1901 5TH ST N E MINNEAPOLIS MN 55418

PID: 1102924340099

Property Overview

Parcel ID1102924340099

Lot Size4,953 sq ft (0.114 ac)

Lot Dimensions (est.)46 ft wide × 109 ft deep

Year Built1902

Property ClassRESIDENTIAL-TWO UNIT

OwnerPETER SIEVE

Assessed Value$264,500

Land Value$116,000

Building Value$148,500

Annual Tax$4,566

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Area of Concentrated PovertyHigh

In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.

Minneapolis — Affordable Housing Trust Fund ↗

Potential programs

Great Streets Gap FinancingMedium

Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.

Minneapolis Great Streets — Gap Financing ↗

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

Permit History

No permits found in Minneapolis open data for this parcel.

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 width33 ft

Buildable depth69 ft

Area~481 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 481 sqft buildable area.

Est. units

Yield on cost

4.4%

Spread

-1.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
505 19TH AVE N E MINNEAPOLIS MN 55418	MARY E HANLEY	RESIDENTIAL	$182,000	42 ft
509 19TH AVE N E MINNEAPOLIS MN 55418	GRETA ESTHER OLSON	RESIDENTIAL	$219,500	82 ft
1913 5TH ST N E MINNEAPOLIS MN 55418	D J HOCKER & K K HOCKER	RESIDENTIAL-TWO UNIT	$391,500	102 ft
427 19TH AVE N E MINNEAPOLIS MN 55418	ZACHARY A KLESCH	RESIDENTIAL-TWO UNIT	$370,100	121 ft
513 19TH AVE N E MINNEAPOLIS MN 55418	GROCCO CAPITAL LLC	RESIDENTIAL-TWO UNIT	$348,600	122 ft
1827 5TH ST N E MINNEAPOLIS MN 55418	J T GERLACH & G S JOHNSON	RESIDENTIAL-TWO UNIT	$387,700	144 ft
1919 5TH ST N E MINNEAPOLIS MN 55418	MEYER LIVING TRUST	RESIDENTIAL-TWO UNIT	$370,500	150 ft
517 19TH AVE N E MINNEAPOLIS MN 55418	VERA F RICH & LIS A MCHUGH	RESIDENTIAL-TWO UNIT	$302,200	163 ft
1910 5TH ST N E MINNEAPOLIS MN 55418	TIARA FARD	RESIDENTIAL-TWO UNIT	$252,900	169 ft
1821 5TH ST N E MINNEAPOLIS MN 55418	ALISSA TOUSIGNANT	RESIDENTIAL	$282,300	184 ft

Property History

Most Recent Sale

Date201501

Price$280,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,566