3515 26TH ST E MINNEAPOLIS MN 55406

PID: 3102923310056

Property Overview

Parcel ID3102923310056

Lot Size4,999 sq ft (0.115 ac)

Lot Dimensions (est.)40 ft wide × 125 ft deep

Year Built1931

Property ClassRESIDENTIAL

OwnerT L BARNES & K C BARNES

Assessed Value$381,100

Land Value$173,000

Building Value$208,100

Annual Tax$5,727

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Permit History

9 permits on record since 2017 · $32K total declared value · Most recent: Feb 2026 (remodel)

RemodelFeb 2026Inspection

$2K

PURE BREATHING SOLUTIONS INC

MiscJun 2024Closed

$6K

R & R Roofing INC

MiscMar 2024Closed

$5K

ASPEN EXTERIORS INC

ExistresAug 2020Closed

GV Heating and Air Inc

ResAug 2020Closed

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

Minneapolis

Median reported rent1,337/mo

Renter-occupied28.1%

Median home value$329K

Vacancy rate4.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1075

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 width30 ft

Buildable depth85 ft

Area~2,550 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 2,550 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
3517 26TH ST E MINNEAPOLIS MN 55406	D W GAGNE & L S KROUSE	RESIDENTIAL	$319,600	40 ft
3509 26TH ST E MINNEAPOLIS MN 55406	D P CRISMAN & W MATTILA	RESIDENTIAL	$382,400	40 ft
3521 26TH ST E MINNEAPOLIS MN 55406	L SIMSTROM & N P A SIMSTROM	RESIDENTIAL	$359,000	80 ft
3505 26TH ST E MINNEAPOLIS MN 55406	P E DONLIN / D D JENSEN	RESIDENTIAL	$311,900	80 ft
3525 26TH ST E MINNEAPOLIS MN 55406	STEVEN D ERICKSON REV TRUST	RESIDENTIAL-TWO UNIT	$362,000	115 ft
2612 36TH AVE S MINNEAPOLIS MN 55406	P A PETERSEN & M J MONROE	RESIDENTIAL	$381,100	118 ft
2601 35TH AVE S MINNEAPOLIS MN 55406	KEVIN C & TERESA L BARNES	RESIDENTIAL	$339,300	120 ft
2613 35TH AVE S MINNEAPOLIS MN 55406	ALLAN D TOKUDA & S N ENZMANN	RESIDENTIAL	$424,100	123 ft
2616 36TH AVE S MINNEAPOLIS MN 55406	MIA M BOLTE	RESIDENTIAL	$295,000	152 ft
2617 35TH AVE S MINNEAPOLIS MN 55406	ZACHARY & KARISSA HOFER	RESIDENTIAL	$306,500	166 ft

Property History

Most Recent Sale

Date202206

Price$425,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,727