5016 28TH AVE S MINNEAPOLIS MN 55417

PID: 1302824420053

Property Overview

Parcel ID1302824420053

Lot Size5,296 sq ft (0.122 ac)

Lot Dimensions (est.)108 ft wide × 49 ft deep

Year Built1948

Property ClassRESIDENTIAL

OwnerE L GARRISON/W S GARRISON

Assessed Value$335,700

Land Value$127,000

Building Value$208,700

Annual Tax$5,177

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

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

RM1Residence Goods and Services

Residential Mixed-Use 1 — low-density mixed residential

Typical Uses

·Apartments
·Townhomes
·Neighborhood-scale retail on ground floor

Max Height45 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width42 ft

Buildable depth62 ft

Area~2,572 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 2,572 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5020 28TH AVE S MINNEAPOLIS MN 55417	DEBORAH A HUDLESTON	RESIDENTIAL	$449,800	49 ft
5010 28TH AVE S MINNEAPOLIS MN 55417	ALEX MAIER/HEATHER ESPERSEN	RESIDENTIAL	$301,200	58 ft
5024 28TH AVE S MINNEAPOLIS MN 55417	S G CUE & K A WEGLER	RESIDENTIAL	$455,200	92 ft
5011 WOODLAWN BLVD MINNEAPOLIS MN 55417	JENNIFER LENZ & BRIAN DEPPE	RESIDENTIAL	$437,400	116 ft
5015 WOODLAWN BLVD MINNEAPOLIS MN 55417	A BERTOK & A BERTOK	RESIDENTIAL	$497,200	122 ft
5009 WOODLAWN BLVD MINNEAPOLIS MN 55417	NATHAN MEUER/MICHELLE MEUER	RESIDENTIAL	$518,400	130 ft
5030 28TH AVE S MINNEAPOLIS MN 55417	A M SCHOTT & A FROEHLICH	RESIDENTIAL	$412,100	132 ft
5019 WOODLAWN BLVD MINNEAPOLIS MN 55417	BARBARA A DORLAND	RESIDENTIAL	$463,400	144 ft
5005 WOODLAWN BLVD MINNEAPOLIS MN 55417	E P & P J SALLMEN	RESIDENTIAL	$416,700	157 ft
5023 WOODLAWN BLVD MINNEAPOLIS MN 55417	JAMES Q FLAHERTY ETAL	RESIDENTIAL	$514,500	171 ft

Property History

Most Recent Sale

Date202305

Price$345,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,177