5237 47TH AVE S MINNEAPOLIS MN 55417

PID: 1702823330125

Property Overview

Parcel ID1702823330125

Lot Size4,962 sq ft (0.114 ac)

Lot Dimensions (est.)76 ft wide × 65 ft deep

Year Built1928

Property ClassRESIDENTIAL

OwnerZACHARY S AAKER

Assessed Value$288,100

Land Value$126,000

Building Value$162,100

Annual Tax$4,412

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

Minnehaha · 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

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 width120 ft

Buildable depth0 ft

Area~776 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 776 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5241 47TH AVE S MINNEAPOLIS MN 55417	ADELAIDO RUACHO UZUETA ET AL	RESIDENTIAL	$265,300	67 ft
5232 MINNEHAHA AVE MINNEAPOLIS MN 55417	GARRON HAUBNER	RESIDENTIAL	$268,300	96 ft
5228 MINNEHAHA AVE MINNEAPOLIS MN 55417	MENNO SCHUKKING	RESIDENTIAL	$256,000	102 ft
5245 47TH AVE S MINNEAPOLIS MN 55417	J L MOE & J C BERRY	RESIDENTIAL	$264,000	108 ft
5224 MINNEHAHA AVE MINNEAPOLIS MN 55417	NICHOLAS E KEENER	RESIDENTIAL	$290,500	122 ft
5220 MINNEHAHA AVE MINNEAPOLIS MN 55417	SANDRA D VOGEL	RESIDENTIAL	$211,200	150 ft
5249 47TH AVE S MINNEAPOLIS MN 55417	TODD OLSON	RESIDENTIAL	$312,900	150 ft
5240 47TH AVE S MINNEAPOLIS MN 55417	SAMUEL ABDO	RESIDENTIAL	$277,500	150 ft
5244 47TH AVE S MINNEAPOLIS MN 55417	KEVIN JIANG	RESIDENTIAL	$296,500	151 ft
5236 47TH AVE S MINNEAPOLIS MN 55417	KEVIN KUJAWA	RESIDENTIAL	$283,000	159 ft

Property History

Most Recent Sale

Date201603

Price$187,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,412