5353 PARK AVE MINNEAPOLIS MN 55417

PID: 1402824330137

Property Overview

Parcel ID1402824330137

Lot Size4,759 sq ft (0.109 ac)

Lot Dimensions (est.)119 ft wide × 40 ft deep

Year Built1940

Property ClassRESIDENTIAL

OwnerJ J & K C MCKENZIE

Assessed Value$448,900

Land Value$151,000

Building Value$297,900

Annual Tax$6,837

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth79 ft

Area~2,369 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 2,369 sqft buildable area.

Est. units

Yield on cost

1.4%

Spread

-4.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5357 PARK AVE MINNEAPOLIS MN 55417	TONY SAVAGE	RESIDENTIAL	$362,700	40 ft
5349 PARK AVE MINNEAPOLIS MN 55417	B M DECKER & M DECKER	RESIDENTIAL	$414,300	40 ft
5345 PARK AVE MINNEAPOLIS MN 55417	JESSICA A HOIDA	RESIDENTIAL	$404,000	80 ft
5341 PARK AVE MINNEAPOLIS MN 55417	MEGAN B & CHRISTOPHER BLUMA	RESIDENTIAL	$402,500	120 ft
5352 COLUMBUS AVE MINNEAPOLIS MN 55417	CHAD PARSLOW & WEI SONG	RESIDENTIAL	$511,200	133 ft
5356 COLUMBUS AVE MINNEAPOLIS MN 55417	CHRISTOPHER & ANN MATTHEWS	RESIDENTIAL	$822,500	138 ft
5348 COLUMBUS AVE MINNEAPOLIS MN 55417	CHAU BAO NGUYEN JOHNSON	RESIDENTIAL	$506,500	139 ft
5401 PARK AVE MINNEAPOLIS MN 55417	GREG HOLMES & ELSA SCHEIE	RESIDENTIAL	$502,000	151 ft
5344 COLUMBUS AVE MINNEAPOLIS MN 55417	HUNTER DOYLE & CLAIRE WEVER	RESIDENTIAL	$372,000	155 ft
5337 PARK AVE MINNEAPOLIS MN 55417	MATTHEW & SAMANTHA CHYBOWSKI	RESIDENTIAL	$537,000	160 ft

Property History

Most Recent Sale

Date198604

Price$82,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$6,837