5351 HIAWATHA LA MINNEAPOLIS MN 55417

PID: 1702823340044

Property Overview

Parcel ID1702823340044

Lot Size8,680 sq ft (0.199 ac)

Lot Dimensions (est.)185 ft wide × 47 ft deep

Year Built1945

Property ClassRESIDENTIAL

OwnerAMY M GAALAAS

Assessed Value$284,700

Land Value$101,000

Building Value$183,700

Annual Tax$4,324

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

2 permits on record since 2023 · Most recent: Mar 2024 (res)

ResMar 2024Closed

Hero Home Services LLC

ResFeb 2023Closed

CenterPoint Energy Resource Corp

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

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

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 width40 ft

Buildable depth134 ft

Area~5,262 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 5,262 sqft buildable area.

Est. units

Yield on cost

3.0%

Spread

-2.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5347 HIAWATHA LA MINNEAPOLIS MN 55417	DEREK R KAUFFMAN	RESIDENTIAL	$343,800	51 ft
5006 54TH ST E MINNEAPOLIS MN 55417	LORI A MUELLER	RESIDENTIAL	$235,000	88 ft
5012 54TH ST E MINNEAPOLIS MN 55417	C HAYLER & Y K HAYLER	RESIDENTIAL	$233,100	94 ft
5343 HIAWATHA LA MINNEAPOLIS MN 55417	JOYCE M DU PONT	RESIDENTIAL	$253,800	104 ft
5000 54TH ST E MINNEAPOLIS MN 55417	BARNABY NELSON WIESNER	RESIDENTIAL	$217,600	107 ft
5016 54TH ST E MINNEAPOLIS MN 55417	ALI MILLER & ANDREW PORN	RESIDENTIAL	$346,200	136 ft
5339 HIAWATHA LA MINNEAPOLIS MN 55417	S J EMMERT & R S RIDLEY	RESIDENTIAL	$385,000	156 ft
5358 HIAWATHA LA MINNEAPOLIS MN 55417	IAN G LEASK/SUSAN M SKELTON	RESIDENTIAL-TWO UNIT	$466,400	185 ft
5350 HIAWATHA LA MINNEAPOLIS MN 55417	CITY OF LAKES COMM LAND TRST	—	$203,100	197 ft
5333 HIAWATHA LA MINNEAPOLIS MN 55417	TROY N MIDBOE TRUST	RESIDENTIAL	$243,200	204 ft

Property History

Current Tax Year

Year2026

Tax Due$4,324