720 53RD ST W MINNEAPOLIS MN 55419

PID: 1602824440136

Property Overview

Parcel ID1602824440136

Lot Size6,259 sq ft (0.144 ac)

Lot Dimensions (est.)60 ft wide × 104 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerMARIA OLSZEWSKA/ZACHARY WEIL

Assessed Value$574,100

Land Value$329,000

Building Value$245,100

Annual Tax$9,112

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2020 · $9K total declared value · Most recent: Apr 2022 (misc)

MiscApr 2022Expired

$5K

22nd Century Roofing

MiscApr 2022Cancelled

$4K

22nd Century Roofing

ResMar 2022Closed

CenterPoint Energy Resource Corp

ExistresMar 2020Closed

Erickson Plumbing Heating Cooling 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 width50 ft

Buildable depth64 ft

Area~1,290 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 1,290 sqft buildable area.

Est. units

Yield on cost

2.0%

Spread

-3.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
724 53RD ST W MINNEAPOLIS MN 55419	JOHN BRIEL/BOJAN MANOJLOVIC	RESIDENTIAL	$713,700	60 ft
719 W MINNEHAHA PKWY MINNEAPOLIS MN 55419	N M BROZEN & M WERTZ	RESIDENTIAL	$720,900	117 ft
800 53RD ST W MINNEAPOLIS MN 55419	NANCY J KERSTEN REV TRUST	RESIDENTIAL	$857,000	120 ft
721 W MINNEHAHA PKWY MINNEAPOLIS MN 55419	M TWEEDALE & T CHIVILEVA	RESIDENTIAL	$803,100	132 ft
715 W MINNEHAHA PKWY MINNEAPOLIS MN 55419	JEREMY TICEY & DANAE MOORE	RESIDENTIAL	$790,100	133 ft
725 53RD ST W MINNEAPOLIS MN 55419	C J GARDEN & O J DAVIES	RESIDENTIAL	$542,000	139 ft
5244 LYNDALE AVE S MINNEAPOLIS MN 55419	COUNTY OF HENNEPIN	COMMERCIAL-PREFERRED	$0	149 ft
801 W MINNEHAHA PKWY MINNEAPOLIS MN 55419	THOMAS DESLAURIERS ET AL	RESIDENTIAL	$823,900	168 ft
808 53RD ST W MINNEAPOLIS MN 55419	ZACHARY MILLER/LAURA MILLER	RESIDENTIAL	$800,600	180 ft
5305 ALDRICH AVE S MINNEAPOLIS MN 55419	ANNA-MARIA K BLISS	RESIDENTIAL	$466,300	186 ft

Property History

Most Recent Sale

Date202112

Price$550,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,112