5216 FREMONT AVE N MINNEAPOLIS MN 55430

PID: 1211821220063

Property Overview

Parcel ID1211821220063

Lot Size5,135 sq ft (0.118 ac)

Lot Dimensions (est.)128 ft wide × 40 ft deep

Year Built1950

Property ClassRESIDENTIAL

OwnerGREGORY & LIEZL JENSEN

Assessed Value$261,400

Land Value$42,000

Building Value$219,400

Annual Tax$3,724

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

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 depth88 ft

Area~2,650 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 2,650 sqft buildable area.

Est. units

Yield on cost

3.0%

Spread

-2.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5220 FREMONT AVE N MINNEAPOLIS MN 55430	ANANI AMOU	RESIDENTIAL	$204,800	40 ft
5214 FREMONT AVE N MINNEAPOLIS MN 55430	J D N PENA & V M R NICOLAS	RESIDENTIAL	$252,400	59 ft
5224 FREMONT AVE N MINNEAPOLIS MN 55430	ASHLEY ROBARGE	RESIDENTIAL	$225,400	80 ft
5228 FREMONT AVE N MINNEAPOLIS MN 55430	PAUL W MILLER	RESIDENTIAL	$201,800	120 ft
5204 FREMONT AVE N MINNEAPOLIS MN 55430	STEVEN S ORMAN	RESIDENTIAL	$249,700	138 ft
5219 EMERSON AVE N MINNEAPOLIS MN 55430	EMILY LY	RESIDENTIAL	$227,100	142 ft
5223 EMERSON AVE N MINNEAPOLIS MN 55430	YONNY CORTES CORTES	RESIDENTIAL	$237,400	147 ft
5215 EMERSON AVE N MINNEAPOLIS MN 55430	R ROBINSON & R ROBINSON	RESIDENTIAL	$228,400	149 ft
5234 FREMONT AVE N MINNEAPOLIS MN 55430	DEVARIES DILLARD	RESIDENTIAL	$244,900	160 ft
5227 EMERSON AVE N MINNEAPOLIS MN 55430	HERLEN KAMTANGUE	RESIDENTIAL	$178,900	163 ft

Property History

Most Recent Sale

Date200711

Price$107,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,724