5121 QUEEN AVE S MINNEAPOLIS MN 55410

PID: 1702824410215

Property Overview

Parcel ID1702824410215

Lot Size5,038 sq ft (0.116 ac)

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

Year Built1922

Property ClassRESIDENTIAL

OwnerKAIA KEGLEY

Assessed Value$749,000

Land Value$296,000

Building Value$453,000

Annual Tax$12,422

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2017 · $90K total declared value · Most recent: Apr 2021 (misc)

MiscApr 2021Closed

$13K

BERKSHIRE HOME SOLUTIONS

ResDec 2020Closed

Vito Mechanical Inc

MiscNov 2020Closed

$8K

SCHERER BROTHERS LUMBER CO

ExistresJun 2019Closed

UPTOWN PLUMBING HEATING AND COOLING

RemodelMar 2017Closed

$67K

KRONUS CONSTRUCTION

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 depth86 ft

Area~2,579 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 2,579 sqft buildable area.

Est. units

Yield on cost

3.1%

Spread

-2.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5125 QUEEN AVE S MINNEAPOLIS MN 55410	GEORGE C HESS	RESIDENTIAL	$646,400	40 ft
5117 QUEEN AVE S MINNEAPOLIS MN 55410	R M ANCTIL & M E BORNEMAN	RESIDENTIAL	$620,800	40 ft
5129 QUEEN AVE S MINNEAPOLIS MN 55410	J M WEYANDT & B M HANCOCK	RESIDENTIAL	$577,900	80 ft
5115 QUEEN AVE S MINNEAPOLIS MN 55410	ERIC C & MARDELLE M MADSEN	RESIDENTIAL	$893,000	80 ft
5133 QUEEN AVE S MINNEAPOLIS MN 55410	CHARLES C SPEAR	RESIDENTIAL	$643,500	120 ft
5107 QUEEN AVE S MINNEAPOLIS MN 55410	N REICHERT & R GOODWIN	RESIDENTIAL	$644,000	130 ft
5120 PENN AVE S MINNEAPOLIS MN 55419	BENJAMIN WALKER	RESIDENTIAL-TWO UNIT	$473,700	140 ft
5116 PENN AVE S MINNEAPOLIS MN 55419	KIMBERLEY TODD & W V STEVENS	RESIDENTIAL	$495,100	145 ft
5124 PENN AVE S MINNEAPOLIS MN 55419	STEVEN L ABRAMSON	RESIDENTIAL	$328,400	146 ft
5112 PENN AVE S MINNEAPOLIS MN 55419	PHILLIP & DEBORA BUCCIERI TR	RESIDENTIAL	$482,300	159 ft

Property History

Most Recent Sale

Date202008

Price$661,200

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$12,422