5215 BELMONT AVE S MINNEAPOLIS MN 55419

PID: 1502824340085

Property Overview

Parcel ID1502824340085

Lot Size5,187 sq ft (0.119 ac)

Lot Dimensions (est.)96 ft wide × 54 ft deep

Year Built1926

Property ClassRESIDENTIAL-TWO UNIT

OwnerFERAS HAMMOURI

Assessed Value$503,400

Land Value$239,000

Building Value$264,400

Annual Tax$7,753

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

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 width81 ft

Buildable depth14 ft

Area~2,531 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 2,531 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5209 BELMONT AVE S MINNEAPOLIS MN 55419	DAVID BOSS & BRITA GRANLUND	RESIDENTIAL-TWO UNIT	$536,900	58 ft
5205 BELMONT AVE S MINNEAPOLIS MN 55419	BELMONT PROPERTY LLC	RESIDENTIAL-TWO UNIT	$524,400	103 ft
5200 NICOLLET AVE MINNEAPOLIS MN 55419	D BUTLER PROPERTIES LLC	TRIPLEX	$578,600	153 ft
5201 BELMONT AVE S MINNEAPOLIS MN 55419	R C CARRENO & S J CARRENO	RESIDENTIAL-TWO UNIT	$590,400	171 ft
32 VALLEYVIEW PL MINNEAPOLIS MN 55419	KATHLEEN J GREILING	RESIDENTIAL	$1,399,000	204 ft
6 E MINNEHAHA PKWY MINNEAPOLIS MN 55419	TODD SMITH	RESIDENTIAL-TWO UNIT	$684,100	207 ft
5210 BELMONT AVE S MINNEAPOLIS MN 55419	MARY B MADRYGA	RESIDENTIAL	$575,600	223 ft
5200 BELMONT AVE S MINNEAPOLIS MN 55419	J JAEGER & J JAEGER	RESIDENTIAL	$704,500	265 ft
30 W MINNEHAHA PKWY MINNEAPOLIS MN 55419	COLLIN MOSES & STEVEN MOSES	RESIDENTIAL	$947,900	267 ft
16 E MINNEHAHA PKWY MINNEAPOLIS MN 55419	DAVID F JUNCKER ETAL	RESIDENTIAL	$715,000	272 ft

Property History

Most Recent Sale

Date199103

Price$135,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$7,753