5042 GLADSTONE AVE MINNEAPOLIS MN 55419

PID: 1502824310078

Property Overview

Parcel ID1502824310078

Lot Size6,672 sq ft (0.153 ac)

Lot Dimensions (est.)153 ft wide × 44 ft deep

Year Built1920

Property ClassRESIDENTIAL

OwnerMARGARET A LUBOZYNSKI

Assessed Value$568,900

Land Value$305,000

Building Value$263,900

Annual Tax$9,014

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

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

4 permits on record since 2017 · $39K total declared value · Most recent: May 2022 (misc)

MiscMay 2022Expired

$14K

PELLA NORTHLAND

MiscSep 2020Closed

$24K

CROSSROAD CONSTRUCTION INC

ResJul 2019Closed

Urban Pine Plumbing and Mechanical Inc

ResJan 2017Closed

CENTERPOINT ENERGY

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

Neighborhood Profile

Tangletown · 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 width42 ft

Buildable depth88 ft

Area~3,777 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 3,777 sqft buildable area.

Est. units

Yield on cost

2.5%

Spread

-3.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5046 GLADSTONE AVE MINNEAPOLIS MN 55419	J S LAUBER & J C LAUBER	RESIDENTIAL	$738,800	45 ft
5038 GLADSTONE AVE MINNEAPOLIS MN 55419	NICOLE E DOBRATZ TRUST	RESIDENTIAL	$539,700	46 ft
5050 GLADSTONE AVE MINNEAPOLIS MN 55419	ISSAC BECKER/NANCY ST PIERRE	RESIDENTIAL	$739,700	89 ft
5034 GLADSTONE AVE MINNEAPOLIS MN 55419	J T DEERING/P S DEERING LV T	RESIDENTIAL	$643,200	94 ft
312 LONGVIEW TER MINNEAPOLIS MN 55419	BENJAMIN A SCHULTZ TRUST	RESIDENTIAL	$581,400	114 ft
316 LONGVIEW TER MINNEAPOLIS MN 55419	MARK LAYTON & HEATHER LAYTON	RESIDENTIAL	$875,200	163 ft
5047 GLADSTONE AVE MINNEAPOLIS MN 55419	ERIC & KELLY SLAPNICHER	RESIDENTIAL	$702,800	192 ft
5037 GLADSTONE AVE MINNEAPOLIS MN 55419	R A HASKIN & N L HASKIN	RESIDENTIAL	$590,200	193 ft
5051 GLADSTONE AVE MINNEAPOLIS MN 55419	AARON D HASLER & M M HASLER	RESIDENTIAL	$738,300	199 ft
5041 GLADSTONE AVE MINNEAPOLIS MN 55419	BROOKE SCHUG & ROBERT SCHUG	RESIDENTIAL	$781,800	200 ft

Property History

Most Recent Sale

Date199008

Price$140,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$9,014