5201 MORGAN AVE S MINNEAPOLIS MN 55419

PID: 1602824330126

Property Overview

Parcel ID1602824330126

Lot Size10,138 sq ft (0.233 ac)

Lot Dimensions (est.)127 ft wide × 80 ft deep

Year Built1948

Property ClassRESIDENTIAL

OwnerTANGER LIVING TRUST

Assessed Value$769,100

Land Value$471,000

Building Value$298,100

Annual Tax$12,802

Environmental Constraints

FloodplainYes — Zone AE

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2017 · $45K total declared value · Most recent: Mar 2022 (res)

ResMar 2022Closed

CenterPoint Energy Resource Corp

RemodelDec 2019Closed

$3K

AMERICAN WATERWORKS

ResDec 2019Closed

FIRESIDE HEARTH AND HOME

RemodelJul 2019Closed

$9K

AMERICAN WATERWORKS

RemodelJun 2019Closed

$12K

LINDSTROM RESTORATION

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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width114 ft

Buildable depth40 ft

Area~5,807 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 5,807 sqft buildable area.

Est. units

Yield on cost

2.2%

Spread

-3.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5209 MORGAN AVE S MINNEAPOLIS MN 55419	T CONLEY & A CONLEY	RESIDENTIAL	$1,036,200	74 ft
5155 MORGAN AVE S MINNEAPOLIS MN 55419	B J FRANSKE & P M MCKEE	RESIDENTIAL	$786,000	125 ft
5215 MORGAN AVE S MINNEAPOLIS MN 55419	D SHAPIRO & S R SHAPIRO	RESIDENTIAL	$932,900	134 ft
5200 LOGAN AVE S MINNEAPOLIS MN 55419	D & S BOWEN	RESIDENTIAL	$609,900	141 ft
5204 LOGAN AVE S MINNEAPOLIS MN 55419	M M WHIPPLE & M R DOOSE	RESIDENTIAL	$785,900	145 ft
5208 LOGAN AVE S MINNEAPOLIS MN 55419	D B DUNNING & M W DUNNING	RESIDENTIAL	$620,700	164 ft
5151 MORGAN AVE S MINNEAPOLIS MN 55419	A K WOXNIAK & N J WOZNIAK	RESIDENTIAL	$701,700	175 ft
5217 MORGAN AVE S MINNEAPOLIS MN 55419	T ANDERSON & S ANDERSON	RESIDENTIAL	$936,200	184 ft
5156 LOGAN AVE S MINNEAPOLIS MN 55419	T M ARNOLD & J M FLORELL	RESIDENTIAL	$715,800	187 ft
5212 LOGAN AVE S MINNEAPOLIS MN 55419	LUTHER GROTH & LINDSEY GROTH	RESIDENTIAL	$748,000	195 ft

Property History

Most Recent Sale

Date202202

Price$775,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$12,802