5037 BELMONT AVE S MINNEAPOLIS MN 55419

PID: 1502824310025

Property Overview

Parcel ID1502824310025

Lot Size12,096 sq ft (0.278 ac)

Lot Dimensions (est.)76 ft wide × 159 ft deep

Year Built1954

Property ClassRESIDENTIAL

OwnerJ C STEADLAND & M E FOX

Assessed Value$622,800

Land Value$359,000

Building Value$263,800

Annual Tax$10,034

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

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width65 ft

Buildable depth121 ft

Area~7,885 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 sfr / adu benchmarks for 7,885 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5049 BELMONT AVE S MINNEAPOLIS MN 55419	A C ELIASON & P S ELIASON	RESIDENTIAL	$701,200	64 ft
5025 BELMONT AVE S MINNEAPOLIS MN 55419	E C PERRY III & L L LEGG	RESIDENTIAL	$675,700	76 ft
5039 BELMONT AVE S MINNEAPOLIS MN 55419	J S STEVENS & E STEVENS	VACANT LAND-RESIDENTIAL	$4,400	100 ft
5053 BELMONT AVE S MINNEAPOLIS MN 55419	C GAURON & S MASKE	RESIDENTIAL	$690,600	122 ft
5021 BELMONT AVE S MINNEAPOLIS MN 55419	LIZ A CRANDALL	RESIDENTIAL	$863,900	167 ft
5057 BELMONT AVE S MINNEAPOLIS MN 55419	J G VENEMAN & J L VENEMAN	RESIDENTIAL	$618,600	167 ft
5024 BELMONT AVE S MINNEAPOLIS MN 55419	ANDREW J FEYEN ET AL	RESIDENTIAL	$554,700	182 ft
5020 BELMONT AVE S MINNEAPOLIS MN 55419	RACHEL ALM & JOHN ALM	RESIDENTIAL	$536,300	185 ft
118 ELMWOOD PL W MINNEAPOLIS MN 55419	JILL J TAYLOR TRUST	RESIDENTIAL	$1,708,000	196 ft
5028 BELMONT AVE S MINNEAPOLIS MN 55419	K M ISENBERG & L ISENBERG	RESIDENTIAL	$643,300	207 ft

Property History

Most Recent Sale

Date202108

Price$525,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$10,034