5142 HUMBOLDT AVE N MINNEAPOLIS MN 55430

PID: 1211821220225

Property Overview

Parcel ID1211821220225

Lot Size4,707 sq ft (0.108 ac)

Lot Dimensions (est.)111 ft wide × 43 ft deep

Year Built2002

Property ClassRESIDENTIAL

OwnerKATIE MARIE HEDLUND MILLER

Assessed Value$287,500

Land Value$43,000

Building Value$244,500

Annual Tax$4,160

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

3 permits on record since 2002 · $294K total declared value · Most recent: Dec 2025 (res)

ResDec 2025Closed

Urban Pine Plumbing and Mechanical Inc

ExistresJun 2022Closed

CENTERPOINT ENERGY

BinbSep 2002

$294K

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 depth69 ft

Area~2,301 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 2,301 sqft buildable area.

Est. units

Yield on cost

4.1%

Spread

-1.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5146 HUMBOLDT AVE N MINNEAPOLIS MN 55430	DONZELL DIXSON & L DIXSON	RESIDENTIAL	$321,000	43 ft
5138 HUMBOLDT AVE N MINNEAPOLIS MN 55430	CHRISTINA MONSON	RESIDENTIAL	$327,600	43 ft
5150 HUMBOLDT AVE N MINNEAPOLIS MN 55430	TICARA D THOMAS	RESIDENTIAL	$321,600	85 ft
5134 HUMBOLDT AVE N MINNEAPOLIS MN 55430	LAKEESHA M JONES REV TRUST	RESIDENTIAL	$340,700	85 ft
5154 HUMBOLDT AVE N MINNEAPOLIS MN 55430	D A RUSSELL JR & M RUSSELL	RESIDENTIAL	$317,700	128 ft
5130 HUMBOLDT AVE N MINNEAPOLIS MN 55430	IRIS KIM NGUYEN & TAM LUONG	RESIDENTIAL	$333,200	128 ft
5143 GIRARD AVE N MINNEAPOLIS MN 55430	KRISTOPHER PFLIPSEN	RESIDENTIAL	$193,800	133 ft
5139 GIRARD AVE N MINNEAPOLIS MN 55430	DARLENE J POSZ	RESIDENTIAL	$191,000	137 ft
5147 GIRARD AVE N MINNEAPOLIS MN 55430	JONATHAN RAMALES ALVAREZ	RESIDENTIAL	$216,300	140 ft
5151 GIRARD AVE N MINNEAPOLIS MN 55430	ERIN E MCDANIEL	RESIDENTIAL	$246,100	158 ft

Property History

Most Recent Sale

Date200305

Price$242,925

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,160