5009 15TH AVE S MINNEAPOLIS MN 55417

PID: 1402824420028

Property Overview

Parcel ID1402824420028

Lot Size4,937 sq ft (0.113 ac)

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

Year Built1937

Property ClassRESIDENTIAL

OwnerGRACE PARKS & JEFF PARKS

Assessed Value$482,800

Land Value$215,000

Building Value$267,800

Annual Tax$7,402

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

8 permits on record since 2021 · $58K total declared value · Most recent: Apr 2026 (existres)

ExistresApr 2026Final Inspection

Binder Heating and Air Conditioning Inc

ResMar 2026Inspection

CenterPoint Energy Resource Corp

ResMar 2026Final Inspection

Northeast Plumbing Inc

ExistresFeb 2026Final Inspection

Binder Heating and Air Conditioning Inc

RemodelNov 2025Inspection

$30K

Jeff parks

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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 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~2,502 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 2,502 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5015 15TH AVE S MINNEAPOLIS MN 55417	ROLLINGS-LAIRD REVOC FAM TR	RESIDENTIAL	$444,400	40 ft
1505 50TH ST E MINNEAPOLIS MN 55417	KEITH LAWRENCE & KELLY NESS	RESIDENTIAL	$418,200	46 ft
5017 15TH AVE S MINNEAPOLIS MN 55417	T A SCHULTZ & A L ELLINGHAM	RESIDENTIAL	$431,700	80 ft
5021 15TH AVE S MINNEAPOLIS MN 55417	L J MURRAY & J A HUEBENER	RESIDENTIAL	$479,100	120 ft
5008 BLOOMINGTON AVE MINNEAPOLIS MN 55417	LEANNE R PEARSON	RESIDENTIAL-TWO UNIT	$511,300	137 ft
5012 BLOOMINGTON AVE MINNEAPOLIS MN 55417	CAROL J BRENNER	RESIDENTIAL-TWO UNIT	$423,100	143 ft
5000 BLOOMINGTON AVE MINNEAPOLIS MN 55417	MAUREEN KRANZ	RESIDENTIAL-TWO UNIT	$594,600	153 ft
5016 BLOOMINGTON AVE MINNEAPOLIS MN 55417	J B CAPRA & L C TOFTNER	RESIDENTIAL	$365,800	158 ft
5025 15TH AVE S MINNEAPOLIS MN 55417	D J & L FREVERT	RESIDENTIAL	$396,500	160 ft
5020 BLOOMINGTON AVE MINNEAPOLIS MN 55417	LYNN D ZHULKIE	RESIDENTIAL	$398,400	182 ft

Property History

Most Recent Sale

Date202505

Price$678,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,402