1612 25TH ST W MINNEAPOLIS MN 55405

PID: 3302924240058

Property Overview

Parcel ID3302924240058

Lot Size5,011 sq ft (0.115 ac)

Lot Dimensions (est.)93 ft wide × 54 ft deep

Year Built1903

Property ClassRESIDENTIAL

OwnerK S GARLAND & A M HANER

Assessed Value$916,000

Land Value$354,000

Building Value$562,000

Annual Tax$15,640

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Minneapolis

Median reported rent1,226/mo

Renter-occupied49.6%

Median home value$548K

Vacancy rate7.2%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1066

Market Snapshot

Zip code 55405

Median sale price$530K+73.8% YoY

Median price / sqft$270/sqft

Median days to close45 days

Active listings39

Source: Redfin Data Center (Invalid Date) · Zip 55405

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 width40 ft

Buildable depth60 ft

Area~2,409 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 2,409 sqft buildable area.

Est. units

Yield on cost

3.2%

Spread

-2.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1608 25TH ST W MINNEAPOLIS MN 55405	TODD B SMITH TRUST	RESIDENTIAL	$674,000	49 ft
1618 25TH ST W MINNEAPOLIS MN 55405	STEVEN JOHNS & LESLEE JOHNS	RESIDENTIAL	$762,000	50 ft
2436 IRVING AVE S MINNEAPOLIS MN 55405	S B PORTER/T J DUFFY TRSTEES	RESIDENTIAL-TWO UNIT	$860,200	74 ft
1622 25TH ST W MINNEAPOLIS MN 55405	RONALD DAVID FARRAR	RESIDENTIAL	$723,700	98 ft
2446 IRVING AVE S MINNEAPOLIS MN 55405	JOHN R SILKENSEN	RESIDENTIAL	$746,000	100 ft
2430 IRVING AVE S MINNEAPOLIS MN 55405	JODI FLATLA & LUKE FLATLA	RESIDENTIAL	$940,800	127 ft
1626 25TH ST W MINNEAPOLIS MN 55405	SUZANNE PAKI REVOCABLE TRUST	RESIDENTIAL	$720,200	144 ft
1613 25TH ST W MINNEAPOLIS MN 55405	TOMMY M CHO	RESIDENTIAL	$1,326,000	165 ft
2426 IRVING AVE S MINNEAPOLIS MN 55405	M QUIROGA & S SCHINAZI	RESIDENTIAL	$720,700	182 ft
1630 25TH ST W MINNEAPOLIS MN 55405	RICHARD D MAIER REVOC TRUST	RESIDENTIAL	$828,100	192 ft

Property History

Most Recent Sale

Date202406

Price$875,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$15,640