4533 5TH AVE S MINNEAPOLIS MN 55419

PID: 1002824440192

Property Overview

Parcel ID1002824440192

Lot Size4,771 sq ft (0.110 ac)

Lot Dimensions (est.)119 ft wide × 40 ft deep

Year Built1953

Property ClassRESIDENTIAL

OwnerP H AVILA & C M R HERRERA

Assessed Value$285,300

Land Value$106,000

Building Value$179,300

Annual Tax$4,400

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

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

Permit History

1 permit on record since 2018 · Most recent: Apr 2018 (res)

ResApr 2018Closed

CENTERPOINT ENERGY

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

Neighborhood Profile

Regina · Minneapolis

Median reported rent1,858/mo

Renter-occupied11.4%

Median home value$326K

Vacancy rate2.9%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1109

Market Snapshot

Zip code 55419

Median sale price$494K-4.7% YoY

Median price / sqft$270/sqft

Median days to close29 days

Active listings30

Source: Redfin Data Center (Invalid Date) · Zip 55419

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 depth79 ft

Area~2,377 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 2,377 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4537 5TH AVE S MINNEAPOLIS MN 55419	ELSIE MOSS	RESIDENTIAL	$313,200	40 ft
4529 5TH AVE S MINNEAPOLIS MN 55419	PILAR ORTIZ DE HERRERA ET AL	RESIDENTIAL	$264,000	40 ft
4525 5TH AVE S MINNEAPOLIS MN 55419	JOHN R SHOTTON	RESIDENTIAL	$303,800	80 ft
4541 5TH AVE S MINNEAPOLIS MN 55419	DIXON ANDREW PETTENGILL	RESIDENTIAL	$224,000	80 ft
4545 5TH AVE S MINNEAPOLIS MN 55419	EMILY N GROTH	RESIDENTIAL	$283,400	120 ft
4530 PORTLAND AVE MINNEAPOLIS MN 55407	ELPIDIO & PILAR HERRERA	RESIDENTIAL-TWO UNIT	$389,000	135 ft
4536 PORTLAND AVE MINNEAPOLIS MN 55407	R NIERZWICKI & P NIERZWICKI	RESIDENTIAL	$273,800	138 ft
4517 5TH AVE S MINNEAPOLIS MN 55419	ELPIDIO HERRERA	RESIDENTIAL	$317,000	140 ft
4540 PORTLAND AVE MINNEAPOLIS MN 55407	ERIC KRENZ	RESIDENTIAL	$413,100	154 ft
4524 PORTLAND AVE MINNEAPOLIS MN 55407	BRITTANY ROSE BURNS	RESIDENTIAL	$438,600	157 ft

Property History

Most Recent Sale

Date202407

Price$300,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,400