2205 5TH ST N E MINNEAPOLIS MN 55418

PID: 1102924310122

Property Overview

Parcel ID1102924310122

Lot Size6,813 sq ft (0.156 ac)

Lot Dimensions (est.)124 ft wide × 55 ft deep

Year Built2017

Property ClassRESIDENTIAL

OwnerMELISSA SURDYK/DANIEL SCOTT

Assessed Value$639,000

Land Value$134,000

Building Value$505,000

Annual Tax$10,381

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

9 permits on record since 2017 · $279K total declared value · Most recent: Dec 2020 (res)

ResDec 2020Closed

All Ways Plumbing Inc

ResNov 2020Closed

All Ways Plumbing Inc

NewresMay 2018Closed

$5K

Patton Heating And Air Conditioning Inc

NewresMar 2018Closed

$16K

K & S Heating Air Conditioning & Plumbing Inc

TempheatMar 2018Closed

Patton Heating And Air Conditioning Inc

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width45 ft

Buildable depth84 ft

Area~3,773 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 3,773 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2215 5TH ST N E MINNEAPOLIS MN 55418	A KREMER & C KREMER TRUSTEES	RESIDENTIAL-TWO UNIT	$318,700	55 ft
501 22ND AVE N E MINNEAPOLIS MN 55418	SUSANNAH DODGE	RESIDENTIAL-TWO UNIT	$376,600	55 ft
2217 5TH ST N E MINNEAPOLIS MN 55418	ANATOL MACIEJNY	RESIDENTIAL	$341,000	110 ft
2206 6TH ST N E MINNEAPOLIS MN 55418	MICHAEL R ROBINSON	RESIDENTIAL-TWO UNIT	$424,500	124 ft
2204 6TH ST N E MINNEAPOLIS MN 55418	REID CHRISTIANSON ET AL	RESIDENTIAL-TWO UNIT	$320,600	135 ft
2212 6TH ST N E MINNEAPOLIS MN 55418	PARK AVE HOMES LLC	LOW INCOME RENTAL	$311,600	135 ft
2218 6TH ST N E MINNEAPOLIS MN 55418	W W WALLACEIII/E J WALLACE	RESIDENTIAL	$285,300	165 ft
2223 5TH ST N E MINNEAPOLIS MN 55418	MARK R SAFFORD	RESIDENTIAL-TWO UNIT	$359,700	165 ft
2121 5TH ST N E MINNEAPOLIS MN 55418	J T TRAN/A T PHAN/K TRAN	RESIDENTIAL	$309,000	176 ft
2208 5TH ST N E MINNEAPOLIS MN 55418	ARIANNA M APPLEWHITE	RESIDENTIAL	$374,900	189 ft

Property History

Most Recent Sale

Date201704

Price$115,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$10,381