5026 EMERSON AVE S MINNEAPOLIS MN 55419

PID: 1602824420013

Property Overview

Parcel ID1602824420013

Lot Size7,759 sq ft (0.178 ac)

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

Year Built1909

Property ClassRESIDENTIAL

OwnerSARAH LOUISE MITCHELL REV TR

Assessed Value$881,200

Land Value$351,000

Building Value$530,200

Annual Tax$14,922

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2014 · $170K total declared value · Most recent: Feb 2024 (existres)

ExistresFeb 2024Closed

TEAM MECHANICAL INC

ResJan 2024Closed

Welter and Blaylock Inc

RemodelDec 2023Closed

$162K

THE TRANSFORMED TREE INC

MiscSep 2017Closed

$8K

CROSSROAD CONSTRUCTION INC

Building Re-inspectionDec 2014

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 width50 ft

Buildable depth89 ft

Area~4,465 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 4,465 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5022 EMERSON AVE S MINNEAPOLIS MN 55419	KEVIN ARIO & PAULA ARIO	RESIDENTIAL	$716,800	50 ft
5030 EMERSON AVE S MINNEAPOLIS MN 55419	PAUL NOENNIG/KIM LEDERMANN	RESIDENTIAL	$1,052,000	60 ft
5018 EMERSON AVE S MINNEAPOLIS MN 55419	S P UNOWSKY & V J UNOWSKY	RESIDENTIAL	$750,100	90 ft
5038 EMERSON AVE S MINNEAPOLIS MN 55419	E ZIMMERMAN & E PURDY	RESIDENTIAL	$665,900	120 ft
5012 EMERSON AVE S MINNEAPOLIS MN 55419	SUSAN C OLSON TRUST	RESIDENTIAL	$690,900	130 ft
5025 FREMONT AVE S MINNEAPOLIS MN 55419	RANDOLPH A BELL/ERIN K BELL	RESIDENTIAL-TWO UNIT	$895,600	141 ft
5031 FREMONT AVE S MINNEAPOLIS MN 55419	RACHEL G HOLMAN	RESIDENTIAL	$588,800	153 ft
5021 FREMONT AVE S MINNEAPOLIS MN 55419	R A JUSTMAN & S C JUSTMAN	RESIDENTIAL	$701,700	154 ft
5006 EMERSON AVE S MINNEAPOLIS MN 55419	JEFFREY RILEY & AMY RILEY	RESIDENTIAL	$667,000	180 ft
5042 EMERSON AVE S MINNEAPOLIS MN 55419	RAKA MUSTAPHI MITRA	RESIDENTIAL	$1,029,500	180 ft

Property History

Most Recent Sale

Date201203

Price$350,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$14,922