2400 26TH AVE S MINNEAPOLIS MN 55406

PID: 3602924130025

Property Overview

Parcel ID3602924130025

Lot Size7,325 sq ft (0.168 ac)

Lot Dimensions (est.)152 ft wide × 48 ft deep

Year Built1900

Property ClassRESIDENTIAL-TWO UNIT

OwnerK WEBB & L PASQUALE

Assessed Value$457,900

Land Value$139,000

Building Value$318,900

Annual Tax$7,014

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2017 · $12K total declared value · Most recent: Jun 2024 (existres)

ExistresJun 2024Closed

Home Energy Center Inc

MiscJan 2024Closed

$12K

RENEWAL BY ANDERSEN CORP

ExistresSep 2021Closed

SODERLIN PLUMBING HEATING AND AIR

ResDec 2017Closed

CENTERPOINT ENERGY

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 width139 ft

Buildable depth8 ft

Area~3,941 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 3,941 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2404 26TH AVE S MINNEAPOLIS MN 55406	DANIEL W SIVERTSON	RESIDENTIAL	$186,000	48 ft
2408 26TH AVE S MINNEAPOLIS MN 55406	E J BJORGAN & Y D BJORGAN	RESIDENTIAL	$276,000	96 ft
2412 26TH AVE S MINNEAPOLIS MN 55406	KATIE NGUYEN	RESIDENTIAL	$370,100	144 ft
2526 24TH ST E MINNEAPOLIS MN 55406	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	149 ft
2522 24TH ST E MINNEAPOLIS MN 55406	MARY CRESS BERLOWE	RESIDENTIAL	$355,500	167 ft
2501 24TH ST E MINNEAPOLIS MN 55406	MY LY	RESIDENTIAL	$323,900	168 ft
2405 25TH AVE S MINNEAPOLIS MN 55406	CITY/LAKES COMMUNITY LAND TR	—	$288,300	176 ft
2416 26TH AVE S MINNEAPOLIS MN 55406	L & L NGUYEN	RESIDENTIAL	$316,000	192 ft
2510 24TH ST E MINNEAPOLIS MN 55406	IMAN LLC	APARTMENT	$517,000	194 ft
2409 25TH AVE S MINNEAPOLIS MN 55406	JOHN M TRIPP/ANITA L WALLACE	RESIDENTIAL	$238,900	195 ft

Property History

Most Recent Sale

Date200409

Price$150,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,014