5237 MORGAN AVE S MINNEAPOLIS MN 55419

PID: 1602824330118

Property Overview

Parcel ID1602824330118

Lot Size6,361 sq ft (0.146 ac)

Lot Dimensions (est.)127 ft wide × 50 ft deep

Year Built1939

Property ClassRESIDENTIAL

OwnerP N HOLMAN & M A L HOLMAN

Assessed Value$794,800

Land Value$388,000

Building Value$406,800

Annual Tax$13,577

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2004 · $493K total declared value · Most recent: Jul 2024 (res)

ResJul 2024Closed

4Front Energy Solutions Inc

ExistresJul 2024Closed

Perfection Heating and Air Conditioning Inc

RemodelJun 2024Closed

$153K

WHITE CRANE CONSTRUCTION

ResMar 2022Closed

CenterPoint Energy Resource Corp

Building Re-inspectionFeb 2004

$340K

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 width40 ft

Buildable depth87 ft

Area~3,487 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 3,487 sqft buildable area.

Est. units

Yield on cost

1.7%

Spread

-3.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5233 MORGAN AVE S MINNEAPOLIS MN 55419	E M MILLER & A L SANDISON	RESIDENTIAL	$686,700	48 ft
5241 MORGAN AVE S MINNEAPOLIS MN 55419	E JAMIN-MCGUIRE & J FERRO	RESIDENTIAL	$649,200	50 ft
5245 MORGAN AVE S MINNEAPOLIS MN 55419	HEATHER ELIZABETH WRAY	RESIDENTIAL	$919,800	100 ft
5229 MORGAN AVE S MINNEAPOLIS MN 55419	H WILLIAM WALTER REVOC TRUST	RESIDENTIAL	$1,305,600	100 ft
5236 LOGAN AVE S MINNEAPOLIS MN 55419	A ABRAHAM & M SHEAFFER	RESIDENTIAL	$798,200	141 ft
5232 LOGAN AVE S MINNEAPOLIS MN 55419	K R HOCH & N HOCH	RESIDENTIAL	$818,000	149 ft
5240 LOGAN AVE S MINNEAPOLIS MN 55419	E G GOETZ & S E REYNOLDS	RESIDENTIAL	$695,200	150 ft
5225 MORGAN AVE S MINNEAPOLIS MN 55419	J A & E L CARLSON	RESIDENTIAL	$818,800	152 ft
2000 53RD ST W MINNEAPOLIS MN 55419	E PARSONS & K PARSONS	RESIDENTIAL	$744,200	158 ft
5228 LOGAN AVE S MINNEAPOLIS MN 55419	KYLE W DRAKE & THUY P LE	RESIDENTIAL	$758,200	172 ft

Property History

Most Recent Sale

Date201901

Price$729,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$13,577