5210 BELMONT AVE S MINNEAPOLIS MN 55419

PID: 1502824340022

Property Overview

Parcel ID1502824340022

Lot Size7,121 sq ft (0.163 ac)

Lot Dimensions (est.)132 ft wide × 54 ft deep

Year Built1926

Property ClassRESIDENTIAL

OwnerMARY B MADRYGA

Assessed Value$575,600

Land Value$315,000

Building Value$260,600

Annual Tax$9,141

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width56 ft

Buildable depth68 ft

Area~3,854 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 small multifamily (2–4 units, wood frame) benchmarks for 3,854 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5200 BELMONT AVE S MINNEAPOLIS MN 55419	J JAEGER & J JAEGER	RESIDENTIAL	$704,500	68 ft
103 52ND ST W MINNEAPOLIS MN 55419	CANDICE ELIZABETH HEADSON	RESIDENTIAL	$652,900	89 ft
32 VALLEYVIEW PL MINNEAPOLIS MN 55419	KATHLEEN J GREILING	RESIDENTIAL	$1,399,000	92 ft
107 52ND ST W MINNEAPOLIS MN 55419	T GREEN & B HOFKIN	RESIDENTIAL	$686,600	141 ft
5201 BELMONT AVE S MINNEAPOLIS MN 55419	R C CARRENO & S J CARRENO	RESIDENTIAL-TWO UNIT	$590,400	151 ft
106 VALLEYVIEW PL MINNEAPOLIS MN 55419	J ANDERSON & B ANDERSON	RESIDENTIAL	$693,000	167 ft
5205 BELMONT AVE S MINNEAPOLIS MN 55419	BELMONT PROPERTY LLC	RESIDENTIAL-TWO UNIT	$524,400	170 ft
111 52ND ST W MINNEAPOLIS MN 55419	MARJAHN JANE EASTHAM GOLBAN	RESIDENTIAL	$551,100	189 ft
5209 BELMONT AVE S MINNEAPOLIS MN 55419	DAVID BOSS & BRITA GRANLUND	RESIDENTIAL-TWO UNIT	$536,900	194 ft
5152 BELMONT AVE S MINNEAPOLIS MN 55419	J & C BECK	RESIDENTIAL	$767,800	213 ft

Property History

Most Recent Sale

Date199108

Price$231,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$9,141