5324 STEVENS AVE MINNEAPOLIS MN 55419

PID: 1502824430065

Property Overview

Parcel ID1502824430065

Lot Size6,062 sq ft (0.139 ac)

Lot Dimensions (est.)126 ft wide × 48 ft deep

Year Built1922

Property ClassRESIDENTIAL

OwnerLANCE E LEO & ANNE C LEO

Assessed Value$436,200

Land Value$174,000

Building Value$262,200

Annual Tax$6,625

Environmental Constraints

FloodplainYes — Zone AE

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 2021 · $41K total declared value · Most recent: Aug 2022 (misc)

MiscAug 2022Closed

$2K

Home Depot USA Inc

AccessorySep 2021Closed

$26K

JACK THE CARPENTER INC

ResMar 2021Closed

CenterPoint Energy Resource Corp

MiscMar 2021Closed

$13K

KAUFMAN SHEET METAL ROOFING 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 width40 ft

Buildable depth81 ft

Area~3,235 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 3,235 sqft buildable area.

Est. units

Yield on cost

2.1%

Spread

-3.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5320 STEVENS AVE MINNEAPOLIS MN 55419	JANE ERICKSON	RESIDENTIAL	$355,500	50 ft
5328 STEVENS AVE MINNEAPOLIS MN 55419	ALLISON O WOODBURY	RESIDENTIAL	$470,500	50 ft
5334 STEVENS AVE MINNEAPOLIS MN 55419	J D NICHOLIE & W BJORKLUND	RESIDENTIAL	$467,700	100 ft
5323 1ST AVE S MINNEAPOLIS MN 55419	JAMES J LONG	RESIDENTIAL	$350,500	129 ft
5314 STEVENS AVE MINNEAPOLIS MN 55419	THOMAS J NADEAU	RESIDENTIAL	$475,600	131 ft
5329 1ST AVE S MINNEAPOLIS MN 55419	P M NOLAND & J D NOLAND	RESIDENTIAL	$482,000	133 ft
5333 1ST AVE S MINNEAPOLIS MN 55419	A CHAPMAN & J ESPISITO	RESIDENTIAL	$435,400	149 ft
5336 STEVENS AVE MINNEAPOLIS MN 55419	BRIAN E SOFEN ET AL	RESIDENTIAL	$451,500	150 ft
5317 1ST AVE S MINNEAPOLIS MN 55419	M MOYSKI & J FLAVIN	RESIDENTIAL	$560,900	153 ft
5337 1ST AVE S MINNEAPOLIS MN 55419	B C STRINGER & A G STRINGER	RESIDENTIAL	$521,700	174 ft

Property History

Most Recent Sale

Date201312

Price$265,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,625