2019 27TH AVE S MINNEAPOLIS MN 55406

PID: 3602924120014

Property Overview

Parcel ID3602924120014

Lot Size6,333 sq ft (0.145 ac)

Lot Dimensions (est.)158 ft wide × 40 ft deep

Year Built1900

Property ClassRESIDENTIAL-TWO UNIT

OwnerVICTORIA SIMMONDS

Assessed Value$364,100

Land Value$136,000

Building Value$228,100

Annual Tax$6,914

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2017 · $78K total declared value · Most recent: Dec 2022 (misc)

MiscDec 2022Closed

$27K

TWIN CITIES SIDING PROFESSIONALS

MiscJun 2022Cancelled

$51K

SELA ROOFING AND REMODELING INC

ResApr 2017Closed

Cities 1 Plumbing and Heating Inc

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

Neighborhood Profile

Seward · Minneapolis

Median reported rent872/mo

Renter-occupied55.6%

Median home value$330K

Vacancy rate2.2%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1064

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 depth118 ft

Area~3,550 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 3,550 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2013 27TH AVE S MINNEAPOLIS MN 55406	K N MAURER LIFETIME QTIP TR	COMMERCIAL-PREFERRED	$158,800	40 ft
2021 27TH AVE S MINNEAPOLIS MN 55406	P P OKERSTROM/M P OKERSTROM	RESIDENTIAL-TWO UNIT	$453,700	40 ft
2025 27TH AVE S MINNEAPOLIS MN 55406	BRET D PEARSON	RESIDENTIAL-TWO UNIT	$349,200	80 ft
2101 27TH AVE S MINNEAPOLIS MN 55406	MARK L ARNESON	RESIDENTIAL-TWO UNIT	$405,700	120 ft
2701 FRANKLIN AVE E MINNEAPOLIS MN 55406	ALSAYYAR LLC	COMMERCIAL-PREFERRED	$715,000	138 ft
2711 FRANKLIN AVE E MINNEAPOLIS MN 55406	DEGA ENTERPRISES LLC	COMMERCIAL-PREFERRED	$831,000	144 ft
2105 27TH AVE S MINNEAPOLIS MN 55406	JAMES BRUCE MOURITSEN	RESIDENTIAL-TWO UNIT	$482,600	160 ft
2016 28TH AVE S MINNEAPOLIS MN 55406	R S WHITE & A BROSS-WHITE	RESIDENTIAL	$379,400	172 ft
2020 28TH AVE S MINNEAPOLIS MN 55406	TIMOTHY A NELSON	RESIDENTIAL	$281,000	176 ft
2012 28TH AVE S MINNEAPOLIS MN 55406	CRAIG SEE	RESIDENTIAL	$296,200	177 ft

Property History

Most Recent Sale

Date202103

Price$427,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,914