5012 OAKLAND AVE MINNEAPOLIS MN 55417

PID: 1402824320060

Property Overview

Parcel ID1402824320060

Lot Size7,471 sq ft (0.172 ac)

Lot Dimensions (est.)127 ft wide × 59 ft deep

Year Built1948

Property ClassRESIDENTIAL

OwnerJ N MEYER/L K M MEYER

Assessed Value$513,000

Land Value$187,000

Building Value$326,000

Annual Tax$7,950

Environmental Constraints

FloodplainYes — Zone AE

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

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

Permit History

5 permits on record since 2017 · $10K total declared value · Most recent: Dec 2025 (res)

ResDec 2025Closed

Urban Pine Plumbing and Mechanical Inc

ExistresSep 2021Closed

Home Energy Center Inc

MiscMar 2021Closed

$10K

INCLINE EXTERIORS

ResJun 2017Closed

Norblom Plumbing Co

ResJun 2017Closed

Norblom Plumbing Co

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

Neighborhood Profile

Page · Minneapolis

Median reported rent1,682/mo

Renter-occupied6.3%

Median home value$446K

Vacancy rate4.8%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1116

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

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 width27 ft

Buildable depth162 ft

Area~1,535 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 1,535 sqft buildable area.

Est. units

Yield on cost

1.8%

Spread

-3.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5016 OAKLAND AVE MINNEAPOLIS MN 55417	WILLIAM ALEXANDER DAHLIN	RESIDENTIAL	$437,000	61 ft
625 E MINNEHAHA PKWY MINNEAPOLIS MN 55417	C A HOLM & C J HAIDER	RESIDENTIAL	$660,000	101 ft
617 E MINNEHAHA PKWY MINNEAPOLIS MN 55417	MARY E CASH & DARRELL CASH	RESIDENTIAL	$539,600	116 ft
5024 OAKLAND AVE MINNEAPOLIS MN 55417	K KAUPHUSMAN/Z VACOVSKY	RESIDENTIAL	$563,900	121 ft
5017 PORTLAND AVE MINNEAPOLIS MN 55417	C M SCHWITZER/J P SCHWITZER	RESIDENTIAL	$446,500	134 ft
613 E MINNEHAHA PKWY MINNEAPOLIS MN 55417	SCOTT ALDEN HANSEN	RESIDENTIAL	$439,000	138 ft
5015 PORTLAND AVE MINNEAPOLIS MN 55417	ESSIE JENKINS	RESIDENTIAL	$428,700	139 ft
5021 PORTLAND AVE MINNEAPOLIS MN 55417	M & C F LINARES	RESIDENTIAL	$360,100	143 ft
629 E MINNEHAHA PKWY MINNEAPOLIS MN 55417	RAMONA I ADVANI	RESIDENTIAL	$483,000	151 ft
5025 PORTLAND AVE MINNEAPOLIS MN 55417	J R POLLOWAY & C B STEPHENS	RESIDENTIAL	$339,400	161 ft

Property History

Most Recent Sale

Date202512

Price$505,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,950