5024 LYNDALE AVE S MINNEAPOLIS MN 55419

PID: 1602824410068

Property Overview

Parcel ID1602824410068

Lot Size5,847 sq ft (0.134 ac)

Lot Dimensions (est.)117 ft wide × 50 ft deep

Year Built1913

Property ClassRESIDENTIAL

OwnerSTEVEN E MILES ETAL

Assessed Value$658,800

Land Value$233,000

Building Value$425,800

Annual Tax$10,945

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2014 · $217K total declared value · Most recent: Mar 2022 (res)

ResMar 2022Cancelled

Erickson Plumbing Heating Cooling Inc

ResMar 2022Closed

Erickson Plumbing Heating Cooling Inc

RemodelApr 2020Closed

$57K

CASTLE BUILDING & REMODELING INC

ResApr 2020Closed

A Johnson Plumbing Inc

ExistresApr 2020Closed

Patton Heating And Air Conditioning Inc

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

Neighborhood Profile

Lynnhurst · Minneapolis

Median reported rent1,759/mo

Renter-occupied8.6%

Median home value$617K

Vacancy rate2.6%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1114

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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width40 ft

Buildable depth77 ft

Area~3,076 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 small multifamily (2–4 units, wood frame) benchmarks for 3,076 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5018 LYNDALE AVE S MINNEAPOLIS MN 55419	T A PETERSON & A L PETERSON	RESIDENTIAL	$602,000	47 ft
5028 LYNDALE AVE S MINNEAPOLIS MN 55419	S CHARLES SORENSON JR	RESIDENTIAL	$632,900	50 ft
5014 LYNDALE AVE S MINNEAPOLIS MN 55419	C R LESLIE & R W RUDOLF JR	RESIDENTIAL	$662,600	100 ft
5032 LYNDALE AVE S MINNEAPOLIS MN 55419	PETER HOLM & JESSICA HOLM	RESIDENTIAL	$477,400	100 ft
5025 ALDRICH AVE S MINNEAPOLIS MN 55419	JAMIE PATTERSON	RESIDENTIAL	$626,800	125 ft
5029 ALDRICH AVE S MINNEAPOLIS MN 55419	S L PUCKETT & W E PUCKETT	RESIDENTIAL	$713,400	131 ft
5019 ALDRICH AVE S MINNEAPOLIS MN 55419	DAVID C JOHNSON ETAL	RESIDENTIAL	$738,900	138 ft
5036 LYNDALE AVE S MINNEAPOLIS MN 55419	BREANNA R LOVING	RESIDENTIAL	$526,700	150 ft
5008 LYNDALE AVE S MINNEAPOLIS MN 55419	MADONNA M KASBOHM	RESIDENTIAL	$634,800	150 ft
5035 ALDRICH AVE S MINNEAPOLIS MN 55419	GRANT BUNTJE/SUSAN M BUNTJE	RESIDENTIAL	$820,300	154 ft

Property History

Most Recent Sale

Date199003

Price$126,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$10,945