2815 27TH AVE S MINNEAPOLIS MN 55406

PID: 3602924430025

Property Overview

Parcel ID3602924430025

Lot Size7,537 sq ft (0.173 ac)

Lot Dimensions (est.)157 ft wide × 48 ft deep

Year Built1911

Property ClassRESIDENTIAL

OwnerGARY W LEWIS

Assessed Value$276,400

Land Value$95,000

Building Value$181,400

Annual Tax$4,139

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Opportunity ZoneHigh

Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.

HUD Opportunity Zones ↗

Potential programs

Environmental Response FundMedium

Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.

Minneapolis — Brownfield Grants ↗

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

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Longfellow · Minneapolis

Median reported rent1,200/mo

Renter-occupied43.8%

Median home value$252K

Vacancy rate5.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1074

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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width38 ft

Buildable depth117 ft

Area~4,446 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 3-story wood frame (5–12 units) benchmarks for 4,446 sqft buildable area.

Est. units

Yield on cost

4.1%

Spread

-1.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2819 27TH AVE S MINNEAPOLIS MN 55406	SKYLINE MUTUAL LLC	RESIDENTIAL-TWO UNIT	$281,500	47 ft
2809 27TH AVE S MINNEAPOLIS MN 55406	ICCULUS INVESTMENTS LLC	APARTMENT	$572,000	48 ft
2821 27TH AVE S MINNEAPOLIS MN 55406	L & I V DELUNA	RESIDENTIAL	$226,600	82 ft
2805 27TH AVE S MINNEAPOLIS MN 55406	CU V NGUYEN	RESIDENTIAL-TWO UNIT	$276,800	93 ft
2823 27TH AVE S MINNEAPOLIS MN 55406	ALI PROPERTIES LLC	RESIDENTIAL	$313,500	108 ft
2825 27TH AVE S MINNEAPOLIS MN 55406	C G AMYX & P WESSENDORF	RESIDENTIAL	$221,800	144 ft
2701 28TH ST E MINNEAPOLIS MN 55406	ENOCH HILL	CONDOMINIUM	$206,000	146 ft
2703 28TH ST E MINNEAPOLIS MN 55406	ENOCH HILL & ALISSA HILL	CONDOMINIUM	$201,000	146 ft
2705 28TH ST E MINNEAPOLIS MN 55406	ENOCH HILL & ALISSA HILL	CONDOMINIUM	$206,000	146 ft
MN	Unknown	—	—	146 ft

Property History

Most Recent Sale

Date199710

Price$49,500

TypePROBATE DEED

Current Tax Year

Year2026

Tax Due$4,139