5040 GARFIELD AVE MINNEAPOLIS MN 55419

PID: 1502824320098

Property Overview

Parcel ID1502824320098

Lot Size6,284 sq ft (0.144 ac)

Lot Dimensions (est.)126 ft wide × 50 ft deep

Year Built1918

Property ClassRESIDENTIAL

OwnerMIROSAVA ILIC

Assessed Value$604,300

Land Value$297,000

Building Value$307,300

Annual Tax$9,684

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2020 · $32K total declared value · Most recent: Apr 2025 (misc)

MiscApr 2025Closed

$9K

Treeline Roofing and Construction Twin Cities

ExistresNov 2024Closed

Standard Heating and Air Conditioning Inc

MiscJun 2020Closed

$12K

TOPSIDE INC

MiscMay 2020Closed

$11K

DAYCO GENERAL INC

ResJan 2020Closed

MN Plumbing & Home Services INC

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 width40 ft

Buildable depth86 ft

Area~3,426 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 3,426 sqft buildable area.

Est. units

Yield on cost

1.8%

Spread

-3.7%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5038 GARFIELD AVE MINNEAPOLIS MN 55419	V G FERRIS & M L FERRIS	RESIDENTIAL	$604,200	50 ft
5044 GARFIELD AVE MINNEAPOLIS MN 55419	RYAN STALKER & K H STALKER	RESIDENTIAL	$624,200	50 ft
5032 GARFIELD AVE MINNEAPOLIS MN 55419	C W KRUEGER & K KRUEGER	RESIDENTIAL	$909,800	100 ft
5050 GARFIELD AVE MINNEAPOLIS MN 55419	KYLE J CHRISTENSEN ET AL	RESIDENTIAL	$833,900	100 ft
5041 LYNDALE AVE S MINNEAPOLIS MN 55419	SHERRILEE CARTER	RESIDENTIAL	$559,800	126 ft
5035 LYNDALE AVE S MINNEAPOLIS MN 55419	MELISSA M ERTL TRUST	RESIDENTIAL	$607,900	135 ft
5047 LYNDALE AVE S MINNEAPOLIS MN 55419	D F BIELINSKI/R J BIELINSKI	RESIDENTIAL	$652,800	137 ft
5028 GARFIELD AVE MINNEAPOLIS MN 55419	KELLY O'HARA DYER/LEE M DYER	RESIDENTIAL	$556,100	150 ft
5056 GARFIELD AVE MINNEAPOLIS MN 55419	KEITH SHIFRIN/ANGELA SHIFRIN	RESIDENTIAL	$730,000	150 ft
5031 LYNDALE AVE S MINNEAPOLIS MN 55419	DANIEL HELVICK/RIKKI HONNOLD	RESIDENTIAL	$506,700	160 ft

Property History

Most Recent Sale

Date201908

Price$475,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,684