5029 FREMONT AVE N MINNEAPOLIS MN 55430

PID: 1211821230063

Property Overview

Parcel ID1211821230063

Lot Size5,494 sq ft (0.126 ac)

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

Year Built1950

Property ClassRESIDENTIAL

OwnerJON OLSON & KRISTI OLSON

Assessed Value$196,700

Land Value$44,000

Building Value$152,700

Annual Tax$3,045

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

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~2,901 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 2,901 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
5025 FREMONT AVE N MINNEAPOLIS MN 55430	GAVIN PUGH & CRISHA PUGH	RESIDENTIAL	$170,400	42 ft
5033 FREMONT AVE N MINNEAPOLIS MN 55430	PETER NGUYEN	RESIDENTIAL	$162,000	43 ft
5037 FREMONT AVE N MINNEAPOLIS MN 55430	R CARBAJAL & A GONZALEZ ETAL	RESIDENTIAL	$364,000	85 ft
5021 FREMONT AVE N MINNEAPOLIS MN 55430	HERMAN CAPITAL PTNERS II LLC	RESIDENTIAL	$145,200	85 ft
5017 FREMONT AVE N MINNEAPOLIS MN 55430	JONATHAN HOWSE	RESIDENTIAL	$201,800	127 ft
5041 FREMONT AVE N MINNEAPOLIS MN 55430	TRIO INVESTMENTS LLC	RESIDENTIAL	$175,300	128 ft
5028 GIRARD AVE N MINNEAPOLIS MN 55430	KATHERINE EVERETT	RESIDENTIAL	$170,500	143 ft
5024 GIRARD AVE N MINNEAPOLIS MN 55430	THOMAS D PRICE & ESSIE PRICE	RESIDENTIAL	$187,000	149 ft
5032 GIRARD AVE N MINNEAPOLIS MN 55430	MUSA MOOR	RESIDENTIAL	$294,200	149 ft
5020 GIRARD AVE N MINNEAPOLIS MN 55430	RICHARD RUNDE	RESIDENTIAL	$158,300	166 ft

Property History

Most Recent Sale

Date202106

Price$157,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,045