5356 PARK AVE MINNEAPOLIS MN 55417

PID: 1402824330106

Property Overview

Parcel ID1402824330106

Lot Size5,199 sq ft (0.119 ac)

Lot Dimensions (est.)130 ft wide × 40 ft deep

Year Built1932

Property ClassRESIDENTIAL

OwnerDANIEL MCPEAK & SARAH MCPEAK

Assessed Value$518,300

Land Value$151,000

Building Value$367,300

Annual Tax$8,057

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

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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width117 ft

Buildable depth0 ft

Area~2,430 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 2,430 sqft buildable area.

Est. units

Yield on cost

2.8%

Spread

-2.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5352 PARK AVE MINNEAPOLIS MN 55417	C A DIROSE & M D DIROSE	RESIDENTIAL	$416,700	40 ft
5348 PARK AVE MINNEAPOLIS MN 55417	JAMES A LASS & WIFE	RESIDENTIAL	$457,800	87 ft
624 54TH ST E MINNEAPOLIS MN 55417	KEITH A INGLIS	RESIDENTIAL	$485,900	102 ft
5400 PARK AVE MINNEAPOLIS MN 55417	B S EDWARDS/J F EDWARDS	RESIDENTIAL	$500,800	115 ft
5344 PARK AVE MINNEAPOLIS MN 55417	S L FORSBERG & D G ANDERSON	RESIDENTIAL	$488,000	125 ft
5340 PARK AVE MINNEAPOLIS MN 55417	J S NELSON & M W NELSON	RESIDENTIAL	$509,300	164 ft
5404 PARK AVE MINNEAPOLIS MN 55417	A J COX & A M O COX	RESIDENTIAL	$546,300	164 ft
5336 PARK AVE MINNEAPOLIS MN 55417	MARTIN R & AMY J CLOUGH	RESIDENTIAL	$488,900	203 ft
5408 PARK AVE MINNEAPOLIS MN 55417	JEFF T HENNING-SMITH ET AL	RESIDENTIAL	$524,200	214 ft
5357 PARK AVE MINNEAPOLIS MN 55417	TONY SAVAGE	RESIDENTIAL	$362,700	224 ft

Property History

Most Recent Sale

Date202001

Price$399,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,057