54 LUVERNE AVE MINNEAPOLIS MN 55419

PID: 1502824420016

Property Overview

Parcel ID1502824420016

Lot Size3,486 sq ft (0.080 ac)

Lot Dimensions (est.)57 ft wide × 61 ft deep

Year Built1930

Property ClassRESIDENTIAL

OwnerC POGEMILLER & S POGEMILLER

Assessed Value$678,800

Land Value$186,000

Building Value$492,800

Annual Tax$11,093

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

4 permits on record since 2020 · $32K total declared value · Most recent: Feb 2026 (existres)

ExistresFeb 2026Closed

BONFES PLUMBING HEATING AND AIR SERVICE INC

MiscAug 2021Closed

$32K

CROSSROAD CONSTRUCTION INC

ResDec 2020Closed

Warners Stellian Co Inc

ResOct 2020Closed

Norblom Plumbing Co

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 width44 ft

Buildable depth21 ft

Area~1,382 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 1,382 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
50 LUVERNE AVE MINNEAPOLIS MN 55419	A PETERSON & M PETERSON	RESIDENTIAL	$742,700	50 ft
46 LUVERNE AVE MINNEAPOLIS MN 55419	LUIS GOMEZ HUERTA	RESIDENTIAL	$450,300	93 ft
28 LUVERNE AVE MINNEAPOLIS MN 55419	N V MACHADO & F H MACHADO	VACANT LAND-RESIDENTIAL	$1,100	117 ft
42 LUVERNE AVE MINNEAPOLIS MN 55419	N V MACHADO & F H MACHADO	RESIDENTIAL	$460,900	141 ft
57 LUVERNE AVE MINNEAPOLIS MN 55419	MARY K PIERCE REV TRUST	RESIDENTIAL	$573,300	160 ft
51 LUVERNE AVE MINNEAPOLIS MN 55419	GEOFFREY SCHILZ/JULIE SCHILZ	RESIDENTIAL	$772,800	166 ft
45 LUVERNE AVE MINNEAPOLIS MN 55419	JOHN PAUL KOTZ/JILLIAN KOTZ	RESIDENTIAL	$808,200	180 ft
32 E MINNEHAHA PKWY MINNEAPOLIS MN 55419	JOAN F WELTER	RESIDENTIAL	$609,600	187 ft
38 LUVERNE AVE MINNEAPOLIS MN 55419	M RITTENHOUSE/M RITTENHOUSE	RESIDENTIAL	$919,100	198 ft
35 LUVERNE AVE MINNEAPOLIS MN 55419	BRENDAN T HUBBARD	RESIDENTIAL	$339,800	235 ft

Property History

Most Recent Sale

Date201409

Price$515,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$11,093