5159 GIRARD AVE N MINNEAPOLIS MN 55430

PID: 1211821220133

Property Overview

Parcel ID1211821220133

Lot Size6,073 sq ft (0.139 ac)

Lot Dimensions (est.)127 ft wide × 48 ft deep

Year Built1950

Property ClassRESIDENTIAL

OwnerLORI HEGDAHL/MATTHEW GRODE

Assessed Value$235,800

Land Value$45,000

Building Value$190,800

Annual Tax$3,265

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

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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width114 ft

Buildable depth8 ft

Area~3,028 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 3,028 sqft buildable area.

Est. units

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5155 GIRARD AVE N MINNEAPOLIS MN 55430	T J KORSMOE & A J KORSMOE	RESIDENTIAL	$242,900	44 ft
5151 GIRARD AVE N MINNEAPOLIS MN 55430	ERIN E MCDANIEL	RESIDENTIAL	$246,100	84 ft
5201 GIRARD AVE N MINNEAPOLIS MN 55430	JERICO GALINDO	RESIDENTIAL	$169,100	104 ft
5147 GIRARD AVE N MINNEAPOLIS MN 55430	JONATHAN RAMALES ALVAREZ	RESIDENTIAL	$216,300	124 ft
5158 HUMBOLDT AVE N MINNEAPOLIS MN 55430	TREVOR BURRELL	RESIDENTIAL	$319,000	136 ft
5154 HUMBOLDT AVE N MINNEAPOLIS MN 55430	D A RUSSELL JR & M RUSSELL	RESIDENTIAL	$317,700	142 ft
5207 GIRARD AVE N MINNEAPOLIS MN 55430	STACY BURKE	RESIDENTIAL	$315,000	144 ft
5150 HUMBOLDT AVE N MINNEAPOLIS MN 55430	TICARA D THOMAS	RESIDENTIAL	$321,600	158 ft
5143 GIRARD AVE N MINNEAPOLIS MN 55430	KRISTOPHER PFLIPSEN	RESIDENTIAL	$193,800	164 ft
5200 HUMBOLDT AVE N MINNEAPOLIS MN 55430	A LEONARD & D LEONARD	RESIDENTIAL	$363,200	177 ft

Property History

Most Recent Sale

Date201011

Price$123,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,265