3425 26TH ST E MINNEAPOLIS MN 55406

PID: 3102923310081

Property Overview

Parcel ID3102923310081

Lot Size3,802 sq ft (0.087 ac)

Lot Dimensions (est.)30 ft wide × 125 ft deep

Year Built1956

Property ClassRESIDENTIAL

OwnerGAIL CARLSON TRUST

Assessed Value$295,400

Land Value$148,000

Building Value$147,400

Annual Tax$4,573

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

1 permit on record since 2019 · Most recent: Dec 2019 (existres)

ExistresDec 2019Closed

Residential Heating and Air Conditioning Inc

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

Neighborhood Profile

Seward · 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

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 width17 ft

Buildable depth85 ft

Area~1,479 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 1,479 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
3421 26TH ST E MINNEAPOLIS MN 55406	IKELER PROPERTIES SEWARD LLC	RESIDENTIAL-TWO UNIT	$330,000	35 ft
3417 26TH ST E MINNEAPOLIS MN 55406	BARBARA J CARLSON	RESIDENTIAL	$316,900	75 ft
2601 35TH AVE S MINNEAPOLIS MN 55406	KEVIN C & TERESA L BARNES	RESIDENTIAL	$339,300	95 ft
2612 35TH AVE S MINNEAPOLIS MN 55406	ELISE SORENSEN	RESIDENTIAL	$269,300	109 ft
3415 26TH ST E MINNEAPOLIS MN 55406	SHARON LEE LAMKIN	RESIDENTIAL	$429,100	125 ft
3505 26TH ST E MINNEAPOLIS MN 55406	P E DONLIN / D D JENSEN	RESIDENTIAL	$311,900	135 ft
2620 35TH AVE S MINNEAPOLIS MN 55406	ALEXANDRA K BROWN	RESIDENTIAL	$322,100	155 ft
2613 35TH AVE S MINNEAPOLIS MN 55406	ALLAN D TOKUDA & S N ENZMANN	RESIDENTIAL	$424,100	170 ft
3509 26TH ST E MINNEAPOLIS MN 55406	D P CRISMAN & W MATTILA	RESIDENTIAL	$382,400	175 ft
3405 26TH ST E MINNEAPOLIS MN 55406	G JELLISON & C B DONNELLY	RESIDENTIAL	$350,000	185 ft

Property History

Most Recent Sale

Date199602

Price$73,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,573