5021 SHERIDAN AVE S MINNEAPOLIS MN 55410

PID: 1702824410077

Property Overview

Parcel ID1702824410077

Lot Size6,091 sq ft (0.140 ac)

Lot Dimensions (est.)127 ft wide × 48 ft deep

Year Built1926

Property ClassRESIDENTIAL

OwnerOMRI SHOCHATOVITZ TR ET AL

Assessed Value$694,200

Land Value$316,000

Building Value$378,200

Annual Tax$11,385

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2020 · $60K total declared value · Most recent: Dec 2025 (res)

ResDec 2025Closed

Berg Plumbing and Heating Inc

ResJul 2023Closed

NRH Plumbing Inc

ExistresJul 2023Closed

STAFFORD HOME SERVICE

RemodelJul 2023Final Inspection

$60K

Revival Development Inc

ExistresDec 2020Closed

STAFFORD HOME SERVICE

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

Neighborhood Profile

Fulton · Minneapolis

Median reported rent1,771/mo

Renter-occupied10.4%

Median home value$551K

Vacancy rate5.7%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1113

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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width38 ft

Buildable depth87 ft

Area~3,302 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 small multifamily (2–4 units, wood frame) benchmarks for 3,302 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5017 SHERIDAN AVE S MINNEAPOLIS MN 55410	MERCADO FAMILY LLC	RESIDENTIAL	$512,500	44 ft
5025 SHERIDAN AVE S MINNEAPOLIS MN 55410	SYLIA WILSON	RESIDENTIAL	$592,000	46 ft
5013 SHERIDAN AVE S MINNEAPOLIS MN 55410	C KERN & C SULLIVAN	RESIDENTIAL	$508,900	84 ft
5029 SHERIDAN AVE S MINNEAPOLIS MN 55410	K M B THILL & R M RICHARDSON	RESIDENTIAL	$685,400	105 ft
5007 SHERIDAN AVE S MINNEAPOLIS MN 55410	SANGEETA VATS & VINOD VATS	RESIDENTIAL-TWO UNIT	$716,900	131 ft
5020 RUSSELL AVE S MINNEAPOLIS MN 55410	ELIZABETH E ERDAHL	RESIDENTIAL-TWO UNIT	$639,200	141 ft
5016 RUSSELL AVE S MINNEAPOLIS MN 55410	STEVEN V CRUM	RESIDENTIAL	$367,500	144 ft
5033 SHERIDAN AVE S MINNEAPOLIS MN 55410	CITY OF MPLS	VACANT LAND-RESIDENTIAL	$0	145 ft
5024 RUSSELL AVE S MINNEAPOLIS MN 55410	CHERYL L ROBINSON	RESIDENTIAL	$409,000	150 ft
5012 RUSSELL AVE S MINNEAPOLIS MN 55410	N D NAJJAR & K NAJJAR	RESIDENTIAL	$694,100	157 ft

Property History

Most Recent Sale

Date199511

Price$232,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$11,385