315 26TH ST W MINNEAPOLIS MN 55408

PID: 3402924320382

Property Overview

Parcel ID3402924320382

Lot Size89,627 sq ft (2.058 ac)

Lot Dimensions (est.)157 ft wide × 573 ft deep

Year Built1997

Property ClassCOMMERCIAL-PREFERRED

OwnerSPECIAL SCHOOL DIST NO 1

Assessed Value$0

Land Value$0

Building Value$0

Annual Tax$0

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Area of Concentrated PovertyHigh

In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.

Minneapolis — Affordable Housing Trust Fund ↗

Qualified Census Tract (QCT)High

Within a HUD-designated Qualified Census Tract — LIHTC projects here receive a 30% basis boost, significantly increasing the tax credit allocation for affordable housing development.

HUD — LIHTC Qualified Census Tracts ↗

Potential programs

Great Streets Gap FinancingMedium

Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.

Minneapolis Great Streets — Gap Financing ↗

LIHTC 30% Basis BoostMedium

Affordable housing developments in QCTs receive a 30% increase in eligible basis for Low Income Housing Tax Credits — materially improving project feasibility. Allocated through MHFA.

HUD — LIHTC Qualified Census Tracts ↗

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

Permit History

5 permits on record since 2005 · $637K total declared value · Most recent: Sep 2017 (commercial multi-family)

Commercial Multi-FamilySep 2017Closed

$850

MOORHEAD MACHINERY AND BOILER CO

Building Re-inspectionSep 2010

$174K

Building Re-inspectionMay 2010

$191K

Building Re-inspectionJun 2007

$171K

Building Re-inspectionFeb 2005

$100K

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

Neighborhood Profile

Whittier · Minneapolis

Median reported rent1,165/mo

Renter-occupied89.9%

Median home value$346K

Vacancy rate10.8%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1070

Market Snapshot

Zip code 55408

Median sale price$390K+6.8% YoY

Median price / sqft$243/sqft

Median days to close62 days

Active listings73

Source: Redfin Data Center (Invalid Date) · Zip 55408

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 width147 ft

Buildable depth533 ft

Area~78,044 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2630 PLEASANT AVE MINNEAPOLIS MN 55408	CHRISTINE M POPOWSKI	CONDOMINIUM	$117,500	153 ft
2630 PLEASANT AVE MINNEAPOLIS MN 55408	LIAM GREENWALD	CONDOMINIUM	$121,700	153 ft
2630 PLEASANT AVE MINNEAPOLIS MN 55408	LYLE GUERARD	CONDOMINIUM	$82,200	153 ft
2630 PLEASANT AVE MINNEAPOLIS MN 55408	NICOLE R DONALDSON	CONDOMINIUM	$114,400	153 ft
2630 PLEASANT AVE MINNEAPOLIS MN 55408	MARCO MARQUEZ/SHARA MARQUEZ	CONDOMINIUM	$121,700	153 ft
2630 PLEASANT AVE MINNEAPOLIS MN 55408	ANN K GILLES	CONDOMINIUM	$94,600	153 ft
2630 PLEASANT AVE MINNEAPOLIS MN 55408	MICHAEL CALEB MURPHREE	CONDOMINIUM	$123,800	153 ft
2630 PLEASANT AVE MINNEAPOLIS MN 55408	ERIC J JENSEN	CONDOMINIUM	$115,400	153 ft
2630 PLEASANT AVE MINNEAPOLIS MN 55408	EARL BARNETT III	CONDOMINIUM	$101,900	153 ft
2630 PLEASANT AVE MINNEAPOLIS MN 55408	JOHN A MILLER	CONDOMINIUM	$123,800	153 ft

Property History

Current Tax Year

Year2026

Tax Due$0