137 50TH ST W MINNEAPOLIS MN 55419

PID: 1502824310111

Property Overview

Parcel ID1502824310111

Lot Size8,353 sq ft (0.192 ac)

Lot Dimensions (est.)94 ft wide × 89 ft deep

Year Built1952

Property ClassRESIDENTIAL

OwnerMARGARET A KEITH

Assessed Value$675,500

Land Value$271,000

Building Value$404,500

Annual Tax$11,031

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

5 permits on record since 2018 · $9K total declared value · Most recent: Jan 2025 (existres)

ExistresJan 2025Closed

STAFFORD HOME SERVICE

ResFeb 2024Closed

CenterPoint Energy Resource Corp

ResApr 2022Closed

CHAMPION PLUMBING LLC

MiscDec 2018Closed

$9K

CROSSROAD CONSTRUCTION INC

ExistresJun 2018Closed

STAFFORD HOME SERVICE

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 width50 ft

Buildable depth99 ft

Area~4,883 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 4,883 sqft buildable area.

Est. units

Yield on cost

2.8%

Spread

-2.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
141 50TH ST W MINNEAPOLIS MN 55419	DAVID B KOSKI	RESIDENTIAL	$484,900	62 ft
133 50TH ST W MINNEAPOLIS MN 55419	D & L GORDON	RESIDENTIAL	$725,000	63 ft
129 50TH ST W MINNEAPOLIS MN 55419	KACY LANE & LENO SMITH	RESIDENTIAL	$598,500	128 ft
145 50TH ST W MINNEAPOLIS MN 55419	TASYA KELEN REVOCABLE TRUST	RESIDENTIAL	$550,900	129 ft
134 PROSPECT AVE MINNEAPOLIS MN 55419	MEGAN ELIZABETH MCCOY	RESIDENTIAL	$756,100	140 ft
136 PROSPECT AVE MINNEAPOLIS MN 55419	T & R PALMER	RESIDENTIAL	$813,400	143 ft
128 PROSPECT AVE MINNEAPOLIS MN 55419	A J VELEZ & E C VELEZ	RESIDENTIAL	$807,000	145 ft
5025 WENTWORTH AVE MINNEAPOLIS MN 55419	J C GEORGE & S J GEORGE	RESIDENTIAL	$835,000	151 ft
5019 WENTWORTH AVE MINNEAPOLIS MN 55419	M G PEARSON & J L COMPTON	RESIDENTIAL	$703,100	161 ft
124 PROSPECT AVE MINNEAPOLIS MN 55419	D R HILDEN & J H RAILSBACK	RESIDENTIAL	$866,000	172 ft

Property History

Current Tax Year

Year2026

Tax Due$11,031