5052 MORGAN AVE S MINNEAPOLIS MN 55419

PID: 1602824320070

Property Overview

Parcel ID1602824320070

Lot Size5,164 sq ft (0.119 ac)

Lot Dimensions (est.)129 ft wide × 40 ft deep

Year Built1924

Property ClassRESIDENTIAL

OwnerP J BOLAN & N J B BOLAN

Assessed Value$678,000

Land Value$324,000

Building Value$354,000

Annual Tax$11,078

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

8 permits on record since 2017 · $48K total declared value · Most recent: Mar 2026 (existres)

ExistresMar 2026Inspection

BONFES PLUMBING HEATING AND AIR SERVICE INC

MiscMar 2026Closed

$9K

SELA ROOFING AND REMODELING INC

ResApr 2018Closed

CenterPoint Energy Resource Corp

ExistresJul 2017Closed

Midwest Radon Specialists LLC

ResJun 2017Closed

JARON J GIL-ROERING

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

Neighborhood Profile

Lynnhurst · Minneapolis

Median reported rent1,771/mo

Renter-occupied10.4%

Median home value$551K

Vacancy rate5.7%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1113

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 width30 ft

Buildable depth89 ft

Area~2,673 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 2,673 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
5056 MORGAN AVE S MINNEAPOLIS MN 55419	K LARSON & J KAMMERMAN	RESIDENTIAL	$632,900	39 ft
5048 MORGAN AVE S MINNEAPOLIS MN 55419	JOHN FILIPIAK & CARLY HANSON	RESIDENTIAL	$618,400	40 ft
5044 MORGAN AVE S MINNEAPOLIS MN 55419	DEBORAH THOMPSON REV TRUST	RESIDENTIAL	$681,600	80 ft
5040 MORGAN AVE S MINNEAPOLIS MN 55419	E J GLEASON & T L COBDEN III	RESIDENTIAL	$727,000	120 ft
5053 NEWTON AVE S MINNEAPOLIS MN 55419	TODD P HANSEN	RESIDENTIAL	$508,000	141 ft
5057 NEWTON AVE S MINNEAPOLIS MN 55419	M MCCONVILLE/D CATAPANO TSTS	RESIDENTIAL	$887,500	146 ft
5036 MORGAN AVE S MINNEAPOLIS MN 55419	LESLIE ANN LYTLE	RESIDENTIAL	$674,300	160 ft
5041 NEWTON AVE S MINNEAPOLIS MN 55419	G C & L G GIANOULIS TRUST	RESIDENTIAL-TWO UNIT	$858,300	163 ft
5053 MORGAN AVE S MINNEAPOLIS MN 55419	KATHERINE LAMB/COLIN GAUSE	RESIDENTIAL	$640,200	188 ft
5057 MORGAN AVE S MINNEAPOLIS MN 55419	LINDA MARJORIE TILLITT	RESIDENTIAL	$635,400	192 ft

Property History

Most Recent Sale

Date202004

Price$600,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$11,078