5135 MORGAN AVE S MINNEAPOLIS MN 55419

PID: 1602824320171

Property Overview

Parcel ID1602824320171

Lot Size10,199 sq ft (0.234 ac)

Lot Dimensions (est.)128 ft wide × 80 ft deep

Year Built1942

Property ClassRESIDENTIAL

OwnerJAMES E FLOYD & MARA SANDERS

Assessed Value$939,000

Land Value$467,000

Building Value$472,000

Annual Tax$16,478

Environmental Constraints

FloodplainYes — Zone AE

WetlandsNone detected

Historic DistrictNo

Permit History

15 permits on record since 2017 · $325K total declared value · Most recent: Oct 2025 (res)

ResOct 2025Closed

CenterPoint Energy Resource Corp

ResMay 2025Inspection

Warners Stellian Co Inc

ExistresMar 2025Closed

BONFES PLUMBING HEATING AND AIR SERVICE INC

ResMar 2025Inspection

BONFES PLUMBING HEATING AND AIR SERVICE INC

MiscJul 2024Closed

$22K

STANDARD WATER CONTROL SYSTEMS INC

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 width70 ft

Buildable depth87 ft

Area~6,125 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 6,125 sqft buildable area.

Est. units

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5141 MORGAN AVE S MINNEAPOLIS MN 55419	S L DANIEL & S W DANIEL TRS	RESIDENTIAL	$590,000	65 ft
5129 MORGAN AVE S MINNEAPOLIS MN 55419	J/E RUNYON/H BRAY/J AYRES	RESIDENTIAL	$629,200	70 ft
5145 MORGAN AVE S MINNEAPOLIS MN 55419	B R HELTEMES & A R HELTEMES	RESIDENTIAL	$794,100	115 ft
5121 MORGAN AVE S MINNEAPOLIS MN 55419	K F JIWANI & M N JIWANI	RESIDENTIAL	$792,700	130 ft
5132 LOGAN AVE S MINNEAPOLIS MN 55419	A C MORRICE & R G MORRICE TR	RESIDENTIAL	$683,800	141 ft
5136 LOGAN AVE S MINNEAPOLIS MN 55419	KRISTINE BAUMGARDNER	RESIDENTIAL	$704,700	141 ft
5140 LOGAN AVE S MINNEAPOLIS MN 55419	CARRIE O LICHTENBERG TRUST	RESIDENTIAL	$783,800	154 ft
5124 LOGAN AVE S MINNEAPOLIS MN 55419	S L & S M KELLER	RESIDENTIAL	$801,600	156 ft
5151 MORGAN AVE S MINNEAPOLIS MN 55419	A K WOXNIAK & N J WOZNIAK	RESIDENTIAL	$701,700	165 ft
5146 LOGAN AVE S MINNEAPOLIS MN 55419	MICHAEL JOHN MCGARRY	RESIDENTIAL	$781,300	181 ft

Property History

Most Recent Sale

Date202207

Price$1,100,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$16,478