5155 FREMONT AVE N MINNEAPOLIS MN 55430

PID: 1211821220150

Property Overview

Parcel ID1211821220150

Lot Size5,144 sq ft (0.118 ac)

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

Year Built1950

Property ClassRESIDENTIAL

OwnerJORDAN MARTINSON

Assessed Value$205,200

Land Value$42,000

Building Value$163,200

Annual Tax$2,782

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth89 ft

Area~2,658 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 2,658 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
5151 FREMONT AVE N MINNEAPOLIS MN 55430	NANCY COGSWELL	RESIDENTIAL	$231,700	40 ft
5157 FREMONT AVE N MINNEAPOLIS MN 55430	AIDE MENDOZA CRUZ	RESIDENTIAL	$308,900	44 ft
5147 FREMONT AVE N MINNEAPOLIS MN 55430	KRISTEN & JOHN EHLERT	RESIDENTIAL	$214,500	80 ft
5143 FREMONT AVE N MINNEAPOLIS MN 55430	K E JENSEN & M R JENSEN	RESIDENTIAL	$251,400	120 ft
5154 GIRARD AVE N MINNEAPOLIS MN 55430	DAVID R SANDBAKKEN ET AL	RESIDENTIAL	$243,100	142 ft
5150 GIRARD AVE N MINNEAPOLIS MN 55430	NICHOLAS S PALMER	RESIDENTIAL	$237,000	147 ft
5158 GIRARD AVE N MINNEAPOLIS MN 55430	ALEICHIA ROWE	RESIDENTIAL	$237,700	149 ft
5201 FREMONT AVE N MINNEAPOLIS MN 55430	KURT JOHNSON	RESIDENTIAL	$232,000	153 ft
5139 FREMONT AVE N MINNEAPOLIS MN 55430	DAVID MARSHAE WILSON	RESIDENTIAL	$254,000	160 ft
5146 GIRARD AVE N MINNEAPOLIS MN 55430	D ELLINGSON & C ELLINGSON	RESIDENTIAL	$239,300	163 ft

Property History

Most Recent Sale

Date202109

Price$244,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,782