5048 BLOOMINGTON AVE MINNEAPOLIS MN 55417

PID: 1402824420013

Property Overview

Parcel ID1402824420013

Lot Size4,931 sq ft (0.113 ac)

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

Year Built1925

Property ClassRESIDENTIAL

OwnerPATRICIA A KRIEGLER

Assessed Value$335,900

Land Value$185,000

Building Value$150,900

Annual Tax$4,952

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2017 · $47K total declared value · Most recent: May 2026 (remodel)

RemodelMay 2026Inspection

$4K

Five Star Bath Solutions

MiscJun 2024Closed

$26K

KAUFMAN SHEET METAL ROOFING INC

RemodelMay 2017Closed

$17K

Minnesota Rusco Inc

ResMay 2017Closed

DEN-MARK PLUMBING 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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth83 ft

Area~2,498 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 small multifamily (2–4 units, wood frame) benchmarks for 2,498 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5044 BLOOMINGTON AVE MINNEAPOLIS MN 55417	RYAN VAN THORRE	RESIDENTIAL-TWO UNIT	$476,700	40 ft
5052 BLOOMINGTON AVE MINNEAPOLIS MN 55417	MARIE BROUSEK	RESIDENTIAL	$478,200	40 ft
5040 BLOOMINGTON AVE MINNEAPOLIS MN 55417	SARA CONWAY & KYLE J CONWAY	RESIDENTIAL	$340,900	80 ft
5056 BLOOMINGTON AVE MINNEAPOLIS MN 55417	ABIGAIL JOHNSON	RESIDENTIAL	$419,200	80 ft
5036 BLOOMINGTON AVE MINNEAPOLIS MN 55417	XIONG PROPERTIES L L C	RESIDENTIAL-TWO UNIT	$627,100	120 ft
5049 15TH AVE S MINNEAPOLIS MN 55417	REID A STRAND	RESIDENTIAL	$410,800	137 ft
5053 15TH AVE S MINNEAPOLIS MN 55417	F F MORESCALCHI & J L OLSSON	RESIDENTIAL	$421,100	143 ft
5045 15TH AVE S MINNEAPOLIS MN 55417	J R IVERSON & A R IVERSON	RESIDENTIAL	$443,000	143 ft
5041 15TH AVE S MINNEAPOLIS MN 55417	J D HUTT & H A GAUTHIER	RESIDENTIAL	$484,300	158 ft
5057 15TH AVE S MINNEAPOLIS MN 55417	G J SENDEN & P D RUCHTI	RESIDENTIAL	$413,600	159 ft

Property History

Most Recent Sale

Date199002

Price$68,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,952