5000 VINCENT AVE S MINNEAPOLIS MN 55410

PID: 1702824420057

Property Overview

Parcel ID1702824420057

Lot Size5,133 sq ft (0.118 ac)

Lot Dimensions (est.)128 ft wide × 40 ft deep

Year Built1955

Property ClassRESIDENTIAL-TWO UNIT

Owner5000 VENCENT #2 LLC

Assessed Value$546,200

Land Value$231,000

Building Value$315,200

Annual Tax$10,333

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2017 · $18K total declared value · Most recent: Sep 2023 (misc)

MiscSep 2023Closed

$16K

CV CONTRACTING LLC

AdditionSep 2023Closed

$3K

ABEL'S CONCRETE AND CONSTRUCTION

ExistresDec 2017Closed

Standard Heating and Air Conditioning Inc

ExistresOct 2017Closed

UPTOWN PLUMBING HEATING AND COOLING

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

RM1Residence Goods and Services

Residential Mixed-Use 1 — low-density mixed residential

Typical Uses

·Apartments
·Townhomes
·Neighborhood-scale retail on ground floor

Max Height45 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.)10 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width113 ft

Buildable depth0 ft

Area~2,208 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 small multifamily (2–4 units, wood frame) benchmarks for 2,208 sqft buildable area.

Est. units

Yield on cost

3.0%

Spread

-2.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5004 VINCENT AVE S MINNEAPOLIS MN 55410	A E KEDIR & J L MACKEN	RESIDENTIAL	$872,100	40 ft
5008 VINCENT AVE S MINNEAPOLIS MN 55410	RYAN COOPER & SARA COOPER	RESIDENTIAL	$575,700	80 ft
5012 VINCENT AVE S MINNEAPOLIS MN 55410	SIMON M & ALISSA EDE	RESIDENTIAL	$518,800	120 ft
2915 50TH ST W MINNEAPOLIS MN 55410	FULTON TERRACE LLC	APARTMENT	$3,454,000	141 ft
5016 VINCENT AVE S MINNEAPOLIS MN 55410	THEODORE SCHECKEL	RESIDENTIAL	$486,000	160 ft
5009 WASHBURN AVE S MINNEAPOLIS MN 55410	ANDREA GIUDICE & M GIUDICE	RESIDENTIAL	$494,900	160 ft
5015 WASHBURN AVE S MINNEAPOLIS MN 55410	M D MCGARRY & N B MCGARRY	RESIDENTIAL	$581,800	183 ft
5001 VINCENT AVE S MINNEAPOLIS MN 55410	SANDRA L STOESZ	RESIDENTIAL	$438,800	188 ft
5005 VINCENT AVE S MINNEAPOLIS MN 55410	N M ENTINGER & S R ENTINGER	RESIDENTIAL	$556,300	193 ft
5020 VINCENT AVE S MINNEAPOLIS MN 55410	BRYAN D TOFT/ALYSSA A M TOFT	RESIDENTIAL	$1,001,600	200 ft

Property History

Most Recent Sale

Date201805

Price$465,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$10,333