5123 6TH ST N MINNEAPOLIS MN 55430

PID: 1211821120057

Property Overview

Parcel ID1211821120057

Lot Size8,321 sq ft (0.191 ac)

Lot Dimensions (est.)126 ft wide × 66 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerCAG MINNESOTA FUND II LLC

Assessed Value$184,900

Land Value$51,000

Building Value$133,900

Annual Tax$2,862

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

Lind - Bohanon · Minneapolis

Median reported rent1,200/mo

Renter-occupied30.7%

Median home value$219K

Vacancy rate6.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1.02

Market Snapshot

Zip code 55430

Median sale price$285K+3.3% YoY

Median price / sqft$175/sqft

Median days to close36 days

Active listings37

Source: Redfin Data Center (Invalid Date) · Zip 55430

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 width56 ft

Buildable depth86 ft

Area~4,818 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 4,818 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5129 6TH ST N MINNEAPOLIS MN 55430	ZACHARY WILLIAM LETOURNEAU	RESIDENTIAL	$260,900	66 ft
5115 6TH ST N MINNEAPOLIS MN 55430	M P NAGEL & C N R NAGEL	RESIDENTIAL	$279,600	66 ft
5135 6TH ST N MINNEAPOLIS MN 55430	DEANTE MICHAUD	RESIDENTIAL	$280,700	132 ft
5109 6TH ST N MINNEAPOLIS MN 55430	BRADLEY CAMPBELL	RESIDENTIAL	$187,500	132 ft
5120 CAMDEN AVE N MINNEAPOLIS MN 55430	KRISTA M GRABINSKI	RESIDENTIAL	$187,000	144 ft
5124 CAMDEN AVE N MINNEAPOLIS MN 55430	M A VITAL & P A VITAL	RESIDENTIAL	$243,000	146 ft
5116 CAMDEN AVE N MINNEAPOLIS MN 55430	S J BUSHMAKER/R C BUSHMAKER	RESIDENTIAL	$145,000	159 ft
5128 CAMDEN AVE N MINNEAPOLIS MN 55430	S J BUSHMAKER/R C BUSHMAKER	RESIDENTIAL	$219,200	174 ft
5137 6TH ST N MINNEAPOLIS MN 55430	F GALVAN JUAREZ & E C GALVAN	RESIDENTIAL	$205,500	182 ft
5110 CAMDEN AVE N MINNEAPOLIS MN 55430	L G CHAMPAGNE/A T WHITTERS	RESIDENTIAL	$144,800	182 ft

Property History

Most Recent Sale

Date202409

Price$19,032,220

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,862