5101 QUEEN AVE S MINNEAPOLIS MN 55410

PID: 1702824410219

Property Overview

Parcel ID1702824410219

Lot Size7,639 sq ft (0.175 ac)

Lot Dimensions (est.)126 ft wide × 61 ft deep

Year Built1923

Property ClassRESIDENTIAL

OwnerCHERYL L SHRADER-BOGEN TRUST

Assessed Value$1,029,700

Land Value$353,000

Building Value$676,700

Annual Tax$17,731

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2024 · $10K total declared value · Most recent: Jun 2024 (res)

ResJun 2024Closed

Gust Plumbing Inc

ExistresJun 2024Closed

TEAM MECHANICAL INC

RemodelJun 2024Closed

$10K

CRAFT CONSTRUCTION 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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 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 width113 ft

Buildable depth21 ft

Area~4,095 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 4,095 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5107 QUEEN AVE S MINNEAPOLIS MN 55410	N REICHERT & R GOODWIN	RESIDENTIAL	$644,000	60 ft
5057 QUEEN AVE S MINNEAPOLIS MN 55410	GREGORY J LEWIS	RESIDENTIAL	$517,500	110 ft
5115 QUEEN AVE S MINNEAPOLIS MN 55410	ERIC C & MARDELLE M MADSEN	RESIDENTIAL	$893,000	110 ft
5100 PENN AVE S MINNEAPOLIS MN 55419	DENISE R STROMBERG	RESIDENTIAL	$330,000	140 ft
5104 PENN AVE S MINNEAPOLIS MN 55419	D L MATTSON & S C CASPERSON	RESIDENTIAL	$530,000	143 ft
5053 QUEEN AVE S MINNEAPOLIS MN 55410	TODD A BETHEL/PAULA J BETHEL	RESIDENTIAL	$604,500	150 ft
5117 QUEEN AVE S MINNEAPOLIS MN 55410	R M ANCTIL & M E BORNEMAN	RESIDENTIAL	$620,800	150 ft
5108 PENN AVE S MINNEAPOLIS MN 55419	BRENDA HUGHES REVOC TRUST	RESIDENTIAL	$444,200	158 ft
5112 PENN AVE S MINNEAPOLIS MN 55419	PHILLIP & DEBORA BUCCIERI TR	RESIDENTIAL	$482,300	180 ft
5056 PENN AVE S MINNEAPOLIS MN 55419	M J FUERCH & B FUERCH	RESIDENTIAL	$599,500	182 ft

Property History

Most Recent Sale

Date199103

Price$185,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$17,731