409 50TH ST W MINNEAPOLIS MN 55419

PID: 1502824320143

Property Overview

Parcel ID1502824320143

Lot Size11,009 sq ft (0.253 ac)

Lot Dimensions (est.)62 ft wide × 176 ft deep

Year Built1916

Property ClassRESIDENTIAL

OwnerA M GEIGER & J S G GEIGER

Assessed Value$606,400

Land Value$301,000

Building Value$305,400

Annual Tax$9,724

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2018 · $32K total declared value · Most recent: Jan 2022 (existres)

ExistresJan 2022Closed

Heating and Cooling Two Inc

RemodelJan 2022Closed

$30K

SYLVESTRE CONSTRUCTION INC

ResJan 2022Closed

GRABOW PLUMBING INC

AdditionJun 2021Closed

$2K

Hage Construction Co

ResMar 2021Cancelled

Weld and Sons Plumbing 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 width51 ft

Buildable depth140 ft

Area~7,157 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 7,157 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
401 50TH ST W MINNEAPOLIS MN 55419	Z POTRATZ & K POTRATZ	RESIDENTIAL	$502,200	60 ft
415 50TH ST W MINNEAPOLIS MN 55419	SAMUEL MICHAEL SHREVE	RESIDENTIAL	$495,100	62 ft
319 50TH ST W MINNEAPOLIS MN 55419	JOHN A KRIER/NICHOLE L KRIER	RESIDENTIAL	$605,500	115 ft
5007 HARRIET AVE MINNEAPOLIS MN 55419	MICHAEL STEILEN & C STEILEN	RESIDENTIAL	$735,200	130 ft
5015 HARRIET AVE MINNEAPOLIS MN 55419	J L EXLINE & L M EXLINE	RESIDENTIAL	$884,600	130 ft
5001 HARRIET AVE MINNEAPOLIS MN 55419	N D SMITH & S B PARKER	RESIDENTIAL	$505,500	142 ft
315 50TH ST W MINNEAPOLIS MN 55419	ALEX LUM & JULIA LUM	RESIDENTIAL	$536,400	166 ft
5025 HARRIET AVE MINNEAPOLIS MN 55419	N E DYSTE & E J SCHERER RV T	RESIDENTIAL	$966,000	205 ft
309 50TH ST W MINNEAPOLIS MN 55419	JENNIFER C ERICSON TRUST	RESIDENTIAL	$691,000	215 ft
404 PROSPECT AVE MINNEAPOLIS MN 55419	ROBIN GANSER & LAURIE GANSER	VACANT LAND-RESIDENTIAL	$238,500	219 ft

Property History

Most Recent Sale

Date202103

Price$440,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,724