4553 5TH AVE S MINNEAPOLIS MN 55419

PID: 1002824440207

Property Overview

Parcel ID1002824440207

Lot Size9,530 sq ft (0.219 ac)

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

Year Built1993

Property ClassRESIDENTIAL

OwnerS T MILLER & S C MILLER

Assessed Value$322,000

Land Value$112,000

Building Value$210,000

Annual Tax$4,720

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

4 permits on record since 2019 · $73K total declared value · Most recent: Sep 2025 (remodel)

RemodelSep 2025Final Inspection

$8K

GAF Energy LLC

MiscJun 2025Closed

$52K

eRoof LLC

MiscSep 2020Closed

$12K

RENEWAL BY ANDERSEN CORP

ResDec 2019Closed

CHAMPION PLUMBING LLC

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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)10 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width105 ft

Buildable depth40 ft

Area~5,140 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 5,140 sqft buildable area.

Est. units

Yield on cost

4.3%

Spread

-1.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4549 5TH AVE S MINNEAPOLIS MN 55419	C J CANTONI & E A CANTONI	RESIDENTIAL-TWO UNIT	$248,200	60 ft
4545 5TH AVE S MINNEAPOLIS MN 55419	EMILY N GROTH	RESIDENTIAL	$283,400	100 ft
4601 5TH AVE S MINNEAPOLIS MN 55419	JUAN ROJAS ORTIZ	RESIDENTIAL	$347,700	124 ft
4556 PORTLAND AVE MINNEAPOLIS MN 55407	MARK FREDRICKSON	RESIDENTIAL	$269,100	134 ft
4552 PORTLAND AVE MINNEAPOLIS MN 55407	E J UNGER & V R BAERTLEIN	RESIDENTIAL	$272,700	135 ft
4541 5TH AVE S MINNEAPOLIS MN 55419	DIXON ANDREW PETTENGILL	RESIDENTIAL	$224,000	140 ft
4548 PORTLAND AVE MINNEAPOLIS MN 55407	CATHERINE L DUNAWAY TRUST	RESIDENTIAL	$428,100	147 ft
4605 5TH AVE S MINNEAPOLIS MN 55419	STEVEN & MARY MORRISSETTE	RESIDENTIAL	$407,600	161 ft
4544 PORTLAND AVE MINNEAPOLIS MN 55407	M J STEEN & M K JOHNSON	RESIDENTIAL	$331,400	168 ft
4600 PORTLAND AVE MINNEAPOLIS MN 55407	C PROVART & R A PROVART	RESIDENTIAL	$352,000	179 ft

Property History

Most Recent Sale

Date200405

Price$215,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,720