1402 50TH AVE N MINNEAPOLIS MN 55430

PID: 1211821230258

Property Overview

Parcel ID1211821230258

Lot Size4,585 sq ft (0.105 ac)

Lot Dimensions (est.)41 ft wide × 111 ft deep

Year Built2006

Property ClassRESIDENTIAL

OwnerR L BAUER & J F KURTZ

Assessed Value$366,100

Land Value$45,000

Building Value$321,100

Annual Tax$5,476

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

2 permits on record since 2023 · $9K total declared value · Most recent: Jul 2023 (misc)

MiscJul 2023Closed

$9K

PRESIDENTIAL CONSTRUCTION INC

ResJun 2023Closed

Genz-Ryan Plumbing and Heating Co

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

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 width31 ft

Buildable depth72 ft

Area~2,227 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 2,227 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1400 50TH AVE N MINNEAPOLIS MN 55430	WILLIAM L WILLIAMS	RESIDENTIAL	$414,900	41 ft
1404 50TH AVE N MINNEAPOLIS MN 55430	PLEASANT A RADFORD JR	RESIDENTIAL	$410,400	43 ft
5013 GIRARD AVE N MINNEAPOLIS MN 55430	SHANEEN D MOORE	RESIDENTIAL	$476,200	92 ft
5004 HUMBOLDT LA N MINNEAPOLIS MN 55430	CAMERON ROY & MICHELE ROY	RESIDENTIAL	$364,000	129 ft
5000 HUMBOLDT LA N MINNEAPOLIS MN 55430	BRIDGE SFR IV BORROWER 3 LLC	RESIDENTIAL	$362,500	132 ft
5017 GIRARD AVE N MINNEAPOLIS MN 55430	MARQUET Z'NAY DEAN	RESIDENTIAL	$431,000	134 ft
5006 HUMBOLDT LA N MINNEAPOLIS MN 55430	ANNIE ARYAVONG	RESIDENTIAL	$339,300	140 ft
1314 50TH AVE N MINNEAPOLIS MN 55430	Y O CLEMENS-BILAIGBAKPU TR	RESIDENTIAL	$369,200	146 ft
5012 HUMBOLDT LA N MINNEAPOLIS MN 55430	JIMMY PATINO JR	RESIDENTIAL	$358,500	164 ft
1403 50TH AVE N MINNEAPOLIS MN 55430	TYLER W HERZOG LYNCH ET AL	RESIDENTIAL	$418,700	172 ft

Property History

Most Recent Sale

Date202008

Price$348,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,476