5221 MORGAN AVE S MINNEAPOLIS MN 55419

PID: 1602824330122

Property Overview

Parcel ID1602824330122

Lot Size6,350 sq ft (0.146 ac)

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

Year Built1939

Property ClassRESIDENTIAL

OwnerJAMES A CASSIDY

Assessed Value$722,400

Land Value$388,000

Building Value$334,400

Annual Tax$12,204

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

10 permits on record since 2017 · $214K total declared value · Most recent: May 2022 (res)

ResMay 2022Closed

Urban Pine Plumbing and Mechanical Inc

ExistresMar 2021Closed

PRACTICAL SYSTEMS AND DUCTWORK HEATING AND COOLING

ResDec 2020Closed

FIRESIDE HEARTH AND HOME

AdditionOct 2020Closed

$200K

Third Generation Builders

ResOct 2020Closed

Stewart Plumbing Inc

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

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~3,478 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 3,478 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
5225 MORGAN AVE S MINNEAPOLIS MN 55419	J A & E L CARLSON	RESIDENTIAL	$818,800	48 ft
5217 MORGAN AVE S MINNEAPOLIS MN 55419	T ANDERSON & S ANDERSON	RESIDENTIAL	$936,200	50 ft
5229 MORGAN AVE S MINNEAPOLIS MN 55419	H WILLIAM WALTER REVOC TRUST	RESIDENTIAL	$1,305,600	100 ft
5215 MORGAN AVE S MINNEAPOLIS MN 55419	D SHAPIRO & S R SHAPIRO	RESIDENTIAL	$932,900	100 ft
5220 LOGAN AVE S MINNEAPOLIS MN 55419	T ODERMATT & N ODERMATT	RESIDENTIAL	$559,200	141 ft
5216 LOGAN AVE S MINNEAPOLIS MN 55419	FREDERICK S MOSCH	RESIDENTIAL	$728,100	149 ft
5224 LOGAN AVE S MINNEAPOLIS MN 55419	M E ROWE III & S R KOKJOHN	RESIDENTIAL	$783,500	150 ft
5233 MORGAN AVE S MINNEAPOLIS MN 55419	E M MILLER & A L SANDISON	RESIDENTIAL	$686,700	152 ft
5209 MORGAN AVE S MINNEAPOLIS MN 55419	T CONLEY & A CONLEY	RESIDENTIAL	$1,036,200	160 ft
5212 LOGAN AVE S MINNEAPOLIS MN 55419	LUTHER GROTH & LINDSEY GROTH	RESIDENTIAL	$748,000	172 ft

Property History

Most Recent Sale

Date198902

Price$130,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$12,204