5001 18TH AVE S MINNEAPOLIS MN 55417

PID: 1402824410070

Property Overview

Parcel ID1402824410070

Lot Size6,177 sq ft (0.142 ac)

Lot Dimensions (est.)124 ft wide × 50 ft deep

Year Built1935

Property ClassRESIDENTIAL

OwnerROBERT POWERS & LUCY POWERS

Assessed Value$484,500

Land Value$220,000

Building Value$264,500

Annual Tax$7,431

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

8 permits on record since 2017 · $33K total declared value · Most recent: Mar 2026 (res)

ResMar 2026Closed

Warners Stellian Co Inc

RemodelMay 2022Closed

$2K

AFFORDABLE EGRESS WINDOWS & BASEMENT WATERPROOFI

ResJun 2021Closed

Paladin Plumbing LLC

ExistresJun 2021Closed

APOLLO HEATING AND AIR

RemodelJun 2021Closed

$21K

HANSON REMODELING

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

Neighborhood Profile

Hale · Minneapolis

Median reported rent1,991/mo

Renter-occupied11.2%

Median home value$420K

Vacancy rate5.4%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 117.03

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 width111 ft

Buildable depth10 ft

Area~3,090 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 3,090 sqft buildable area.

Est. units

Yield on cost

2.1%

Spread

-3.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5005 18TH AVE S MINNEAPOLIS MN 55417	JACOB P LA LIBERTE ET AL	RESIDENTIAL	$465,200	45 ft
5009 18TH AVE S MINNEAPOLIS MN 55417	COLLEEN R SOVA	RESIDENTIAL	$392,000	85 ft
1800 50TH ST E MINNEAPOLIS MN 55417	ALICE C NORTHRUP TRUST	RESIDENTIAL	$501,600	115 ft
5015 18TH AVE S MINNEAPOLIS MN 55417	LAURA M HERREN	RESIDENTIAL	$462,700	125 ft
5000 CEDAR AVE S MINNEAPOLIS MN 55417	E L VOGEL & A B MARKLETRUST	RESIDENTIAL-TWO UNIT	$511,600	137 ft
5004 CEDAR AVE S MINNEAPOLIS MN 55417	BARBARA RAYE	RESIDENTIAL-TWO UNIT	$476,300	143 ft
5008 CEDAR AVE S MINNEAPOLIS MN 55417	JORGE E TRELLES	RESIDENTIAL	$411,400	161 ft
5017 18TH AVE S MINNEAPOLIS MN 55417	R G FINDLAY & S K FINDLAY	RESIDENTIAL	$463,300	165 ft
4943 18TH AVE S MINNEAPOLIS MN 55417	RYAN HARDT & NICOLE HARDT	RESIDENTIAL	$484,000	169 ft
4946 CEDAR AVE S MINNEAPOLIS MN 55417	L A SEVERSON & A A SEVERSON	RESIDENTIAL	$463,000	178 ft

Property History

Most Recent Sale

Date201807

Price$400,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$7,431