5328 HIAWATHA LA MINNEAPOLIS MN 55417

PID: 1702823330006

Property Overview

Parcel ID1702823330006

Lot Size5,545 sq ft (0.127 ac)

Lot Dimensions (est.)153 ft wide × 36 ft deep

Year Built1942

Property ClassRESIDENTIAL

OwnerMICHAEL P SCHULTE

Assessed Value$294,000

Land Value$107,000

Building Value$187,000

Annual Tax$4,821

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Minneapolis

Median reported rent1,555/mo

Renter-occupied20.2%

Median home value$286K

Vacancy rate11.3%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 119.98

Market Snapshot

Zip code 55417

Median sale price$371K-4.4% YoY

Median price / sqft$244/sqft

Median days to close34 days

Active listings28

Source: Redfin Data Center (Invalid Date) · Zip 55417

Zoning

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width36 ft

Buildable depth81 ft

Area~2,829 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 2,829 sqft buildable area.

Est. units

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5332 HIAWATHA LA MINNEAPOLIS MN 55417	ANTHONY EDWARD JOHNSON	RESIDENTIAL	$279,000	47 ft
5324 HIAWATHA LA MINNEAPOLIS MN 55417	HAILEE MECHELL BOSTON	RESIDENTIAL	$246,200	57 ft
5336 HIAWATHA LA MINNEAPOLIS MN 55417	ERIC C VARGO	RESIDENTIAL	$271,700	92 ft
5320 HIAWATHA LA MINNEAPOLIS MN 55417	ELIZABETH MALCHOW	RESIDENTIAL	$241,100	120 ft
5337 MINNEHAHA AVE MINNEAPOLIS MN 55417	ADIL NAJMUDDIN	RESIDENTIAL-TWO UNIT	$279,900	136 ft
5340 HIAWATHA LA MINNEAPOLIS MN 55417	REGINA C BYRD	RESIDENTIAL	$331,000	137 ft
5333 MINNEHAHA AVE MINNEAPOLIS MN 55417	RAZA NEHAL NAJMUDDIN ET AL	RESIDENTIAL-TWO UNIT	$246,300	142 ft
5341 MINNEHAHA AVE MINNEAPOLIS MN 55417	MDI LIMITED PTRNSHP #64	LOW INCOME RENTAL	$1,045,000	147 ft
5329 MINNEHAHA AVE MINNEAPOLIS MN 55417	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	165 ft
5345 MINNEHAHA AVE MINNEAPOLIS MN 55417	MDI LIMITED PTRNSHP #64	LOW INCOME RENTAL	$1,046,000	171 ft

Property History

Most Recent Sale

Date202206

Price$319,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,821