5056 EMERSON AVE S MINNEAPOLIS MN 55419

PID: 1602824420018

Property Overview

Parcel ID1602824420018

Lot Size7,752 sq ft (0.178 ac)

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

Year Built1921

Property ClassRESIDENTIAL

OwnerSEAN O'BRIEN/MALLORY O'BRIEN

Assessed Value$744,400

Land Value$351,000

Building Value$393,400

Annual Tax$12,334

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2017 · $4K total declared value · Most recent: Jun 2023 (existres)

ExistresJun 2023Closed

Standard Heating and Air Conditioning Inc

ExistresJan 2018Closed

Erickson Plumbing Heating Cooling Inc

MiscDec 2017Closed

$4K

CROSSROAD CONSTRUCTION INC

ResSep 2017Closed

Plumbing Services 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

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 width116 ft

Buildable depth20 ft

Area~4,191 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 4,191 sqft buildable area.

Est. units

Yield on cost

2.3%

Spread

-3.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5050 EMERSON AVE S MINNEAPOLIS MN 55419	J S & J M HOKANSON	RESIDENTIAL	$1,033,000	60 ft
5100 EMERSON AVE S MINNEAPOLIS MN 55419	M BROWN & P BROWN	RESIDENTIAL	$635,300	115 ft
5042 EMERSON AVE S MINNEAPOLIS MN 55419	RAKA MUSTAPHI MITRA	RESIDENTIAL	$1,029,500	120 ft
5055 FREMONT AVE S MINNEAPOLIS MN 55419	P D BUSH & K E BISHOP	RESIDENTIAL	$952,700	141 ft
5051 FREMONT AVE S MINNEAPOLIS MN 55419	J R & K F CRANNEY	RESIDENTIAL	$1,120,500	153 ft
5106 EMERSON AVE S MINNEAPOLIS MN 55419	RICHARD E SHINOFIELD & WIFE	RESIDENTIAL	$837,500	163 ft
5038 EMERSON AVE S MINNEAPOLIS MN 55419	E ZIMMERMAN & E PURDY	RESIDENTIAL	$665,900	180 ft
5043 FREMONT AVE S MINNEAPOLIS MN 55419	J G STEINBERG/K V WATSON	RESIDENTIAL	$841,200	185 ft
5055 EMERSON AVE S MINNEAPOLIS MN 55419	JANE RIVAS	RESIDENTIAL	$742,800	189 ft
1215 51ST ST W MINNEAPOLIS MN 55419	D CRAMER & C REED	RESIDENTIAL	$633,100	196 ft

Property History

Most Recent Sale

Date202106

Price$615,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$12,334