5130 HUMBOLDT AVE N MINNEAPOLIS MN 55430

PID: 1211821220228

Property Overview

Parcel ID1211821220228

Lot Size5,013 sq ft (0.115 ac)

Lot Dimensions (est.)120 ft wide × 42 ft deep

Year Built2003

Property ClassRESIDENTIAL

OwnerIRIS KIM NGUYEN & TAM LUONG

Assessed Value$333,200

Land Value$44,000

Building Value$289,200

Annual Tax$4,925

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

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 depth77 ft

Area~2,532 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 2,532 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5134 HUMBOLDT AVE N MINNEAPOLIS MN 55430	LAKEESHA M JONES REV TRUST	RESIDENTIAL	$340,700	43 ft
5126 HUMBOLDT AVE N MINNEAPOLIS MN 55430	NICOLE BRIDGES	RESIDENTIAL	$326,700	43 ft
5138 HUMBOLDT AVE N MINNEAPOLIS MN 55430	CHRISTINA MONSON	RESIDENTIAL	$327,600	85 ft
5116 HUMBOLDT AVE N MINNEAPOLIS MN 55430	TRENA ALBRITTON	RESIDENTIAL	$354,000	86 ft
5142 HUMBOLDT AVE N MINNEAPOLIS MN 55430	KATIE MARIE HEDLUND MILLER	RESIDENTIAL	$287,500	128 ft
5112 HUMBOLDT AVE N MINNEAPOLIS MN 55430	SHANNON C STANCHFIELD	RESIDENTIAL	$393,300	128 ft
5127 GIRARD AVE N MINNEAPOLIS MN 55430	SANKORE SING	RESIDENTIAL	$272,400	139 ft
5133 GIRARD AVE N MINNEAPOLIS MN 55430	H LETOFSKY & A BOAKYE	RESIDENTIAL	$228,300	140 ft
5117 GIRARD AVE N MINNEAPOLIS MN 55430	DAVID SANDERS	RESIDENTIAL	$187,600	153 ft
5139 GIRARD AVE N MINNEAPOLIS MN 55430	DARLENE J POSZ	RESIDENTIAL	$191,000	165 ft

Property History

Most Recent Sale

Date200806

Price$193,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,925