5031 WOODLAWN BLVD MINNEAPOLIS MN 55417

PID: 1302824420043

Property Overview

Parcel ID1302824420043

Lot Size5,035 sq ft (0.116 ac)

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

Year Built1928

Property ClassRESIDENTIAL

OwnerD HERZOG & V HERZOG

Assessed Value$476,800

Land Value$240,000

Building Value$236,800

Annual Tax$7,303

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Permit History

4 permits on record since 2020 · $7K total declared value · Most recent: Apr 2022 (res)

ResApr 2022Closed

Ron the Sewer Rat Inc

RemodelMar 2022Expired

$7K

Daniel Herzog

ExistresApr 2021Closed

Ray N Welter Heating Co

ResJun 2020Closed

CenterPoint Energy Resource Corp

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Keewaydin · 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

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 width30 ft

Buildable depth86 ft

Area~2,574 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 2,574 sqft buildable area.

Est. units

Yield on cost

3.2%

Spread

-2.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5035 WOODLAWN BLVD MINNEAPOLIS MN 55417	PRATIBHA GUPTA	RESIDENTIAL	$479,200	40 ft
5027 WOODLAWN BLVD MINNEAPOLIS MN 55417	R S PINER & A G PINER	RESIDENTIAL	$585,300	43 ft
5041 WOODLAWN BLVD MINNEAPOLIS MN 55417	B BROTHERS & D DOHRMANN	RESIDENTIAL	$501,100	80 ft
5023 WOODLAWN BLVD MINNEAPOLIS MN 55417	JAMES Q FLAHERTY ETAL	RESIDENTIAL	$514,500	88 ft
5045 WOODLAWN BLVD MINNEAPOLIS MN 55417	G S PETERSON & S K PETERSON	RESIDENTIAL	$476,100	120 ft
5019 WOODLAWN BLVD MINNEAPOLIS MN 55417	BARBARA A DORLAND	RESIDENTIAL	$463,400	130 ft
5034 28TH AVE S MINNEAPOLIS MN 55417	A KONIGSMARK & S SWEERIN	RESIDENTIAL-TWO UNIT	$439,500	142 ft
5030 28TH AVE S MINNEAPOLIS MN 55417	A M SCHOTT & A FROEHLICH	RESIDENTIAL	$412,100	148 ft
5040 28TH AVE S MINNEAPOLIS MN 55417	S E HOPPE & P J HOPPE	RESIDENTIAL	$438,500	157 ft
5049 WOODLAWN BLVD MINNEAPOLIS MN 55417	E MCHUGH & S M JOHNSON	RESIDENTIAL	$489,500	160 ft

Property History

Most Recent Sale

Date201708

Price$394,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,303