5019 2ND AVE S MINNEAPOLIS MN 55419

PID: 1502824420049

Property Overview

Parcel ID1502824420049

Lot Size10,742 sq ft (0.247 ac)

Lot Dimensions (est.)134 ft wide × 80 ft deep

Year Built1922

Property ClassRESIDENTIAL

OwnerJ E RUCKER III & S C RUCKER

Assessed Value$792,100

Land Value$202,000

Building Value$590,100

Annual Tax$13,236

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 2018 · $41K total declared value · Most recent: Oct 2025 (misc)

MiscOct 2025Final Inspection

$41K

PELLA NORTHLAND

ExistresNov 2018Closed

TEAM MECHANICAL INC

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Field · Minneapolis

Median reported rent1,682/mo

Renter-occupied6.3%

Median home value$446K

Vacancy rate4.8%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1116

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width70 ft

Buildable depth94 ft

Area~6,596 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 6,596 sqft buildable area.

Est. units

Yield on cost

2.9%

Spread

-2.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5029 2ND AVE S MINNEAPOLIS MN 55419	M R ANDERSON & L KELLY	RESIDENTIAL	$581,000	80 ft
5011 2ND AVE S MINNEAPOLIS MN 55419	BRIAN P KARALUS	RESIDENTIAL	$729,300	80 ft
5020 3RD AVE S MINNEAPOLIS MN 55419	JIM YOUNGBLUT & BRENDA ROTH	RESIDENTIAL	$1,170,000	135 ft
5026 3RD AVE S MINNEAPOLIS MN 55419	M HOLDEM & A A HOLDEN	RESIDENTIAL	$629,900	155 ft
5035 2ND AVE S MINNEAPOLIS MN 55419	L K MORQUE & E M MORQUE	RESIDENTIAL	$677,000	160 ft
5003 2ND AVE S MINNEAPOLIS MN 55419	MARIA GEIGLE & STAVEN BRUCE	RESIDENTIAL	$553,000	160 ft
5010 3RD AVE S MINNEAPOLIS MN 55419	E FREESMEIER & D LEITER	RESIDENTIAL	$481,900	164 ft
5034 3RD AVE S MINNEAPOLIS MN 55419	RICHARD P & SUSAN E MEWES	RESIDENTIAL	$611,700	207 ft
5000 3RD AVE S MINNEAPOLIS MN 55419	B R SCHALK & M KOTTKE	RESIDENTIAL	$693,600	210 ft
5045 2ND AVE S MINNEAPOLIS MN 55419	C CARPENTER & C LAWLER	RESIDENTIAL	$457,000	243 ft

Property History

Current Tax Year

Year2026

Tax Due$13,236