5251 EMERSON AVE N MINNEAPOLIS MN 55430

PID: 1211821220186

Property Overview

Parcel ID1211821220186

Lot Size5,125 sq ft (0.118 ac)

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

Year Built1991

Property ClassRESIDENTIAL

OwnerSERAFIN MARIN HERNANDEZ

Assessed Value$232,300

Land Value$42,000

Building Value$190,300

Annual Tax$3,292

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~2,643 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 2,643 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
5247 EMERSON AVE N MINNEAPOLIS MN 55430	L DELUNA & M DELUNA	RESIDENTIAL	$227,900	40 ft
5257 EMERSON AVE N MINNEAPOLIS MN 55430	CHIA MOUA	RESIDENTIAL	$314,600	60 ft
5243 EMERSON AVE N MINNEAPOLIS MN 55430	MIRIAH L AUBIN	RESIDENTIAL	$288,800	80 ft
5239 EMERSON AVE N MINNEAPOLIS MN 55430	TAYLOR LIVINGSTON ET AL	RESIDENTIAL	$264,300	130 ft
5248 FREMONT AVE N MINNEAPOLIS MN 55430	MINNESOTA RL EST HLDGS LLC	RESIDENTIAL	$221,100	142 ft
5244 FREMONT AVE N MINNEAPOLIS MN 55430	GABRIELA C MEDINA	RESIDENTIAL	$231,700	147 ft
5252 FREMONT AVE N MINNEAPOLIS MN 55430	THIPPHACHANH KEOMANY LIV TR	RESIDENTIAL	$208,800	147 ft
5240 FREMONT AVE N MINNEAPOLIS MN 55430	DWAYNE MEIER	RESIDENTIAL	$199,200	163 ft
5256 FREMONT AVE N MINNEAPOLIS MN 55430	JONATHAN BAUM & KAITLIN BAUM	RESIDENTIAL	$196,700	163 ft
5301 EMERSON AVE N BROOKLYN CENTER MN 55430	STYLERENO LLC	RESIDENTIAL	$234,400	180 ft

Property History

Most Recent Sale

Date202101

Price$225,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,292