5007 NOKOMIS AVE S MINNEAPOLIS MN 55417

PID: 1302824410027

Property Overview

Parcel ID1302824410027

Lot Size5,047 sq ft (0.116 ac)

Lot Dimensions (est.)126 ft wide × 40 ft deep

Year Built1921

Property ClassRESIDENTIAL

OwnerB C TONER & M K CUNNINGHAM

Assessed Value$315,500

Land Value$140,000

Building Value$175,500

Annual Tax$4,611

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Goods and Services CorridorHigh

On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.

Minneapolis Great Streets ↗

Potential programs

Great Streets Façade Improvement ProgramMedium

Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.

Minneapolis — Facade Improvement Matching Grant ↗

Environmental Response FundMedium

Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.

Minneapolis — Brownfield Grants ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Minneapolis

Median reported rent1,481/mo

Renter-occupied13.7%

Median home value$353K

Vacancy rate3.0%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 118

Market Snapshot

Zip code 55417

Median sale price$371K-4.4% YoY

Median price / sqft$244/sqft

Median days to close34 days

Active listings28

Source: Redfin Data Center (Invalid Date) · Zip 55417

Zoning

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth86 ft

Area~2,585 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 2,585 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5011 NOKOMIS AVE S MINNEAPOLIS MN 55417	ALYSSA M NUGENT	RESIDENTIAL	$274,900	40 ft
3025 50TH ST E MINNEAPOLIS MN 55417	S BONNIWELL & D A BONNIWELL	RESIDENTIAL	$387,200	50 ft
5015 NOKOMIS AVE S MINNEAPOLIS MN 55417	BENJAMIN WHITE	RESIDENTIAL	$401,000	80 ft
5019 NOKOMIS AVE S MINNEAPOLIS MN 55417	PAULA J BARTON LIVING TRUST	RESIDENTIAL	$314,800	120 ft
5006 31ST AVE S MINNEAPOLIS MN 55417	BARBARA DELAGE	RESIDENTIAL	$298,100	140 ft
5010 31ST AVE S MINNEAPOLIS MN 55417	PATRICK MEIER	RESIDENTIAL	$393,700	145 ft
3045 50TH ST E MINNEAPOLIS MN 55417	EDWARD W PARRY III	RESIDENTIAL	$449,100	149 ft
5014 31ST AVE S MINNEAPOLIS MN 55417	SARAH L MAHADY	RESIDENTIAL	$252,700	160 ft
5023 NOKOMIS AVE S MINNEAPOLIS MN 55417	S N CRABTREE ET AL REV TRUST	RESIDENTIAL	$330,600	160 ft
3021 50TH ST E MINNEAPOLIS MN 55417	GINA M GENOVESE	RESIDENTIAL	$310,800	162 ft

Property History

Most Recent Sale

Date201710

Price$286,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,611