5057 THOMAS AVE S MINNEAPOLIS MN 55410

PID: 1702824410094

Property Overview

Parcel ID1702824410094

Lot Size5,080 sq ft (0.117 ac)

Lot Dimensions (est.)127 ft wide × 40 ft deep

Year Built1926

Property ClassRESIDENTIAL

OwnerBRIAN LYNCH & KELLY LYNCH

Assessed Value$611,200

Land Value$298,000

Building Value$313,200

Annual Tax$9,814

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2020 · $18K total declared value · Most recent: Jul 2024 (misc)

MiscJul 2024Closed

$4K

NMC EXTERIORS AND REMODELING

RemodelAug 2020Closed

$14K

NIEDFELDT HOME REMODELING LLC

ResAug 2020Closed

Nybo Peterson Plumbing Co Inc

ExistresAug 2020Closed

PRACTICAL SYSTEMS AND DUCTWORK HEATING AND COOLING

ExistresMar 2020Closed

McQuillan Bros Plumbing Heating & AC LLC

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

Neighborhood Profile

Fulton · Minneapolis

Median reported rent1,771/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

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width114 ft

Buildable depth0 ft

Area~2,348 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 2,348 sqft buildable area.

Est. units

Yield on cost

1.2%

Spread

-4.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5053 THOMAS AVE S MINNEAPOLIS MN 55410	JAMES A MANCHESTER ET AL	RESIDENTIAL	$661,200	40 ft
5049 THOMAS AVE S MINNEAPOLIS MN 55410	TODD A TROHA & SUSAN J TROHA	RESIDENTIAL	$688,400	80 ft
5101 THOMAS AVE S MINNEAPOLIS MN 55410	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	100 ft
5045 THOMAS AVE S MINNEAPOLIS MN 55410	E FERTIG & M DORAN	RESIDENTIAL	$496,700	120 ft
5105 THOMAS AVE S MINNEAPOLIS MN 55410	S D JANCKILA & L C JANCKILA	RESIDENTIAL	$1,003,000	139 ft
5058 SHERIDAN AVE S MINNEAPOLIS MN 55410	ANTON DEDEN & ARIANA DEDEN	RESIDENTIAL	$538,400	141 ft
5050 SHERIDAN AVE S MINNEAPOLIS MN 55410	THOMAS J LEACH III	RESIDENTIAL-TWO UNIT	$701,400	153 ft
5041 THOMAS AVE S MINNEAPOLIS MN 55410	G SCHACH & Q T SCHACH	RESIDENTIAL	$603,000	160 ft
5100 SHERIDAN AVE S MINNEAPOLIS MN 55410	BUDD A L PREMACK ETAL	RESIDENTIAL	$623,000	174 ft
5109 THOMAS AVE S MINNEAPOLIS MN 55410	MATTHEW T JENSEN	RESIDENTIAL	$445,300	179 ft

Property History

Most Recent Sale

Date201704

Price$485,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$9,814