2301 5TH ST N E MINNEAPOLIS MN 55418

PID: 1102924310087

Property Overview

Parcel ID1102924310087

Lot Size5,822 sq ft (0.134 ac)

Lot Dimensions (est.)124 ft wide × 47 ft deep

Year Built1923

Property ClassRESIDENTIAL-TWO UNIT

OwnerDVP ONE LLC

Assessed Value$483,500

Land Value$126,000

Building Value$357,500

Annual Tax$9,182

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2018 · $18K total declared value · Most recent: May 2025 (existres)

ExistresMay 2025Closed

Metro Heating & Cooling LLC

ResNov 2023Expired

Warners Stellian Co Inc

MiscNov 2022Expired

$12K

Warner Restoration LLC

MiscMay 2018Closed

$6K

WINDOW WORLD

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

Neighborhood Profile

Holland · Minneapolis

Median reported rent1,204/mo

Renter-occupied56.0%

Median home value$293K

Vacancy rate8.5%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1018

Market Snapshot

Zip code 55418

Median sale price$345K-3.1% YoY

Median price / sqft$222/sqft

Median days to close36 days

Active listings42

Source: Redfin Data Center (Invalid Date) · Zip 55418

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 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.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width111 ft

Buildable depth7 ft

Area~2,851 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 2,851 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
2307 5TH ST N E MINNEAPOLIS MN 55418	CLIFTON PROPERTIES LLC	RESIDENTIAL-TWO UNIT	$274,700	41 ft
2309 5TH ST N E MINNEAPOLIS MN 55418	MARK & LOREEN KELZENBERG	RESIDENTIAL-TWO UNIT	$307,200	83 ft
2229 5TH ST N E MINNEAPOLIS MN 55418	MAVERICK HOLDINGS LLC	APARTMENT	$635,000	117 ft
2302 6TH ST N E MINNEAPOLIS MN 55418	LOWRY CORRIDOR NE LLC	RESIDENTIAL-TWO UNIT	$290,500	124 ft
2306 6TH ST N E MINNEAPOLIS MN 55418	M L WINN & K M HOWES	RESIDENTIAL	$254,400	130 ft
2315 5TH ST N E MINNEAPOLIS MN 55418	KRISTIN MARIE GRAGE TRUST	RESIDENTIAL-TWO UNIT	$364,600	136 ft
2310 6TH ST N E MINNEAPOLIS MN 55418	RACHEL DEERING	RESIDENTIAL	$295,600	148 ft
421 23RD AVE N E MINNEAPOLIS MN 55418	M KELZENBERG & L KELZENBERG	APARTMENT	$585,000	152 ft
2226 6TH ST N E MINNEAPOLIS MN 55418	W YLVISAKER & B YLVISAKER	RESIDENTIAL	$339,400	170 ft
2223 5TH ST N E MINNEAPOLIS MN 55418	MARK R SAFFORD	RESIDENTIAL-TWO UNIT	$359,700	172 ft

Property History

Most Recent Sale

Date202502

Price$562,640

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,182