5108 PENN AVE S MINNEAPOLIS MN 55419

PID: 1702824410195

Property Overview

Parcel ID1702824410195

Lot Size5,025 sq ft (0.115 ac)

Lot Dimensions (est.)126 ft wide × 40 ft deep

Year Built1919

Property ClassRESIDENTIAL

OwnerBRENDA HUGHES REVOC TRUST

Assessed Value$444,200

Land Value$233,000

Building Value$211,200

Annual Tax$6,758

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2017 · $20K total declared value · Most recent: Oct 2025 (misc)

MiscOct 2025Closed

$3K

THE HOME DEPOT

ResJan 2022Closed

NRH Plumbing Inc

MiscSep 2021Closed

$15K

Haven Builders LLC

ResJul 2020Closed

MN Plumbing & Home Services INC

RemodelNov 2017Closed

$3K

US PATIO SYSTEMS INC

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

Neighborhood Profile

Fulton · Minneapolis

Median reported rent1,771/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 55419

Median sale price$494K-4.7% YoY

Median price / sqft$270/sqft

Median days to close29 days

Active listings30

Source: Redfin Data Center (Invalid Date) · Zip 55419

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 width30 ft

Buildable depth86 ft

Area~2,569 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 2,569 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5104 PENN AVE S MINNEAPOLIS MN 55419	D L MATTSON & S C CASPERSON	RESIDENTIAL	$530,000	40 ft
5112 PENN AVE S MINNEAPOLIS MN 55419	PHILLIP & DEBORA BUCCIERI TR	RESIDENTIAL	$482,300	40 ft
5100 PENN AVE S MINNEAPOLIS MN 55419	DENISE R STROMBERG	RESIDENTIAL	$330,000	80 ft
5116 PENN AVE S MINNEAPOLIS MN 55419	KIMBERLEY TODD & W V STEVENS	RESIDENTIAL	$495,100	80 ft
5120 PENN AVE S MINNEAPOLIS MN 55419	BENJAMIN WALKER	RESIDENTIAL-TWO UNIT	$473,700	120 ft
5107 QUEEN AVE S MINNEAPOLIS MN 55410	N REICHERT & R GOODWIN	RESIDENTIAL	$644,000	140 ft
5115 QUEEN AVE S MINNEAPOLIS MN 55410	ERIC C & MARDELLE M MADSEN	RESIDENTIAL	$893,000	145 ft
5101 QUEEN AVE S MINNEAPOLIS MN 55410	CHERYL L SHRADER-BOGEN TRUST	RESIDENTIAL	$1,029,700	158 ft
5124 PENN AVE S MINNEAPOLIS MN 55419	STEVEN L ABRAMSON	RESIDENTIAL	$328,400	160 ft
5117 QUEEN AVE S MINNEAPOLIS MN 55410	R M ANCTIL & M E BORNEMAN	RESIDENTIAL	$620,800	160 ft

Property History

Most Recent Sale

Date202111

Price$383,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,758