5115 15TH AVE S MINNEAPOLIS MN 55417

PID: 1402824420222

Property Overview

Parcel ID1402824420222

Lot Size4,927 sq ft (0.113 ac)

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

Year Built1927

Property ClassRESIDENTIAL

OwnerP M HARTZHEIM & N A RADDER

Assessed Value$407,400

Land Value$195,000

Building Value$212,400

Annual Tax$6,144

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2021 · $13K total declared value · Most recent: Jul 2025 (existres)

ExistresJul 2025Inspection

Professional Mechanical Services LLC

ExistresFeb 2021Closed

TEAM MECHANICAL INC

ResFeb 2021Closed

GRABOW PLUMBING INC

RemodelJan 2021Closed

$13K

SYLVESTRE CONSTRUCTION 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

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~2,495 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 2,495 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
5117 15TH AVE S MINNEAPOLIS MN 55417	PATRICK COVENEY/LEAH COVENEY	RESIDENTIAL	$555,400	40 ft
5109 15TH AVE S MINNEAPOLIS MN 55417	A L BROWNE & L A BOWDEN	RESIDENTIAL	$671,000	40 ft
5121 15TH AVE S MINNEAPOLIS MN 55417	Z B DESAUTELS/C B DESAUTELS	RESIDENTIAL	$511,500	80 ft
5105 15TH AVE S MINNEAPOLIS MN 55417	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	80 ft
5125 15TH AVE S MINNEAPOLIS MN 55417	ANDREW VERDIN ET AL	RESIDENTIAL	$466,700	120 ft
5101 15TH AVE S MINNEAPOLIS MN 55417	SUSAN R HAMBLIN	RESIDENTIAL	$363,900	120 ft
5112 BLOOMINGTON AVE MINNEAPOLIS MN 55417	L OZDOWSKI & K OZDOWSKI	RESIDENTIAL	$418,500	137 ft
5116 BLOOMINGTON AVE MINNEAPOLIS MN 55417	HUGO MERCADO-TEJADA	RESIDENTIAL	$309,000	142 ft
5108 BLOOMINGTON AVE MINNEAPOLIS MN 55417	CARLA A MCCARROLL	RESIDENTIAL-TWO UNIT	$433,900	143 ft
5120 BLOOMINGTON AVE MINNEAPOLIS MN 55417	CAROLINE WIEMAN TRUST	RESIDENTIAL	$384,400	158 ft

Property History

Most Recent Sale

Date201603

Price$301,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,144