5016 STEVENS AVE MINNEAPOLIS MN 55419

PID: 1502824420055

Property Overview

Parcel ID1502824420055

Lot Size7,737 sq ft (0.178 ac)

Lot Dimensions (est.)129 ft wide × 60 ft deep

Year Built1927

Property ClassRESIDENTIAL

OwnerN NEIBERGALL & N DAVIS

Assessed Value$681,700

Land Value$198,000

Building Value$483,700

Annual Tax$11,148

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

6 permits on record since 2019 · $10K total declared value · Most recent: Oct 2025 (existres)

ExistresOct 2025Closed

4Front Energy Solutions Inc

ExistresAug 2025Closed

Hero Home Services LLC

ResSep 2024Closed

Warners Stellian Co Inc

ExistresNov 2021Closed

Owens Companies Inc

ResNov 2021Closed

Regency Plumbing Inc

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width50 ft

Buildable depth89 ft

Area~4,447 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 4,447 sqft buildable area.

Est. units

Yield on cost

2.4%

Spread

-3.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5022 STEVENS AVE MINNEAPOLIS MN 55419	ANTHONY & JENNIFER THOMPSON	RESIDENTIAL	$601,600	60 ft
5010 STEVENS AVE MINNEAPOLIS MN 55419	J E SWEENEY & M J UDULUTCH	RESIDENTIAL	$785,000	70 ft
5030 STEVENS AVE MINNEAPOLIS MN 55419	D M BURKE & J M BURKE	RESIDENTIAL	$761,300	130 ft
5019 1ST AVE S MINNEAPOLIS MN 55419	S J & D H NYSTROM	RESIDENTIAL	$859,800	143 ft
5000 STEVENS AVE MINNEAPOLIS MN 55419	KAYLEE MUND	RESIDENTIAL	$463,500	150 ft
5015 1ST AVE S MINNEAPOLIS MN 55419	M SCHOECH & B SCHOECH	RESIDENTIAL	$980,000	158 ft
5029 1ST AVE S MINNEAPOLIS MN 55419	S W TJOSSEM & C J TJOSSEM	RESIDENTIAL	$702,500	170 ft
5003 1ST AVE S MINNEAPOLIS MN 55419	DAVID J & ANGEL R PAULSON	RESIDENTIAL	$849,300	205 ft
114 51ST ST E MINNEAPOLIS MN 55419	AMY JO DENN	RESIDENTIAL	$708,200	210 ft
5033 1ST AVE S MINNEAPOLIS MN 55419	IAN FORD & COURTNEY FORD	RESIDENTIAL	$634,000	216 ft

Property History

Most Recent Sale

Date202409

Price$735,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$11,148