERSON	RESIDENTIAL	$364,600	85 ft
5513 27TH AVE S MINNEAPOLIS MN 55417	IH3 PROPERTY MINNESOTA LP	RESIDENTIAL	$299,900	120 ft
5539 27TH AVE S MINNEAPOLIS MN 55417	KATHLEEN-ANN SWEENEY JOHNSON	RESIDENTIAL	$322,100	135 ft
5524 28TH AVE S MINNEAPOLIS MN 55417	PHILIP CHARLES LEWIS	RESIDENTIAL	$382,900	142 ft
5528 28TH AVE S MINNEAPOLIS MN 55417	LJO INVESTMENTS LLC	RESIDENTIAL-TWO UNIT	$399,000	147 ft
5520 28TH AVE S MINNEAPOLIS MN 55417	WARREN JEUNG & SU J S JEUNG	RESIDENTIAL-TWO UNIT	$382,900	148 ft
5532 28TH AVE S MINNEAPOLIS MN 55417	JASON M BENJAMIN ET AL	RESIDENTIAL-TWO UNIT	$400,500	162 ft

Property History

Current Tax Year

Year2026

Tax Due$4,357