5012 LOGAN AVE S MINNEAPOLIS MN 55419

PID: 1602824320087

Property Overview

Parcel ID1602824320087

Lot Size8,939 sq ft (0.205 ac)

Lot Dimensions (est.)128 ft wide × 70 ft deep

Year Built1924

Property ClassRESIDENTIAL

OwnerBLAIR T IVERSON

Assessed Value$688,600

Land Value$371,000

Building Value$317,600

Annual Tax$11,279

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2017 · $25K total declared value · Most recent: Aug 2025 (remodel)

RemodelAug 2025Closed

$5K

ALL ENERGY SOLAR INC

ExistresJun 2025Inspection

Dean's Professional Plumbing Inc

ExistresJan 2025Closed

Central Heating & Cooling LLC

ExistresNov 2024Closed

BONFES PLUMBING HEATING AND AIR SERVICE INC

ResApr 2022Closed

CHAMPION PLUMBING LLC

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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width60 ft

Buildable depth88 ft

Area~5,263 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 3-story wood frame (5–12 units) benchmarks for 5,263 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5008 LOGAN AVE S MINNEAPOLIS MN 55419	5008 LOGAN LLC	RESIDENTIAL	$467,700	55 ft
5020 LOGAN AVE S MINNEAPOLIS MN 55419	DALE A SHORES	RESIDENTIAL	$682,800	60 ft
5004 LOGAN AVE S MINNEAPOLIS MN 55419	BEYA LEORA	RESIDENTIAL-TWO UNIT	$633,500	95 ft
5024 LOGAN AVE S MINNEAPOLIS MN 55419	LYNN E LORIMOR	RESIDENTIAL	$594,200	105 ft
5000 LOGAN AVE S MINNEAPOLIS MN 55419	PANDA RUSS LLP	RESIDENTIAL-TWO UNIT	$537,000	135 ft
5013 MORGAN AVE S MINNEAPOLIS MN 55419	RYAN FURLONG/DERECK FURLONG	RESIDENTIAL	$949,300	140 ft
5017 MORGAN AVE S MINNEAPOLIS MN 55419	E P CARR & D P CARR	RESIDENTIAL	$1,027,900	142 ft
5028 LOGAN AVE S MINNEAPOLIS MN 55419	ANNE L BALLARD TRUST	RESIDENTIAL	$553,100	145 ft
5009 MORGAN AVE S MINNEAPOLIS MN 55419	M A STOCKNESS/C J STOCKNESS	RESIDENTIAL	$608,100	150 ft
5021 MORGAN AVE S MINNEAPOLIS MN 55419	MELISSA MARIE BREYEN	RESIDENTIAL	$646,200	153 ft

Property History

Current Tax Year

Year2026

Tax Due$11,279