5015 EMERSON AVE N MINNEAPOLIS MN 55430

PID: 1211821230039

Property Overview

Parcel ID1211821230039

Lot Size5,500 sq ft (0.126 ac)

Lot Dimensions (est.)129 ft wide × 43 ft deep

Year Built1950

Property ClassRESIDENTIAL

OwnerFONG VANG

Assessed Value$243,400

Land Value$44,000

Building Value$199,400

Annual Tax$3,768

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

1 permit on record since 2023 · Most recent: Sep 2023 (res)

ResSep 2023Closed

CenterPoint Energy Resource Corp

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

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 depth88 ft

Area~2,905 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 2,905 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
5019 EMERSON AVE N MINNEAPOLIS MN 55430	J P RICHTER & L M RICHTER	RESIDENTIAL	$222,600	43 ft
5023 EMERSON AVE N MINNEAPOLIS MN 55430	BRIAN MEDENWALDT	RESIDENTIAL	$194,400	85 ft
1204 50TH AVE N MINNEAPOLIS MN 55430	S J WILLIAMS & E WILLIAMS	RESIDENTIAL	$458,400	93 ft
1200 50TH AVE N MINNEAPOLIS MN 55430	J U SARAVIA JR & B N SARAVIA	RESIDENTIAL	$437,800	102 ft
1208 50TH AVE N MINNEAPOLIS MN 55430	K KHANG/Z XIONG/W KHANG	RESIDENTIAL	$390,600	108 ft
5027 EMERSON AVE N MINNEAPOLIS MN 55430	JSW PROPERTIES LLC	RESIDENTIAL	$206,900	128 ft
1210 50TH AVE N MINNEAPOLIS MN 55430	LISA M ESTES	RESIDENTIAL	$408,000	135 ft
5012 FREMONT AVE N MINNEAPOLIS MN 55430	KEVIN WAGNER/DAISHA BLEVINS	RESIDENTIAL	$175,000	143 ft
5016 FREMONT AVE N MINNEAPOLIS MN 55430	IBRAHIM HADZIHASANOVIC	RESIDENTIAL	$156,800	149 ft
5020 FREMONT AVE N MINNEAPOLIS MN 55430	DMR ENTERPRISES	RESIDENTIAL	$153,000	167 ft

Property History

Most Recent Sale

Date201605

Price$145,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,768