5015 1ST AVE S MINNEAPOLIS MN 55419

PID: 1502824420063

Property Overview

Parcel ID1502824420063

Lot Size10,306 sq ft (0.237 ac)

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

Year Built1931

Property ClassRESIDENTIAL

OwnerM SCHOECH & B SCHOECH

Assessed Value$980,000

Land Value$280,000

Building Value$700,000

Annual Tax$16,860

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

3 permits on record since 2020 · $40K total declared value · Most recent: Apr 2026 (misc)

MiscApr 2026Final Inspection

$25K

ULIANO PROPERTIES INC

ResJul 2020Closed

METRO GAS INSTALLERS

AccessoryFeb 2020Closed

$15K

Performance Pools and Spa

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 width70 ft

Buildable depth89 ft

Area~6,217 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 6,217 sqft buildable area.

Est. units

Yield on cost

2.9%

Spread

-2.6%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5019 1ST AVE S MINNEAPOLIS MN 55419	S J & D H NYSTROM	RESIDENTIAL	$859,800	80 ft
5003 1ST AVE S MINNEAPOLIS MN 55419	DAVID J & ANGEL R PAULSON	RESIDENTIAL	$849,300	80 ft
5010 STEVENS AVE MINNEAPOLIS MN 55419	J E SWEENEY & M J UDULUTCH	RESIDENTIAL	$785,000	143 ft
5016 STEVENS AVE MINNEAPOLIS MN 55419	N NEIBERGALL & N DAVIS	RESIDENTIAL	$681,700	158 ft
5029 1ST AVE S MINNEAPOLIS MN 55419	S W TJOSSEM & C J TJOSSEM	RESIDENTIAL	$702,500	160 ft
5000 STEVENS AVE MINNEAPOLIS MN 55419	KAYLEE MUND	RESIDENTIAL	$463,500	165 ft
5022 STEVENS AVE MINNEAPOLIS MN 55419	ANTHONY & JENNIFER THOMPSON	RESIDENTIAL	$601,600	191 ft
5014 1ST AVE S MINNEAPOLIS MN 55419	R T STUERMAN & A M STUERMAN	RESIDENTIAL	$607,000	194 ft
5006 1ST AVE S MINNEAPOLIS MN 55419	R N & E C LINDBERG	RESIDENTIAL	$1,175,100	198 ft
5022 1ST AVE S MINNEAPOLIS MN 55419	LISA A RYDLAND	RESIDENTIAL	$625,800	226 ft

Property History

Most Recent Sale

Date202104

Price$920,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$16,860