5022 EMERSON AVE N MINNEAPOLIS MN 55430

PID: 1211821230020

Property Overview

Parcel ID1211821230020

Lot Size5,434 sq ft (0.125 ac)

Lot Dimensions (est.)128 ft wide × 43 ft deep

Year Built1949

Property ClassRESIDENTIAL

OwnerLOLA MAY HILL

Assessed Value$238,700

Land Value$43,000

Building Value$195,700

Annual Tax$3,343

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

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 width33 ft

Buildable depth86 ft

Area~2,854 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 2,854 sqft buildable area.

Est. units

Yield on cost

2.8%

Spread

-2.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5018 EMERSON AVE N MINNEAPOLIS MN 55430	J A MOORE & S MOORE	RESIDENTIAL	$238,100	43 ft
5026 EMERSON AVE N MINNEAPOLIS MN 55430	LEE XIONG	RESIDENTIAL	$264,500	43 ft
5014 EMERSON AVE N MINNEAPOLIS MN 55430	DAVIA WRIGHT	RESIDENTIAL	$237,500	85 ft
5030 EMERSON AVE N MINNEAPOLIS MN 55430	H J LOCKETT-EL/J LOCKETT-EL	RESIDENTIAL	$273,800	85 ft
5034 EMERSON AVE N MINNEAPOLIS MN 55430	ALLURE INVESTMENTS LLC	LOW INCOME RENTAL	$218,100	128 ft
5021 DUPONT AVE N MINNEAPOLIS MN 55430	SANDEEP DANI	RESIDENTIAL	$169,300	142 ft
5025 DUPONT AVE N MINNEAPOLIS MN 55430	FRANCES GERDE & BLAKE BUZZO	RESIDENTIAL	$194,800	148 ft
5017 DUPONT AVE N MINNEAPOLIS MN 55430	KARA R FREY	RESIDENTIAL	$175,600	148 ft
5029 DUPONT AVE N MINNEAPOLIS MN 55430	KENNETH D KROPELNICKI	RESIDENTIAL	$156,400	165 ft
5013 DUPONT AVE N MINNEAPOLIS MN 55430	DAVID M & DEBBIE M SELEDIC	RESIDENTIAL	$167,900	165 ft

Property History

Most Recent Sale

Date199406

Price$62,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$3,343