4517 5TH AVE S MINNEAPOLIS MN 55419

PID: 1002824440203

Property Overview

Parcel ID1002824440203

Lot Size9,551 sq ft (0.219 ac)

Lot Dimensions (est.)120 ft wide × 80 ft deep

Year Built1965

Property ClassRESIDENTIAL

OwnerELPIDIO HERRERA

Assessed Value$317,000

Land Value$142,000

Building Value$175,000

Annual Tax$4,889

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

No permits found in Minneapolis open data for this parcel.

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

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width70 ft

Buildable depth79 ft

Area~5,553 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 5,553 sqft buildable area.

Est. units

Yield on cost

2.8%

Spread

-2.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4525 5TH AVE S MINNEAPOLIS MN 55419	JOHN R SHOTTON	RESIDENTIAL	$303,800	60 ft
4515 5TH AVE S MINNEAPOLIS MN 55419	KC PROPERTIES 38-5 LLC	RESIDENTIAL-TWO UNIT	$472,400	60 ft
4529 5TH AVE S MINNEAPOLIS MN 55419	PILAR ORTIZ DE HERRERA ET AL	RESIDENTIAL	$264,000	100 ft
4509 5TH AVE S MINNEAPOLIS MN 55419	OSMAN ADAN/MOHAMED OSMAN ALI	RESIDENTIAL	$259,100	100 ft
4520 PORTLAND AVE MINNEAPOLIS MN 55407	HECTOR A RUELAS/ROCIO CHAVEZ	RESIDENTIAL	$285,700	134 ft
4516 PORTLAND AVE MINNEAPOLIS MN 55407	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	135 ft
4533 5TH AVE S MINNEAPOLIS MN 55419	P H AVILA & C M R HERRERA	RESIDENTIAL	$285,300	140 ft
4524 PORTLAND AVE MINNEAPOLIS MN 55407	BRITTANY ROSE BURNS	RESIDENTIAL	$438,600	145 ft
4512 PORTLAND AVE MINNEAPOLIS MN 55407	KYLE WEHNES/MARIE REGALA	RESIDENTIAL	$361,200	147 ft
501 45TH ST E MINNEAPOLIS MN 55419	CARLOS SALDANA	RESIDENTIAL	$387,100	158 ft

Property History

Most Recent Sale

Date200411

Price$211,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,889