5131 FREMONT AVE N MINNEAPOLIS MN 55430

PID: 1211821220156

Property Overview

Parcel ID1211821220156

Lot Size7,729 sq ft (0.177 ac)

Lot Dimensions (est.)128 ft wide × 60 ft deep

Year Built1932

Property ClassRESIDENTIAL

OwnerDONOVAN L WILLIAMSON

Assessed Value$286,400

Land Value$50,000

Building Value$236,400

Annual Tax$4,142

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 2023 · $10K total declared value · Most recent: Jun 2024 (misc)

MiscJun 2024Closed

$10K

LEGACY RESTORATION LLC

ResSep 2023Closed

CenterPoint Energy Resource Corp

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 width50 ft

Buildable depth89 ft

Area~4,438 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 4,438 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5117 FREMONT AVE N MINNEAPOLIS MN 55430	MANA HOLDINGS GROUP LLC	RESIDENTIAL	$177,000	53 ft
5135 FREMONT AVE N MINNEAPOLIS MN 55430	F C LLAPA & R A PALACIOS	RESIDENTIAL	$317,800	60 ft
5113 FREMONT AVE N MINNEAPOLIS MN 55430	YENG LOR	RESIDENTIAL	$214,800	100 ft
5139 FREMONT AVE N MINNEAPOLIS MN 55430	DAVID MARSHAE WILSON	RESIDENTIAL	$254,000	110 ft
5126 GIRARD AVE N MINNEAPOLIS MN 55430	BECKY L GREEN	RESIDENTIAL	$233,500	143 ft
5130 GIRARD AVE N MINNEAPOLIS MN 55430	JOSEPH LAMONZE DIGGS	RESIDENTIAL	$194,700	146 ft
5109 FREMONT AVE N MINNEAPOLIS MN 55430	DEBRA J RAND	RESIDENTIAL	$211,800	146 ft
5143 FREMONT AVE N MINNEAPOLIS MN 55430	K E JENSEN & M R JENSEN	RESIDENTIAL	$251,400	150 ft
5116 GIRARD AVE N MINNEAPOLIS MN 55430	JAMES C OLESCH	RESIDENTIAL	$133,900	152 ft
5134 GIRARD AVE N MINNEAPOLIS MN 55430	ERICA MCCUE & SHONA MCCUE	RESIDENTIAL	$278,000	159 ft

Property History

Most Recent Sale

Date201610

Price$139,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,142