327 W MINNEHAHA PKWY MINNEAPOLIS MN 55419

PID: 1502824330003

Property Overview

Parcel ID1502824330003

Lot Size6,050 sq ft (0.139 ac)

Lot Dimensions (est.)52 ft wide × 116 ft deep

Year Built1922

Property ClassRESIDENTIAL

OwnerT J MARTIN & K A MARTIN

Assessed Value$513,100

Land Value$246,000

Building Value$267,100

Annual Tax$8,278

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

1 permit on record since 2019 · $6K total declared value · Most recent: Nov 2019 (remodel)

RemodelNov 2019Closed

$6K

Tesla Energy Operations 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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width39 ft

Buildable depth76 ft

Area~3,123 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 3,123 sqft buildable area.

Est. units

Yield on cost

2.0%

Spread

-3.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
321 W MINNEHAHA PKWY MINNEAPOLIS MN 55419	M & S BERGER	RESIDENTIAL	$552,500	38 ft
315 W MINNEHAHA PKWY MINNEAPOLIS MN 55419	DARRYL A & KAREN L SAVAGE	RESIDENTIAL	$1,063,800	96 ft
401 W MINNEHAHA PKWY MINNEAPOLIS MN 55419	S F MASE & S M LUND	RESIDENTIAL	$1,145,000	115 ft
5302 GRAND AVE S MINNEAPOLIS MN 55419	JAMES GREGORY NARR REV LV TR	RESIDENTIAL	$855,000	151 ft
311 W MINNEHAHA PKWY MINNEAPOLIS MN 55419	CHRISTINE A MARTIN TRUST	RESIDENTIAL	$618,200	154 ft
5325 GRAND AVE S MINNEAPOLIS MN 55419	CLARK MARSHALL III TRUST	RESIDENTIAL	$889,300	167 ft
405 W MINNEHAHA PKWY MINNEAPOLIS MN 55419	P DAOUTIDIS & A HITZIDOU	RESIDENTIAL	$726,600	171 ft
5304 GRAND AVE S MINNEAPOLIS MN 55419	D J PELZYNSKI & M L REHBEIN	RESIDENTIAL	$688,000	177 ft
307 W MINNEHAHA PKWY MINNEAPOLIS MN 55419	FREDERICK N MORGENSTERN ETAL	RESIDENTIAL	$681,700	192 ft
5308 GRAND AVE S MINNEAPOLIS MN 55419	J GIBBONS & K GIBBONS	RESIDENTIAL	$722,000	217 ft

Property History

Most Recent Sale

Date199907

Price$234,900

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$8,278