5041 CAMDEN AVE N MINNEAPOLIS MN 55430

PID: 1211821240036

Property Overview

Parcel ID1211821240036

Lot Size6,387 sq ft (0.147 ac)

Lot Dimensions (est.)128 ft wide × 50 ft deep

Year Built1950

Property ClassRESIDENTIAL

OwnerM M & S L NELSON

Assessed Value$223,600

Land Value$46,000

Building Value$177,600

Annual Tax$3,091

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 2024 · $15K total declared value · Most recent: May 2025 (misc)

MiscMay 2025Closed

$15K

ACT Roofing and Restoration Inc

ResMar 2024Closed

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 width40 ft

Buildable depth88 ft

Area~3,508 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 3,508 sqft buildable area.

Est. units

Yield on cost

2.3%

Spread

-3.2%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5045 CAMDEN AVE N MINNEAPOLIS MN 55430	BOBBY ROBERTSON	RESIDENTIAL	$284,200	49 ft
5037 CAMDEN AVE N MINNEAPOLIS MN 55430	DOMINION LEGACY GROUP LLC	RESIDENTIAL	$221,500	50 ft
5033 CAMDEN AVE N MINNEAPOLIS MN 55430	GERSON CALEB ENAMORADO LEIVA	RESIDENTIAL	$213,700	100 ft
5040 ALDRICH AVE N MINNEAPOLIS MN 55430	MARIA CECILIA SANTOS ACERO	RESIDENTIAL	$232,900	141 ft
5029 CAMDEN AVE N MINNEAPOLIS MN 55430	ROY COUGHLIN	RESIDENTIAL	$288,200	150 ft
5036 ALDRICH AVE N MINNEAPOLIS MN 55430	DANIEL JAMES SEVERSON	RESIDENTIAL	$181,500	150 ft
5044 ALDRICH AVE N MINNEAPOLIS MN 55430	SONYA COLLIER	RESIDENTIAL	$228,800	150 ft
5101 CAMDEN AVE N MINNEAPOLIS MN 55430	GENE MCCLURG	RESIDENTIAL	$225,800	150 ft
5032 ALDRICH AVE N MINNEAPOLIS MN 55430	LAURA M MCINTOSH	RESIDENTIAL	$293,900	172 ft
5040 CAMDEN AVE N MINNEAPOLIS MN 55430	CITY OF LAKES COMM LAND TRST	—	$263,900	193 ft

Property History

Most Recent Sale

Date198506

Price$53,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$3,091