5218 6TH ST N MINNEAPOLIS MN 55430

PID: 1211821120124

Property Overview

Parcel ID1211821120124

Lot Size5,048 sq ft (0.116 ac)

Lot Dimensions (est.)129 ft wide × 39 ft deep

Year Built1962

Property ClassRESIDENTIAL

OwnerPEARL M MARSZALEK ET AL

Assessed Value$233,300

Land Value$42,000

Building Value$191,300

Annual Tax$3,252

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

1 permit on record since 2023 · Most recent: Mar 2023 (existres)

ExistresMar 2023Closed

NORTHERNS ONE HOUR HEATING AND AIR CONDITIONING

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

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 width30 ft

Buildable depth86 ft

Area~6 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Potentially Feasible

Back-of-envelope estimate based on sfr / adu benchmarks for 6 sqft buildable area.

Est. units

Yield on cost

23.3%

Spread

+17.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5214 6TH ST N MINNEAPOLIS MN 55430	LINDA R VANDERPOEL	RESIDENTIAL	$155,100	40 ft
5222 6TH ST N MINNEAPOLIS MN 55430	JEFFREY W CHAMBERLIN	RESIDENTIAL	$191,200	40 ft
5226 6TH ST N MINNEAPOLIS MN 55430	MEGAN GEISEN	RESIDENTIAL	$160,100	80 ft
5210 6TH ST N MINNEAPOLIS MN 55430	LISA LUINENBURG	RESIDENTIAL	$222,300	81 ft
5230 6TH ST N MINNEAPOLIS MN 55430	RECIA CRUTCHER-HUGHES	RESIDENTIAL	$192,800	120 ft
5206 6TH ST N MINNEAPOLIS MN 55430	GREGORY J CHRISTENSEN ET AL	RESIDENTIAL	$198,300	121 ft
5219 4TH ST N MINNEAPOLIS MN 55430	S E KRAFT & T SCHENK	RESIDENTIAL	$137,400	143 ft
5223 4TH ST N MINNEAPOLIS MN 55430	JIMMY LOUIS MOONEY II	RESIDENTIAL	$202,100	148 ft
5215 4TH ST N MINNEAPOLIS MN 55430	JACOB MARIAN & NICOLE SUKOLA	RESIDENTIAL	$221,100	150 ft
5234 6TH ST N MINNEAPOLIS MN 55430	MAHAD ALI & SAQO HERSI	RESIDENTIAL	$244,400	160 ft

Property History

Current Tax Year

Year2026

Tax Due$3,252