5125 FRANCE AVE S MINNEAPOLIS MN 55410

PID: 1702824320229

Property Overview

Parcel ID1702824320229

Lot Size23,306 sq ft (0.535 ac)

Lot Dimensions (est.)133 ft wide × 175 ft deep

Year Built2023

Property ClassAPARTMENT

Owner51 FRANCE LLC

Assessed Value$13,400,000

Land Value$849,200

Building Value$12,550,800

Annual Tax$254,105

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Potentially 4d-Eligible PropertyMedium

Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.

Minneapolis — 4d Affordable Housing Incentive ↗

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

Permit History

No permits found in Minneapolis open data for this parcel.

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

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 width170 ft

Buildable depth89 ft

Area~15,202 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 3-story wood frame (5–12 units) benchmarks for 15,202 sqft buildable area.

Est. units

Yield on cost

4.1%

Spread

-1.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5117 FRANCE AVE S MINNEAPOLIS MN 55410	5117 FRANCE LLC	RESIDENTIAL	$318,000	110 ft
5145 FRANCE AVE S MINNEAPOLIS MN 55410	G F SCHWARTZ & C A FEHST	RESIDENTIAL-TWO UNIT	$610,100	125 ft
5124 EWING AVE S MINNEAPOLIS MN 55410	D G TARACKS & B D TARACKS	RESIDENTIAL	$540,000	135 ft
5128 EWING AVE S MINNEAPOLIS MN 55410	B T BREDEMUS & O B SANCHEZ	RESIDENTIAL	$532,000	136 ft
5136 EWING AVE S MINNEAPOLIS MN 55410	KRISTINA PETERSON	RESIDENTIAL	$463,000	143 ft
5120 EWING AVE S MINNEAPOLIS MN 55410	R S JOHNSON & A R GLAWE	RESIDENTIAL	$936,100	148 ft
5115 FRANCE AVE S MINNEAPOLIS MN 55410	FRANK KREISER NO. 2	RESIDENTIAL	$295,000	154 ft
5116 EWING AVE S MINNEAPOLIS MN 55410	MARY ELIZABETH THAM	RESIDENTIAL	$636,400	172 ft
5140 EWING AVE S MINNEAPOLIS MN 55410	D W OLIVER & M A WAGENIUS	RESIDENTIAL	$619,000	175 ft
5116 FRANCE AVE S EDINA MN 55410	DANIEL C CAVANAUGH	RESIDENTIAL	$458,400	195 ft

Property History

Current Tax Year

Year2026

Tax Due$254,105