5040 CAMDEN AVE N MINNEAPOLIS MN 55430

PID: 1211821130024

Property Overview

Parcel ID1211821130024

Lot Size6,352 sq ft (0.146 ac)

Lot Dimensions (est.)127 ft wide × 50 ft deep

Year Built1950

Property Class—

OwnerCITY OF LAKES COMM LAND TRST

Assessed Value$263,900

Land Value$46,000

Building Value$217,900

Annual Tax$2,799

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

3 permits on record since 2016 · $11K total declared value · Most recent: Aug 2024 (misc)

MiscAug 2024Closed

$11K

LEGACY RESTORATION LLC

ResMar 2024Closed

CenterPoint Energy Resource Corp

ExistresDec 2016Closed

ANDERSON'S RESIDENTIAL HEATING AND A / C

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 width40 ft

Buildable depth87 ft

Area~3,480 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 3,480 sqft buildable area.

Est. units

Yield on cost

2.3%

Spread

-3.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5044 CAMDEN AVE N MINNEAPOLIS MN 55430	VILAI HER	RESIDENTIAL	$195,400	49 ft
5036 CAMDEN AVE N MINNEAPOLIS MN 55430	S PATRICK & B PALMER	RESIDENTIAL	$242,600	50 ft
5032 CAMDEN AVE N MINNEAPOLIS MN 55430	W D JONES II/S J AMAL-JONES	RESIDENTIAL	$257,000	100 ft
5041 6TH ST N MINNEAPOLIS MN 55430	CASEY & DANIEL C STRACK	RESIDENTIAL	$261,700	140 ft
5045 6TH ST N MINNEAPOLIS MN 55430	JENNY LEE	RESIDENTIAL	$194,300	148 ft
5100 CAMDEN AVE N MINNEAPOLIS MN 55430	P & N PROPERTIES LLC	RESIDENTIAL	$251,800	150 ft
5037 6TH ST N MINNEAPOLIS MN 55430	K L KOVALL & D KOVALL	RESIDENTIAL	$254,400	150 ft
5028 CAMDEN AVE N MINNEAPOLIS MN 55430	A BERZANSKY & M BERZANSKY	RESIDENTIAL	$238,400	150 ft
5033 6TH ST N MINNEAPOLIS MN 55430	DERICK LANNERS	RESIDENTIAL	$163,900	173 ft
5104 CAMDEN AVE N MINNEAPOLIS MN 55430	US BANK NATIONAL ASSOCIATION	RESIDENTIAL	$137,500	184 ft

Property History

Most Recent Sale

Date201509

Price$60,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,799