10 LUVERNE AVE MINNEAPOLIS MN 55419

PID: 1502824420002

Property Overview

Parcel ID1502824420002

Lot Size6,803 sq ft (0.156 ac)

Lot Dimensions (est.)102 ft wide × 67 ft deep

Year Built1924

Property ClassRESIDENTIAL

OwnerWILLIAM J & LOUISE H KEPPEL

Assessed Value$689,600

Land Value$237,000

Building Value$452,600

Annual Tax$11,297

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

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

2 permits on record since 2017 · $19K total declared value · Most recent: Oct 2017 (res)

ResOct 2017Closed

Farr Plumbing and Heating LLC

RemodelSep 2017Closed

$19K

EK JOHNSON CONSTRUCTION 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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width116 ft

Buildable depth14 ft

Area~3,607 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 3-story wood frame (5–12 units) benchmarks for 3,607 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
16 LUVERNE AVE MINNEAPOLIS MN 55419	D J O'NEIL & D M O'NEIL	RESIDENTIAL	$575,200	72 ft
5115 NICOLLET AVE MINNEAPOLIS MN 55419	MARY E LUNDBERG	RESIDENTIAL	$397,000	91 ft
5121 NICOLLET AVE MINNEAPOLIS MN 55419	A D MASLOWSKI/J A MASLOWSKI	RESIDENTIAL-TWO UNIT	$494,200	107 ft
1 ELMWOOD PL E MINNEAPOLIS MN 55419	ROBERT SCHLOSSER/B SCHLOSSER	RESIDENTIAL	$1,137,000	128 ft
20 LUVERNE AVE MINNEAPOLIS MN 55419	MERRITT L CAMPBELL	RESIDENTIAL	$325,700	130 ft
5127 NICOLLET AVE MINNEAPOLIS MN 55419	JOSHUA LEE CHRISTOFFER ET AL	RESIDENTIAL-TWO UNIT	$504,700	139 ft
20 ELMWOOD PL E MINNEAPOLIS MN 55419	J F NOBLE & E B NOBLE	RESIDENTIAL	$967,000	180 ft
5133 NICOLLET AVE MINNEAPOLIS MN 55419	MARK BRAGET	RESIDENTIAL-TWO UNIT	$426,900	183 ft
17 ELMWOOD PL E MINNEAPOLIS MN 55419	R D REUTER & A CHRISTENSEN	RESIDENTIAL	$969,900	188 ft
24 LUVERNE AVE MINNEAPOLIS MN 55419	L L B MANOR & J D MANOR	RESIDENTIAL	$517,000	193 ft

Property History

Current Tax Year

Year2026

Tax Due$11,297