5201 BELMONT AVE S MINNEAPOLIS MN 55419

PID: 1502824340082

Property Overview

Parcel ID1502824340082

Lot Size6,432 sq ft (0.148 ac)

Lot Dimensions (est.)102 ft wide × 63 ft deep

Year Built1926

Property ClassRESIDENTIAL-TWO UNIT

OwnerR C CARRENO & S J CARRENO

Assessed Value$590,400

Land Value$301,000

Building Value$289,400

Annual Tax$9,421

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2021 · $13K total declared value · Most recent: Jul 2025 (misc)

MiscJul 2025Final Inspection

$3K

Browns Basements LLC

MiscJul 2025Closed

$5K

Browns Basements LLC

AdditionJul 2022Closed

$5K

DAYCO GENERAL INC

ResJul 2021Closed

Noah Acquistions LLC

ExistresJun 2021Closed

Blue Ox Heating and Air LLC

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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 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.)10 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width87 ft

Buildable depth23 ft

Area~2,761 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 2,761 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5205 BELMONT AVE S MINNEAPOLIS MN 55419	BELMONT PROPERTY LLC	RESIDENTIAL-TWO UNIT	$524,400	69 ft
5200 NICOLLET AVE MINNEAPOLIS MN 55419	D BUTLER PROPERTIES LLC	TRIPLEX	$578,600	81 ft
5209 BELMONT AVE S MINNEAPOLIS MN 55419	DAVID BOSS & BRITA GRANLUND	RESIDENTIAL-TWO UNIT	$536,900	115 ft
5151 BELMONT AVE S MINNEAPOLIS MN 55419	J D THORNTON & G A STEPHENS	RESIDENTIAL	$1,401,000	136 ft
5200 BELMONT AVE S MINNEAPOLIS MN 55419	J JAEGER & J JAEGER	RESIDENTIAL	$704,500	145 ft
5210 BELMONT AVE S MINNEAPOLIS MN 55419	MARY B MADRYGA	RESIDENTIAL	$575,600	151 ft
5215 BELMONT AVE S MINNEAPOLIS MN 55419	FERAS HAMMOURI	RESIDENTIAL-TWO UNIT	$503,400	171 ft
5152 BELMONT AVE S MINNEAPOLIS MN 55419	J & C BECK	RESIDENTIAL	$767,800	203 ft
32 VALLEYVIEW PL MINNEAPOLIS MN 55419	KATHLEEN J GREILING	RESIDENTIAL	$1,399,000	209 ft
103 52ND ST W MINNEAPOLIS MN 55419	CANDICE ELIZABETH HEADSON	RESIDENTIAL	$652,900	222 ft

Property History

Most Recent Sale

Date202505

Price$575,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$9,421