114 51ST ST E MINNEAPOLIS MN 55419

PID: 1502824420058

Property Overview

Parcel ID1502824420058

Lot Size10,337 sq ft (0.237 ac)

Lot Dimensions (est.)129 ft wide × 80 ft deep

Year Built1921

Property ClassRESIDENTIAL

OwnerAMY JO DENN

Assessed Value$708,200

Land Value$222,000

Building Value$486,200

Annual Tax$11,650

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 · Most recent: Sep 2023 (existres)

ExistresSep 2023Closed

ST PAUL PLUMBING AND HEATING CO INC

ResNov 2017Closed

Warners Stellian Co 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

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 width116 ft

Buildable depth40 ft

Area~4,649 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 4,649 sqft buildable area.

Est. units

Yield on cost

2.3%

Spread

-3.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5030 STEVENS AVE MINNEAPOLIS MN 55419	D M BURKE & J M BURKE	RESIDENTIAL	$761,300	80 ft
5041 1ST AVE S MINNEAPOLIS MN 55419	M C-Y WONG & E H WONG	RESIDENTIAL	$811,900	144 ft
5022 STEVENS AVE MINNEAPOLIS MN 55419	ANTHONY & JENNIFER THOMPSON	RESIDENTIAL	$601,600	150 ft
5033 1ST AVE S MINNEAPOLIS MN 55419	IAN FORD & COURTNEY FORD	RESIDENTIAL	$634,000	151 ft
121 51ST ST E MINNEAPOLIS MN 55419	RON REILKOFF & THEA REILKOFF	RESIDENTIAL	$754,700	167 ft
115 51ST ST E MINNEAPOLIS MN 55419	ANDREW COOKE & MARY E COOKE	RESIDENTIAL	$733,700	168 ft
5029 1ST AVE S MINNEAPOLIS MN 55419	S W TJOSSEM & C J TJOSSEM	RESIDENTIAL	$702,500	185 ft
107 51ST ST E MINNEAPOLIS MN 55419	T M SKRYPEK & M M SKRYPEK	RESIDENTIAL	$722,300	202 ft
5016 STEVENS AVE MINNEAPOLIS MN 55419	N NEIBERGALL & N DAVIS	RESIDENTIAL	$681,700	210 ft
5019 1ST AVE S MINNEAPOLIS MN 55419	S J & D H NYSTROM	RESIDENTIAL	$859,800	244 ft

Property History

Most Recent Sale

Date200503

Price$578,935

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$11,650