5044 GIRARD AVE N MINNEAPOLIS MN 55430

PID: 1211821230082

Property Overview

Parcel ID1211821230082

Lot Size5,489 sq ft (0.126 ac)

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

Year Built1950

Property ClassRESIDENTIAL

OwnerMICHAEL RICHARD FREDRICHS

Assessed Value$169,600

Land Value$43,000

Building Value$126,600

Annual Tax$2,626

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~2,896 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 2,896 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
5048 GIRARD AVE N MINNEAPOLIS MN 55430	CAG MINNESOTA FUND II LLC	RESIDENTIAL	$195,500	42 ft
5040 GIRARD AVE N MINNEAPOLIS MN 55430	DILINI N VILATHGAMUWA ET AL	RESIDENTIAL	$257,000	43 ft
5036 GIRARD AVE N MINNEAPOLIS MN 55430	AMY E LONG	RESIDENTIAL	$185,500	85 ft
5052 GIRARD AVE N MINNEAPOLIS MN 55430	FARTUN MAHAMED MAOW	RESIDENTIAL	$223,000	86 ft
5032 GIRARD AVE N MINNEAPOLIS MN 55430	MUSA MOOR	RESIDENTIAL	$294,200	128 ft
5045 FREMONT AVE N MINNEAPOLIS MN 55430	J C KOZNICK & P M KOZNICK	RESIDENTIAL	$169,000	143 ft
5049 FREMONT AVE N MINNEAPOLIS MN 55430	DONETTE MATTSON	RESIDENTIAL	$150,000	149 ft
5041 FREMONT AVE N MINNEAPOLIS MN 55430	TRIO INVESTMENTS LLC	RESIDENTIAL	$175,300	149 ft
5037 FREMONT AVE N MINNEAPOLIS MN 55430	R CARBAJAL & A GONZALEZ ETAL	RESIDENTIAL	$364,000	166 ft
5053 FREMONT AVE N MINNEAPOLIS MN 55430	5053 FREMONT AVE N TRUST	RESIDENTIAL	$162,000	167 ft

Property History

Most Recent Sale

Date200811

Price$45,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,626