1543 53RD ST E MINNEAPOLIS MN 55417

PID: 1402824440069

Property Overview

Parcel ID1402824440069

Lot Size5,171 sq ft (0.119 ac)

Lot Dimensions (est.)56 ft wide × 92 ft deep

Year Built1935

Property ClassRESIDENTIAL

OwnerR J HAHLER & K B HAHLER

Assessed Value$531,700

Land Value$204,000

Building Value$327,700

Annual Tax$8,310

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2020 · $18K total declared value · Most recent: Sep 2025 (existres)

ExistresSep 2025Closed

Pronto Heating & Air Conditioning Inc

MiscAug 2021Closed

$5K

Minnesota Restoration Contractors INC

MiscJun 2021Closed

$7K

Minnesota Restoration Contractors INC

MiscMay 2020Closed

$7K

RENEWAL BY ANDERSEN CORP

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 width40 ft

Buildable depth63 ft

Area~2,658 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 2,658 sqft buildable area.

Est. units

Yield on cost

3.2%

Spread

-2.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1539 53RD ST E MINNEAPOLIS MN 55417	K M HENSCHEL/L M PROCHASKA	RESIDENTIAL	$454,800	42 ft
1547 53RD ST E MINNEAPOLIS MN 55417	RICHARD LEGUS & MARIAH LEGUS	RESIDENTIAL	$547,200	42 ft
1551 53RD ST E MINNEAPOLIS MN 55417	CHARLES A LOES	RESIDENTIAL	$639,800	82 ft
5301 CHATEAU PL MINNEAPOLIS MN 55417	KATHLEEN ALICE HYLAND	RESIDENTIAL	$476,000	85 ft
5315 CHATEAU PL MINNEAPOLIS MN 55417	R E TYBERG & L M TYBERG	RESIDENTIAL	$422,200	116 ft
1609 53RD ST E MINNEAPOLIS MN 55417	K K SHELTON & K K VICKERY	RESIDENTIAL	$470,700	124 ft
5317 CHATEAU PL MINNEAPOLIS MN 55417	NANCY CAIN SOMMERS	RESIDENTIAL	$553,300	142 ft
5240 16TH AVE S MINNEAPOLIS MN 55417	SEAN & JACLYN MARSHALL	RESIDENTIAL	$756,000	149 ft
5321 CHATEAU PL MINNEAPOLIS MN 55417	L L ROTEGARD & N R DOUGHTY	RESIDENTIAL	$551,100	174 ft
1600 53RD ST E MINNEAPOLIS MN 55417	N JOHNSON & V JOHNSON	RESIDENTIAL	$544,800	192 ft

Property History

Most Recent Sale

Date200403

Price$300,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,310