5320 PARK AVE MINNEAPOLIS MN 55417

PID: 1402824330096

Property Overview

Parcel ID1402824330096

Lot Size7,999 sq ft (0.184 ac)

Lot Dimensions (est.)200 ft wide × 40 ft deep

Year Built1930

Property ClassRESIDENTIAL

OwnerCANDACE APRIL ANDERSON TRUST

Assessed Value$475,800

Land Value$190,000

Building Value$285,800

Annual Tax$7,286

Environmental Constraints

FloodplainNo

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

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

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 width30 ft

Buildable depth160 ft

Area~4,800 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 4,800 sqft buildable area.

Est. units

Yield on cost

3.0%

Spread

-2.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5316 PARK AVE MINNEAPOLIS MN 55417	P D DE SIBOUR & J M JARETSKY	RESIDENTIAL	$474,300	40 ft
5324 PARK AVE MINNEAPOLIS MN 55417	ERIK VOGE & BRIDGET VOGE	RESIDENTIAL	$429,000	40 ft
5312 PARK AVE MINNEAPOLIS MN 55417	STEVEN T HONG TRUST	RESIDENTIAL	$521,000	80 ft
5328 PARK AVE MINNEAPOLIS MN 55417	T E JOHNSON & C WICKLUND	RESIDENTIAL	$437,500	80 ft
5308 PARK AVE MINNEAPOLIS MN 55417	AVNI PANDYA & JOHN DASSOW	RESIDENTIAL	$481,000	120 ft
5332 PARK AVE MINNEAPOLIS MN 55417	ROSEL T STANGL	RESIDENTIAL	$495,800	120 ft
5304 PARK AVE MINNEAPOLIS MN 55417	S A MCALLISTER & N L HEGNA	RESIDENTIAL	$575,800	160 ft
5336 PARK AVE MINNEAPOLIS MN 55417	MARTIN R & AMY J CLOUGH	RESIDENTIAL	$488,900	160 ft
5300 PARK AVE MINNEAPOLIS MN 55417	JOSH J BATKER & ANN M BATKER	RESIDENTIAL	$631,900	200 ft
5340 PARK AVE MINNEAPOLIS MN 55417	J S NELSON & M W NELSON	RESIDENTIAL	$509,300	200 ft

Property History

Most Recent Sale

Date198707

Price$96,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$7,286