1009 26TH ST W MINNEAPOLIS MN 55405

PID: 3302924410022

Property Overview

Parcel ID3302924410022

Lot Size3,014 sq ft (0.069 ac)

Lot Dimensions (est.)43 ft wide × 70 ft deep

Year Built1912

Property ClassRESIDENTIAL

OwnerJARED L GAGE

Assessed Value$375,000

Land Value$88,000

Building Value$287,000

Annual Tax$5,742

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

2 permits on record since 2022 · $18K total declared value · Most recent: Nov 2023 (misc)

MiscNov 2023Closed

$18K

Foremost Exteriors

ResMar 2022Closed

CenterPoint Energy Resource Corp

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

Neighborhood Profile

Lowry Hill East · Minneapolis

Median reported rent1,194/mo

Renter-occupied84.0%

Median home value$388K

Vacancy rate3.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1067

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 width33 ft

Buildable depth30 ft

Area~1,001 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 sfr / adu benchmarks for 1,001 sqft buildable area.

Est. units

Yield on cost

3.1%

Spread

-2.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2600 COLFAX AVE S MINNEAPOLIS MN 55408	ROGER W HEEGAARD ET AL	TRIPLEX	$575,500	64 ft
2608 COLFAX AVE S MINNEAPOLIS MN 55408	MOHAMED ALBORATI	RESIDENTIAL	$532,100	70 ft
1015 26TH ST W MINNEAPOLIS MN 55405	G & B RYG	APARTMENT	$1,164,000	97 ft
2612 COLFAX AVE S MINNEAPOLIS MN 55408	MATIAS PINO	RESIDENTIAL-TWO UNIT	$454,200	105 ft
2609 DUPONT AVE S MINNEAPOLIS MN 55408	D CARNES & L HIRST CARNES	RESIDENTIAL	$568,200	112 ft
1008 26TH ST W MINNEAPOLIS MN 55405	K MASICA & J CHENEY	RESIDENTIAL	$309,800	131 ft
2615 DUPONT AVE S MINNEAPOLIS MN 55408	JARED ROLSKY ET AL	RESIDENTIAL-TWO UNIT	$633,400	137 ft
2616 COLFAX AVE S MINNEAPOLIS MN 55408	DONALD C OGREN	RESIDENTIAL	$517,000	142 ft
2554 COLFAX AVE S MINNEAPOLIS MN 55405	GREGORY J WALLACE	RESIDENTIAL	$270,600	147 ft
2557 DUPONT AVE S MINNEAPOLIS MN 55405	JORDAN AMRANI & HAILEY WHITE	RESIDENTIAL-TWO UNIT	$476,900	152 ft

Property History

Most Recent Sale

Date200111

Price$219,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,742