5015 EMERSON AVE S MINNEAPOLIS MN 55419

PID: 1602824420046

Property Overview

Parcel ID1602824420046

Lot Size7,758 sq ft (0.178 ac)

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

Year Built1921

Property ClassRESIDENTIAL

OwnerLINNEA D BENSON

Assessed Value$1,021,000

Land Value$351,000

Building Value$670,000

Annual Tax$17,567

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

13 permits on record since 2005 · $246K total declared value · Most recent: Jul 2025 (res)

ResJul 2025Expired

Warners Stellian Co Inc

ResNov 2024Closed

CenterPoint Energy Resource Corp

ResJul 2022Closed

SODERLIN PLUMBING HEATING AND AIR

ExistresApr 2022Closed

Midland HVAC LLC

ExistresJul 2021Closed

Midland HVAC LLC

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~4,464 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 4,464 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
5019 EMERSON AVE S MINNEAPOLIS MN 55419	M R ALEXANDER/L K ALEXANDER	RESIDENTIAL	$770,600	60 ft
5009 EMERSON AVE S MINNEAPOLIS MN 55419	CORY DIANE PIPER	RESIDENTIAL	$698,100	60 ft
5025 EMERSON AVE S MINNEAPOLIS MN 55419	M J OLIVER & C C OLIVER	RESIDENTIAL	$649,900	120 ft
5001 EMERSON AVE S MINNEAPOLIS MN 55419	L B & G L DEHAVEN	RESIDENTIAL	$657,000	120 ft
5012 DUPONT AVE S MINNEAPOLIS MN 55419	J D BURTON & S ZAWISTOWSKI	RESIDENTIAL	$883,200	141 ft
5006 DUPONT AVE S MINNEAPOLIS MN 55419	S P SEITZ & S C SEITZ	RESIDENTIAL	$686,800	153 ft
5018 DUPONT AVE S MINNEAPOLIS MN 55419	C F KNAPP/C A M KNAPP RE TR	RESIDENTIAL	$969,600	154 ft
5031 EMERSON AVE S MINNEAPOLIS MN 55419	T KISSELL & M KISSELL	RESIDENTIAL	$949,000	180 ft
5000 DUPONT AVE S MINNEAPOLIS MN 55419	M D FORD & P L FORD	RESIDENTIAL	$619,800	185 ft
5024 DUPONT AVE S MINNEAPOLIS MN 55419	ANNE GARDNER/MATTHEW GARDNER	RESIDENTIAL	$651,400	185 ft

Property History

Most Recent Sale

Date200303

Price$567,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$17,567