5340 W LAKE NOKOMIS PKWY MINNEAPOLIS MN 55417

PID: 1402824440077

Property Overview

Parcel ID1402824440077

Lot Size6,845 sq ft (0.157 ac)

Lot Dimensions (est.)109 ft wide × 63 ft deep

Year Built1932

Property ClassRESIDENTIAL

OwnerS K DUTCHER & K DUTCHER

Assessed Value$790,000

Land Value$279,000

Building Value$511,000

Annual Tax$13,197

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2004 · $374K total declared value · Most recent: Nov 2025 (misc)

MiscNov 2025Closed

$11K

TRINITY EXTERIORS INC

RemodelJun 2023Expired

$2K

Scott Dutcher

ResMay 2022Closed

Glowing Hearth & Home LLC

ExistresJun 2018Closed

Centraire Heating & Air Conditioning LLC

MiscJun 2018Closed

$2K

WASHEK EXTERIORS 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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width96 ft

Buildable depth23 ft

Area~3,349 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 3,349 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
5336 W LAKE NOKOMIS PKWY MINNEAPOLIS MN 55417	T DOUGHERTY & K DOUGHERTY	RESIDENTIAL	$557,100	58 ft
1542 54TH ST E MINNEAPOLIS MN 55417	AMY M ABRAHAM ET AL	RESIDENTIAL	$423,200	89 ft
5332 W LAKE NOKOMIS PKWY MINNEAPOLIS MN 55417	AMY L STRABALA	RESIDENTIAL	$606,300	108 ft
1538 54TH ST E MINNEAPOLIS MN 55417	D J WOOD & S A PERLEBERG	RESIDENTIAL	$543,600	137 ft
5328 W LAKE NOKOMIS PKWY MINNEAPOLIS MN 55417	AARON P GREY & JAKE L GREY	RESIDENTIAL	$642,800	158 ft
1534 54TH ST E MINNEAPOLIS MN 55417	NEAL & KAREN ANN ST ANTHONY	RESIDENTIAL	$583,400	187 ft
5328 CHATEAU PL MINNEAPOLIS MN 55417	PETER W & DEANNA L BOSS	RESIDENTIAL	$617,300	194 ft
5324 W LAKE NOKOMIS PKWY MINNEAPOLIS MN 55417	M O & G H WILES	RESIDENTIAL	$513,700	208 ft
5324 CHATEAU PL MINNEAPOLIS MN 55417	PHILLIP E NELSON & WIFE	RESIDENTIAL	$620,900	234 ft
1530 54TH ST E MINNEAPOLIS MN 55417	MARCUS J MITTELSTEADT	RESIDENTIAL-TWO UNIT	$542,700	236 ft

Property History

Most Recent Sale

Date201807

Price$549,700

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$13,197