1231 5TH ST N E MINNEAPOLIS MN 55413

PID: 1402924240199

Property Overview

Parcel ID1402924240199

Lot Size5,528 sq ft (0.127 ac)

Lot Dimensions (est.)138 ft wide × 40 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerJONATHAN J DAHL

Assessed Value$379,000

Land Value$139,000

Building Value$240,000

Annual Tax$5,693

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2018 · $20K total declared value · Most recent: Sep 2022 (remodel)

RemodelSep 2022Expired

$3K

Jonathan J Dahl

ResApr 2022Closed

Jonathan J Dahl

ResApr 2022Closed

Dean's Professional Plumbing Inc

RemodelJan 2022Closed

$15K

Jonathan J Dahl

ResDec 2021Closed

Dean's Professional Plumbing Inc

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Sheridan · Minneapolis

Median reported rent647/mo

Renter-occupied60.8%

Median home value$341K

Vacancy rate7.9%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1025

Market Snapshot

Zip code 55413

Median sale price$350K+2.9% YoY

Median price / sqft$213/sqft

Median days to close69 days

Active listings27

Source: Redfin Data Center (Invalid Date) · Zip 55413

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 depth98 ft

Area~2,946 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 2,946 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1227 5TH ST N E MINNEAPOLIS MN 55413	N P STANOCH & J STANOCH	RESIDENTIAL	$305,900	40 ft
1235 5TH ST N E MINNEAPOLIS MN 55413	PETER NGUYEN	COMMERCIAL-PREFERRED	$256,000	43 ft
1223 5TH ST N E MINNEAPOLIS MN 55413	SORAYA SCOTT & NEIL SCOTT	TRIPLEX	$559,300	90 ft
1217 5TH ST N E MINNEAPOLIS MN 55413	REHN P HASSELL	RESIDENTIAL	$377,400	150 ft
1301 5TH ST N E MINNEAPOLIS MN 55413	ARSENIO J THUNSTROM	RESIDENTIAL-TWO UNIT	$300,100	152 ft
1230 6TH ST N E MINNEAPOLIS MN 55413	J DYSTHE & M ABRAHAMSON	RESIDENTIAL	$456,500	152 ft
1234 6TH ST N E MINNEAPOLIS MN 55413	RICHARD W PETERS	RESIDENTIAL	$401,900	157 ft
1226 6TH ST N E MINNEAPOLIS MN 55413	ROSELEE BUECHLER	RESIDENTIAL	$360,900	157 ft
1222 6TH ST N E MINNEAPOLIS MN 55413	1222 6TH STREET NE LLC	RESIDENTIAL-TWO UNIT	$542,900	171 ft
1307 5TH ST N E MINNEAPOLIS MN 55413	W FICKENSCHER & T ANDREWS	RESIDENTIAL	$329,000	192 ft

Property History

Most Recent Sale

Date201210

Price$98,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,693