5040 BELMONT AVE S MINNEAPOLIS MN 55419

PID: 1502824310022· 1 field stubbed (see below)

Property Overview

Parcel ID1502824310022

Lot Size9,067 sq ft (0.208 ac)

Lot Dimensions (est.)187 ft wide × 49 ft deep

Year Built1922

Property ClassRESIDENTIAL

OwnerM NOLAN & L A NOLAN REV TRST

Assessed Value$963,300

Land Value$345,000

Building Value$618,300

Annual Tax$16,475

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Minneapolis

Median reported rent1,486/mo

Renter-occupied21.5%

Median home value$519K

Vacancy rate7.9%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1115

Market Snapshot

Zip code 55419

Median sale price$494K-4.7% YoY

Median price / sqft$270/sqft

Median days to close29 days

Active listings30

Source: Redfin Data Center (Invalid Date) · Zip 55419

Zoning

Zoning data is available for Minneapolis and Saint Paul parcels. This parcel may be outside those city boundaries.

Property History

Most Recent Sale

Date201910

Price$725,000

TypePROBATE DEED

Current Tax Year

Year2026

Tax Due$16,475

Development Feasibility

No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5044 BELMONT AVE S MINNEAPOLIS MN 55419	LICHT LIVING TRUST	RESIDENTIAL	$786,900	58 ft
5036 BELMONT AVE S MINNEAPOLIS MN 55419	LYNELL G VOIGT	RESIDENTIAL	$796,400	60 ft
5048 BELMONT AVE S MINNEAPOLIS MN 55419	ANIBAL L VELEZ/LINDA K VELEZ	RESIDENTIAL	$621,300	113 ft
147 PROSPECT AVE MINNEAPOLIS MN 55419	M K BILDSTEN & B H BILDSTEN	RESIDENTIAL	$673,900	118 ft
5041 GLADSTONE AVE MINNEAPOLIS MN 55419	BROOKE SCHUG & ROBERT SCHUG	RESIDENTIAL	$781,800	166 ft
5057 BELMONT AVE S MINNEAPOLIS MN 55419	J G VENEMAN & J L VENEMAN	RESIDENTIAL	$618,600	166 ft
5052 BELMONT AVE S MINNEAPOLIS MN 55419	J F MOSHER & C N COLEGROVE	RESIDENTIAL	$752,000	171 ft
5047 GLADSTONE AVE MINNEAPOLIS MN 55419	ERIC & KELLY SLAPNICHER	RESIDENTIAL	$702,800	178 ft
5053 BELMONT AVE S MINNEAPOLIS MN 55419	C GAURON & S MASKE	RESIDENTIAL	$690,600	182 ft
134 PROSPECT AVE MINNEAPOLIS MN 55419	MEGAN ELIZABETH MCCOY	RESIDENTIAL	$756,100	203 ft

Stub notice: The following fields could not be fetched from live sources and are shown as "—": zoning. See README for details on which sources are live vs. stubbed.