5029 THOMAS AVE S MINNEAPOLIS MN 55410

PID: 1702824410101

Property Overview

Parcel ID1702824410101

Lot Size5,077 sq ft (0.117 ac)

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

Year Built1925

Property ClassRESIDENTIAL

OwnerLAURIE WILLHITE RV LIV TRUST

Assessed Value$624,800

Land Value$298,000

Building Value$326,800

Annual Tax$10,072

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

8 permits on record since 2008 · $160K total declared value · Most recent: Nov 2025 (existres)

ExistresNov 2025Closed

4Front Energy Solutions Inc

RemodelNov 2025Closed

$24K

CASTLE BUILDING & REMODELING INC

ResOct 2025Closed

A Johnson Plumbing Inc

MiscApr 2025Closed

$9K

SCHERER BROTHERS LUMBER CO

ExistresFeb 2025Closed

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 width30 ft

Buildable depth87 ft

Area~2,607 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 2,607 sqft buildable area.

Est. units

Yield on cost

3.1%

Spread

-2.4%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5033 THOMAS AVE S MINNEAPOLIS MN 55410	JANE T TRUHLAR REVOCABLE TR	RESIDENTIAL	$635,800	40 ft
5025 THOMAS AVE S MINNEAPOLIS MN 55410	M A LUNDQUIST/Z S LUNDQUIST	RESIDENTIAL	$638,500	40 ft
5037 THOMAS AVE S MINNEAPOLIS MN 55410	C GRANGAARD & J GRANGAARD	RESIDENTIAL	$657,200	80 ft
5021 THOMAS AVE S MINNEAPOLIS MN 55410	D L & L A HAGER	RESIDENTIAL	$497,700	80 ft
5041 THOMAS AVE S MINNEAPOLIS MN 55410	G SCHACH & Q T SCHACH	RESIDENTIAL	$603,000	120 ft
5017 THOMAS AVE S MINNEAPOLIS MN 55410	P B GOLDFARB LISS & G A LISS	RESIDENTIAL	$640,200	120 ft
5024 SHERIDAN AVE S MINNEAPOLIS MN 55410	B FANNING & E FANNING	RESIDENTIAL-TWO UNIT	$643,400	144 ft
5030 SHERIDAN AVE S MINNEAPOLIS MN 55410	A ELIZABETH & C HAJNY	RESIDENTIAL-TWO UNIT	$639,300	144 ft
5034 SHERIDAN AVE S MINNEAPOLIS MN 55410	CITY OF MPLS	VACANT LAND-RESIDENTIAL	$0	153 ft
5045 THOMAS AVE S MINNEAPOLIS MN 55410	E FERTIG & M DORAN	RESIDENTIAL	$496,700	160 ft

Property History

Most Recent Sale

Date199411

Price$144,400

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$10,072