5140 DREW AVE S MINNEAPOLIS MN 55410

PID: 1702824320017

Property Overview

Parcel ID1702824320017

Lot Size6,403 sq ft (0.147 ac)

Lot Dimensions (est.)128 ft wide × 50 ft deep

Year Built1952

Property ClassRESIDENTIAL

OwnerJOSEPH THOMAS MCGOVERN

Assessed Value$1,118,700

Land Value$303,000

Building Value$815,700

Annual Tax$19,415

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

9 permits on record since 2017 · $391K total declared value · Most recent: Dec 2018 (res)

ResDec 2018Closed

CenterPoint Energy Resource Corp

ResAug 2018Closed

Farr Plumbing and Heating LLC

ResJul 2018Closed

Hearth and Home Technologies LLC

ResApr 2018Closed

Hearth and Home Technologies LLC

ResFeb 2018Closed

Farr Plumbing and Heating LLC

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

Neighborhood Profile

Fulton · Minneapolis

Median reported rent1,676/mo

Renter-occupied7.7%

Median home value$543K

Vacancy rate2.7%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1112

Market Snapshot

Zip code 55410

Median sale price$626K+10.3% YoY

Median price / sqft$312/sqft

Median days to close30 days

Active listings56

Source: Redfin Data Center (Invalid Date) · Zip 55410

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 depth88 ft

Area~3,521 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 3,521 sqft buildable area.

Est. units

Yield on cost

1.8%

Spread

-3.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5144 DREW AVE S MINNEAPOLIS MN 55410	R P TUMMALA & AMY D TUMMALA	RESIDENTIAL	$1,131,800	49 ft
5136 DREW AVE S MINNEAPOLIS MN 55410	JENNIFER A COUGHLIN	RESIDENTIAL	$546,000	50 ft
5132 DREW AVE S MINNEAPOLIS MN 55410	TAMMY J O'ROURKE REV TRUST	RESIDENTIAL	$719,200	100 ft
5141 EWING AVE S MINNEAPOLIS MN 55410	C POLLAK/B POLLAK	RESIDENTIAL	$608,400	142 ft
5145 EWING AVE S MINNEAPOLIS MN 55410	V M THREATT & J W JOHNSTON	RESIDENTIAL	$435,000	149 ft
5128 DREW AVE S MINNEAPOLIS MN 55410	ANNA M GERKEN TRUST	RESIDENTIAL	$1,011,800	150 ft
5137 EWING AVE S MINNEAPOLIS MN 55410	ANDREW LAUBER & LAUREN WEDEL	RESIDENTIAL	$568,000	151 ft
5200 DREW AVE S MINNEAPOLIS MN 55410	JANA L LINDBERG	RESIDENTIAL	$573,800	155 ft
3622 52ND ST W MINNEAPOLIS MN 55410	J BENDER & J BENDER	RESIDENTIAL	$976,200	163 ft
5133 EWING AVE S MINNEAPOLIS MN 55410	IAN GARDNER	RESIDENTIAL	$487,800	174 ft

Property History

Most Recent Sale

Date201909

Price$1,035,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$19,415