5240 ZENITH AVE S MINNEAPOLIS MN 55410

PID: 1702824340064

Property Overview

Parcel ID1702824340064

Lot Size5,535 sq ft (0.127 ac)

Lot Dimensions (est.)129 ft wide × 43 ft deep

Year Built1949

Property ClassRESIDENTIAL

OwnerD HECK & E SHERER

Assessed Value$1,071,900

Land Value$288,000

Building Value$783,900

Annual Tax$18,530

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2018 · $252K total declared value · Most recent: Apr 2021 (res)

ResApr 2021Closed

Master Gas Fitters Inc

ExistresMar 2021Closed

SUNBURST HEATING AND AIR CONDITIONING INC

ResMar 2021Closed

B and B Plumbing Inc

AdditionDec 2020Closed

$250K

ARCHSTONE CONSTRUCTION INC

RemodelJan 2020Closed

$2K

ARCHSTONE CONSTRUCTION INC

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 width33 ft

Buildable depth89 ft

Area~2,927 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 2,927 sqft buildable area.

Est. units

Yield on cost

2.1%

Spread

-3.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5236 ZENITH AVE S MINNEAPOLIS MN 55410	R H RUNDQUIST/T THOMPSON	RESIDENTIAL	$992,900	43 ft
5244 ZENITH AVE S MINNEAPOLIS MN 55410	V A NARULA & P V NARULA	RESIDENTIAL	$659,600	43 ft
5232 ZENITH AVE S MINNEAPOLIS MN 55410	S E H CAMERON/K R T CAMERON	RESIDENTIAL	$779,300	86 ft
5248 ZENITH AVE S MINNEAPOLIS MN 55410	G PEDERSEN & C PEDERSEN	RESIDENTIAL	$947,300	86 ft
5252 ZENITH AVE S MINNEAPOLIS MN 55410	PATRICIA EILEEN DUNN TRUST	RESIDENTIAL	$542,300	127 ft
5228 ZENITH AVE S MINNEAPOLIS MN 55410	H R FUDEH & L M SMAAGAARD	RESIDENTIAL	$552,400	129 ft
5241 ABBOTT AVE S MINNEAPOLIS MN 55410	MORRISON FAMIL IRR TR	RESIDENTIAL	$626,600	141 ft
5237 ABBOTT AVE S MINNEAPOLIS MN 55410	ANAMARIA BETTERMAN	RESIDENTIAL	$619,600	145 ft
5249 ABBOTT AVE S MINNEAPOLIS MN 55410	JAMES RON FROHLICH	RESIDENTIAL	$655,700	159 ft
5233 ABBOTT AVE S MINNEAPOLIS MN 55410	STINSON REVOCABLE FAMILY TR	RESIDENTIAL	$634,700	159 ft

Property History

Most Recent Sale

Date202208

Price$1,203,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$18,530