5150 HUMBOLDT AVE N MINNEAPOLIS MN 55430

PID: 1211821220223

Property Overview

Parcel ID1211821220223

Lot Size4,805 sq ft (0.110 ac)

Lot Dimensions (est.)114 ft wide × 42 ft deep

Year Built2002

Property ClassRESIDENTIAL

OwnerTICARA D THOMAS

Assessed Value$321,600

Land Value$43,000

Building Value$278,600

Annual Tax$4,688

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2002 · $369K total declared value · Most recent: Apr 2025 (misc)

MiscApr 2025Final Inspection

$17K

Bold North Roofing and Contracting LLC

ExistresJun 2022Closed

Airic's Heating & Air Conditioning Inc

ResJun 2022Closed

DEN-MARK PLUMBING INC

RemodelMay 2022Closed

$30K

NEW FINISH REMODELING AND CONST

BinbAug 2002

$322K

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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width33 ft

Buildable depth72 ft

Area~2,375 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 small multifamily (2–4 units, wood frame) benchmarks for 2,375 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5154 HUMBOLDT AVE N MINNEAPOLIS MN 55430	D A RUSSELL JR & M RUSSELL	RESIDENTIAL	$317,700	42 ft
5146 HUMBOLDT AVE N MINNEAPOLIS MN 55430	DONZELL DIXSON & L DIXSON	RESIDENTIAL	$321,000	43 ft
5142 HUMBOLDT AVE N MINNEAPOLIS MN 55430	KATIE MARIE HEDLUND MILLER	RESIDENTIAL	$287,500	85 ft
5158 HUMBOLDT AVE N MINNEAPOLIS MN 55430	TREVOR BURRELL	RESIDENTIAL	$319,000	86 ft
5138 HUMBOLDT AVE N MINNEAPOLIS MN 55430	CHRISTINA MONSON	RESIDENTIAL	$327,600	128 ft
5151 GIRARD AVE N MINNEAPOLIS MN 55430	ERIN E MCDANIEL	RESIDENTIAL	$246,100	134 ft
5147 GIRARD AVE N MINNEAPOLIS MN 55430	JONATHAN RAMALES ALVAREZ	RESIDENTIAL	$216,300	139 ft
5155 GIRARD AVE N MINNEAPOLIS MN 55430	T J KORSMOE & A J KORSMOE	RESIDENTIAL	$242,900	140 ft
5143 GIRARD AVE N MINNEAPOLIS MN 55430	KRISTOPHER PFLIPSEN	RESIDENTIAL	$193,800	155 ft
5159 GIRARD AVE N MINNEAPOLIS MN 55430	LORI HEGDAHL/MATTHEW GRODE	RESIDENTIAL	$235,800	158 ft

Property History

Most Recent Sale

Date201705

Price$244,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,688