2821 26TH ST E MINNEAPOLIS MN 55406

PID: 3602924410045

Property Overview

Parcel ID3602924410045

Lot Size4,444 sq ft (0.102 ac)

Lot Dimensions (est.)47 ft wide × 95 ft deep

Year Built1900

Property ClassRESIDENTIAL-TWO UNIT

OwnerJENNIFER SHARON BUSH

Assessed Value$249,300

Land Value$120,000

Building Value$129,300

Annual Tax$3,521

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2023 · $57K total declared value · Most recent: Feb 2025 (remodel)

RemodelFeb 2025Closed

$57K

DBS RESIDENTIAL SOLUTIONS INC

ResSep 2023Closed

Dan's Sewer Service INC

ResJun 2023Closed

CenterPoint Energy Resource Corp

ResJun 2023Closed

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 width36 ft

Buildable depth57 ft

Area~2,039 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 2,039 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2817 26TH ST E MINNEAPOLIS MN 55406	PENGUIN PROPERTIES LLC	RESIDENTIAL-TWO UNIT	$322,800	42 ft
2600 29TH AVE S MINNEAPOLIS MN 55406	MARY K MAHONEY	RESIDENTIAL	$375,000	59 ft
2608 29TH AVE S MINNEAPOLIS MN 55406	JOSEPH LOUIS SCHEFFLER	RESIDENTIAL	$207,200	75 ft
2612 29TH AVE S MINNEAPOLIS MN 55406	DAVID KENYON HUGHES	RESIDENTIAL-TWO UNIT	$282,300	122 ft
2544 29TH AVE S MINNEAPOLIS MN 55406	ARFON FARAH PROPERTIES LLC	RESIDENTIAL	$338,500	153 ft
2601 28TH AVE S MINNEAPOLIS MN 55406	ARIEL INC	LAND - INDUSTRIAL	$250,700	163 ft
2616 29TH AVE S MINNEAPOLIS MN 55406	DAVID R JOHNSON	RESIDENTIAL	$291,000	169 ft
2542 29TH AVE S MINNEAPOLIS MN 55406	K A KUHN & V A LACKOVIC	RESIDENTIAL	$336,500	201 ft
2901 26TH ST E MINNEAPOLIS MN 55406	EMERY ALFRED GERVAIS	RESIDENTIAL-TWO UNIT	$298,100	202 ft
2812 26TH ST E MINNEAPOLIS MN 55406	SOMALI SUCCESS SCHOOL	COMMERCIAL-PREFERRED	$0	213 ft

Property History

Most Recent Sale

Date202307

Price$215,600

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$3,521