5006 EMERSON AVE S MINNEAPOLIS MN 55419

PID: 1602824420009

Property Overview

Parcel ID1602824420009

Lot Size7,764 sq ft (0.178 ac)

Lot Dimensions (est.)129 ft wide × 60 ft deep

Year Built1922

Property ClassRESIDENTIAL

OwnerJEFFREY RILEY & AMY RILEY

Assessed Value$667,000

Land Value$352,000

Building Value$315,000

Annual Tax$10,871

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

15 permits on record since 2017 · $53K total declared value · Most recent: Feb 2021 (existres)

ExistresFeb 2021Closed

Airic's Heating & Air Conditioning Inc

ExistresJul 2018Closed

Jeffrey Riley

ResJun 2018Closed

Jeffrey Riley

RemodelJun 2018Closed

$3K

G3 Development Corp.

ResMay 2018Closed

Weld and Sons Plumbing 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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width50 ft

Buildable depth89 ft

Area~4,468 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 3-story wood frame (5–12 units) benchmarks for 4,468 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5012 EMERSON AVE S MINNEAPOLIS MN 55419	SUSAN C OLSON TRUST	RESIDENTIAL	$690,900	50 ft
5000 EMERSON AVE S MINNEAPOLIS MN 55419	J J BRONSON & E M GEIWITZ	RESIDENTIAL	$592,400	63 ft
1211 50TH ST W MINNEAPOLIS MN 55419	AMY M SURBER	RESIDENTIAL	$282,900	75 ft
5018 EMERSON AVE S MINNEAPOLIS MN 55419	S P UNOWSKY & V J UNOWSKY	RESIDENTIAL	$750,100	90 ft
5022 EMERSON AVE S MINNEAPOLIS MN 55419	KEVIN ARIO & PAULA ARIO	RESIDENTIAL	$716,800	130 ft
5007 FREMONT AVE S MINNEAPOLIS MN 55419	K MCCREIGHT & P MCCREIGHT	RESIDENTIAL	$801,000	141 ft
5015 FREMONT AVE S MINNEAPOLIS MN 55419	ANNA LISA LINDBERG CEDAR	RESIDENTIAL	$917,500	153 ft
5001 FREMONT AVE S MINNEAPOLIS MN 55419	JOHN GERKEN & J GERKEN	RESIDENTIAL	$650,600	154 ft
4956 EMERSON AVE S MINNEAPOLIS MN 55419	E BLANCO & V A BLANCO	RESIDENTIAL	$545,200	173 ft
5026 EMERSON AVE S MINNEAPOLIS MN 55419	SARAH LOUISE MITCHELL REV TR	RESIDENTIAL	$881,200	180 ft

Property History

Most Recent Sale

Date201707

Price$505,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$10,871