5129 MORGAN AVE S MINNEAPOLIS MN 55419

PID: 1602824320172

Property Overview

Parcel ID1602824320172

Lot Size7,650 sq ft (0.176 ac)

Lot Dimensions (est.)128 ft wide × 60 ft deep

Year Built1951

Property ClassRESIDENTIAL

OwnerJ/E RUNYON/H BRAY/J AYRES

Assessed Value$629,200

Land Value$416,000

Building Value$213,200

Annual Tax$10,155

Environmental Constraints

FloodplainYes — Zone AE

WetlandsNone detected

Historic DistrictNo

Permit History

8 permits on record since 2004 · $47K total declared value · Most recent: Jun 2026 (addition)

AdditionJun 2026Inspection

$20K

John Runyon

ExistresMay 2022Closed

Pronto Heating & Air Conditioning Inc

ResMar 2022Closed

CenterPoint Energy Resource Corp

ResJan 2022Closed

Barr Web Industries Inc

RemodelNov 2021Closed

$4K

John Runyon

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$535K+0.3% YoY

Median price / sqft$293/sqft

Median days to close12 days

Active listings39

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 width50 ft

Buildable depth88 ft

Area~4,376 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 4,376 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
5121 MORGAN AVE S MINNEAPOLIS MN 55419	K F JIWANI & M N JIWANI	RESIDENTIAL	$792,700	60 ft
5135 MORGAN AVE S MINNEAPOLIS MN 55419	JAMES E FLOYD & MARA SANDERS	RESIDENTIAL	$939,000	70 ft
5141 MORGAN AVE S MINNEAPOLIS MN 55419	S L DANIEL & S W DANIEL TRS	RESIDENTIAL	$590,000	135 ft
5124 LOGAN AVE S MINNEAPOLIS MN 55419	S L & S M KELLER	RESIDENTIAL	$801,600	140 ft
5132 LOGAN AVE S MINNEAPOLIS MN 55419	A C MORRICE & R G MORRICE TR	RESIDENTIAL	$683,800	148 ft
5120 LOGAN AVE S MINNEAPOLIS MN 55419	S A GRAY TRU/P H WAYTZ TRU	RESIDENTIAL	$847,500	152 ft
5136 LOGAN AVE S MINNEAPOLIS MN 55419	KRISTINE BAUMGARDNER	RESIDENTIAL	$704,700	166 ft
5145 MORGAN AVE S MINNEAPOLIS MN 55419	B R HELTEMES & A R HELTEMES	RESIDENTIAL	$794,100	185 ft
5140 LOGAN AVE S MINNEAPOLIS MN 55419	CARRIE O LICHTENBERG TRUST	RESIDENTIAL	$783,800	194 ft
5100 LOGAN AVE S MINNEAPOLIS MN 55419	CITY OF MPLS PARK BOARD	LAND-COMMERCIAL	$0	202 ft

Property History

Most Recent Sale

Date202109

Price$525,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$10,155