5219 FREMONT AVE N MINNEAPOLIS MN 55430

PID: 1211821220083

Property Overview

Parcel ID1211821220083

Lot Size5,135 sq ft (0.118 ac)

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

Year Built1950

Property ClassRESIDENTIAL

OwnerBISMUTH BRIDGE PROPCO LLC

Assessed Value$194,000

Land Value$42,000

Building Value$152,000

Annual Tax$4,554

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

2 permits on record since 2022 · $2K total declared value · Most recent: Jul 2023 (res)

ResJul 2023Closed

MN Plumbing & Home Services INC

MiscJul 2022Closed

$2K

MASTERY BUILDERS INC

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 depth88 ft

Area~2,651 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 2,651 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
5223 FREMONT AVE N MINNEAPOLIS MN 55430	NOU THAO	RESIDENTIAL	$256,000	40 ft
5211 FREMONT AVE N MINNEAPOLIS MN 55430	EMILY JANE HOPPENWORTH	RESIDENTIAL	$253,300	49 ft
5227 FREMONT AVE N MINNEAPOLIS MN 55430	MICHAEL C PHILLIPS	RESIDENTIAL	$155,400	80 ft
5205 FREMONT AVE N MINNEAPOLIS MN 55430	MARCO PANORA	RESIDENTIAL	$180,300	103 ft
5229 FREMONT AVE N MINNEAPOLIS MN 55430	LIZETT CARAVAJO	RESIDENTIAL	$194,300	120 ft
5218 GIRARD AVE N MINNEAPOLIS MN 55430	THOMAS L DERUS	RESIDENTIAL	$214,600	142 ft
5222 GIRARD AVE N MINNEAPOLIS MN 55430	HOWARD HUDSON	RESIDENTIAL	$173,100	147 ft
5201 FREMONT AVE N MINNEAPOLIS MN 55430	KURT JOHNSON	RESIDENTIAL	$232,000	153 ft
5214 GIRARD AVE N MINNEAPOLIS MN 55430	YENG VANG & NAO Y VANG	RESIDENTIAL	$309,000	154 ft
5233 FREMONT AVE N MINNEAPOLIS MN 55430	TONY SATTERLUND	RESIDENTIAL	$219,300	160 ft

Property History

Most Recent Sale

Date202212

Price$240,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,554