5121 18TH AVE S MINNEAPOLIS MN 55417

PID: 1402824410219

Property Overview

Parcel ID1402824410219

Lot Size4,930 sq ft (0.113 ac)

Lot Dimensions (est.)123 ft wide × 40 ft deep

Year Built1927

Property ClassRESIDENTIAL

OwnerD J MCKIGNEY/C M O MCKIGNEY

Assessed Value$503,300

Land Value$214,000

Building Value$289,300

Annual Tax$7,752

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

10 permits on record since 2017 · $65K total declared value · Most recent: Jul 2025 (existres)

ExistresJul 2025Closed

Professional Mechanical Services LLC

ResAug 2024Closed

ST PAUL PLUMBING AND HEATING CO INC

ResOct 2021Closed

A Johnson Plumbing Inc

RemodelSep 2021Closed

$15K

CASTLE BUILDING & REMODELING INC

MiscAug 2021Closed

$8K

CASTLE BUILDING & REMODELING INC

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth83 ft

Area~2,497 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 2,497 sqft buildable area.

Est. units

Yield on cost

2.5%

Spread

-3.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5125 18TH AVE S MINNEAPOLIS MN 55417	S J RAMSEY & E G RAMSEY	RESIDENTIAL	$503,400	40 ft
5117 18TH AVE S MINNEAPOLIS MN 55417	M P CASSIDY & K L DEINES	RESIDENTIAL	$491,000	41 ft
5129 18TH AVE S MINNEAPOLIS MN 55417	T K GOEHRING & C K RALLS	RESIDENTIAL	$447,000	80 ft
5115 18TH AVE S MINNEAPOLIS MN 55417	ROSE MARIE LOEHR	RESIDENTIAL	$519,100	82 ft
5133 18TH AVE S MINNEAPOLIS MN 55417	BROOK WALDO & DONALD J WALDO	RESIDENTIAL	$568,500	120 ft
5109 18TH AVE S MINNEAPOLIS MN 55417	SANDRA MARBLE/MICHAEL KOHOUT	RESIDENTIAL	$501,100	133 ft
5120 CEDAR AVE S MINNEAPOLIS MN 55417	SEAN F MOSLEY	RESIDENTIAL	$379,100	137 ft
5124 CEDAR AVE S MINNEAPOLIS MN 55417	LISA BENNETT & JOAN BENNETT	RESIDENTIAL	$424,600	142 ft
5116 CEDAR AVE S MINNEAPOLIS MN 55417	C J SDERSTROM & S M MONAGHAN	RESIDENTIAL	$465,500	143 ft
5112 CEDAR AVE S MINNEAPOLIS MN 55417	RIVER LEAF PROPERTIES LLC	RESIDENTIAL	$364,200	160 ft

Property History

Most Recent Sale

Date200702

Price$335,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,752