3018 25TH ST E MINNEAPOLIS MN 55406

PID: 3602924140014

Property Overview

Parcel ID3602924140014

Lot Size2,893 sq ft (0.066 ac)

Lot Dimensions (est.)31 ft wide × 93 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerG A GAGNER & M A BARDY

Assessed Value$186,000

Land Value$105,000

Building Value$81,000

Annual Tax$2,461

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2019 · $10K total declared value · Most recent: Oct 2023 (existres)

ExistresOct 2023Closed

ST PAUL PLUMBING AND HEATING CO INC

MiscSep 2021Closed

$10K

GARLOCK FRENCH ROOFING

ResNov 2019Closed

Urban Pine Plumbing and Mechanical Inc

ResMar 2019Closed

CenterPoint Energy Resource Corp

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width20 ft

Buildable depth56 ft

Area~1,128 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 1,128 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3020 25TH ST E MINNEAPOLIS MN 55406	SIMPLE LIVING LLC	RESIDENTIAL-TWO UNIT	$234,500	30 ft
3012 25TH ST E MINNEAPOLIS MN 55406	M D DANYAL & S G SANYAL	RESIDENTIAL	$208,800	30 ft
3024 25TH ST E MINNEAPOLIS MN 55406	P K O'BRIEN & S S BEAUMONT	RESIDENTIAL	$351,400	62 ft
2436 31ST AVE S MINNEAPOLIS MN 55406	ERIN E FENLON	RESIDENTIAL	$284,400	75 ft
3008 25TH ST E MINNEAPOLIS MN 55406	MICHAEL G HAWKINS	RESIDENTIAL-TWO UNIT	$412,100	89 ft
2432 31ST AVE S MINNEAPOLIS MN 55406	HALEY BURNS/NATHAN WHITTLE	RESIDENTIAL-TWO UNIT	$424,000	121 ft
3004 25TH ST E MINNEAPOLIS MN 55406	ROSE C RYAN/DUSTIN LUNDEBREK	RESIDENTIAL	$216,000	134 ft
2437 30TH AVE S MINNEAPOLIS MN 55406	K CORCORAN & R CORCORAN	RESIDENTIAL	$456,400	140 ft
3000 25TH ST E MINNEAPOLIS MN 55406	CHRISTINE PATINO/LUIS GUERRA	RESIDENTIAL-TWO UNIT	$362,100	166 ft
2428 31ST AVE S MINNEAPOLIS MN 55406	JAMIE HOORNAERT	RESIDENTIAL	$384,000	169 ft

Property History

Most Recent Sale

Date198503

Price$57,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$2,461