5321 MORGAN AVE S MINNEAPOLIS MN 55419

PID: 1602824330038

Property Overview

Parcel ID1602824330038

Lot Size5,092 sq ft (0.117 ac)

Lot Dimensions (est.)127 ft wide × 40 ft deep

Year Built1959

Property ClassRESIDENTIAL

OwnerERIC J BALTUTIS & TAM M DO

Assessed Value$508,400

Land Value$246,000

Building Value$262,400

Annual Tax$7,856

Environmental Constraints

FloodplainYes — Zone AE

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2017 · $46K total declared value · Most recent: Oct 2022 (misc)

MiscOct 2022Closed

$7K

PELLA NORTHLAND

ExistresApr 2021Closed

Standard Heating and Air Conditioning Inc

MiscMar 2021Closed

$12K

ELYSIAN CONSTRUCTION INC

MiscNov 2020Closed

$8K

ELYSIAN CONSTRUCTION INC

MiscJun 2019Closed

$6K

Universal Windows Direct Twin Cities

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 depth87 ft

Area~2,618 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 2,618 sqft buildable area.

Est. units

Yield on cost

2.3%

Spread

-3.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5317 MORGAN AVE S MINNEAPOLIS MN 55419	IH2 PROPERTY ILLINOIS LP	RESIDENTIAL	$457,100	40 ft
5327 MORGAN AVE S MINNEAPOLIS MN 55419	DANIEL E FITZGIBBONS	RESIDENTIAL-TWO UNIT	$565,000	60 ft
5313 MORGAN AVE S MINNEAPOLIS MN 55419	R T SEAVEY & S H PARKER	RESIDENTIAL	$571,500	85 ft
5333 MORGAN AVE S MINNEAPOLIS MN 55419	PETER NASVIK & LAUREN NASVIK	RESIDENTIAL	$518,500	123 ft
5307 MORGAN AVE S MINNEAPOLIS MN 55419	J M HONNIGFORD ET AL TRSTEES	RESIDENTIAL	$554,000	135 ft
5316 LOGAN AVE S MINNEAPOLIS MN 55419	EBEN STINE & ANNA LIGHT	RESIDENTIAL	$461,600	144 ft
5324 LOGAN AVE S MINNEAPOLIS MN 55419	ANTHONY DOBEK	RESIDENTIAL	$529,900	145 ft
5328 LOGAN AVE S MINNEAPOLIS MN 55419	MATTHEW H MCKAY	RESIDENTIAL	$475,900	163 ft
5310 LOGAN AVE S MINNEAPOLIS MN 55419	J V G S CRUZ & A D SAVARIN	RESIDENTIAL	$538,700	167 ft
5337 MORGAN AVE S MINNEAPOLIS MN 55419	SURMONT/JEWELL REVOCABLE TR	RESIDENTIAL	$580,700	168 ft

Property History

Most Recent Sale

Date202112

Price$529,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,856