5016 VINCENT AVE S MINNEAPOLIS MN 55410

PID: 1702824420061

Property Overview

Parcel ID1702824420061

Lot Size5,133 sq ft (0.118 ac)

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

Year Built1914

Property ClassRESIDENTIAL

OwnerTHEODORE SCHECKEL

Assessed Value$486,000

Land Value$298,000

Building Value$188,000

Annual Tax$7,456

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

8 permits on record since 2018 · $54K total declared value · Most recent: Sep 2023 (res)

ResSep 2023Expired

FFM LLC

ResSep 2023Cancelled

FFM LLC

ResSep 2022Expired

CHAMPION PLUMBING LLC

ExistresJul 2022Closed

GV Heating and Air Inc

MiscJun 2022Closed

$26K

Minnesota Rusco 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 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 depth88 ft

Area~2,649 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 2,649 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
5012 VINCENT AVE S MINNEAPOLIS MN 55410	SIMON M & ALISSA EDE	RESIDENTIAL	$518,800	40 ft
5020 VINCENT AVE S MINNEAPOLIS MN 55410	BRYAN D TOFT/ALYSSA A M TOFT	RESIDENTIAL	$1,001,600	40 ft
5008 VINCENT AVE S MINNEAPOLIS MN 55410	RYAN COOPER & SARA COOPER	RESIDENTIAL	$575,700	80 ft
5024 VINCENT AVE S MINNEAPOLIS MN 55410	STEPHANIE JEAN CARLSON	RESIDENTIAL	$491,700	80 ft
5004 VINCENT AVE S MINNEAPOLIS MN 55410	A E KEDIR & J L MACKEN	RESIDENTIAL	$872,100	120 ft
5028 VINCENT AVE S MINNEAPOLIS MN 55410	ANDREA M SPARTZ	RESIDENTIAL	$506,700	120 ft
5017 WASHBURN AVE S MINNEAPOLIS MN 55410	M E BARRY & J BARRY	RESIDENTIAL	$466,300	140 ft
5021 WASHBURN AVE S MINNEAPOLIS MN 55410	DILLMANS BAY PROPERTIES LLC	RESIDENTIAL	$671,100	145 ft
5015 WASHBURN AVE S MINNEAPOLIS MN 55410	M D MCGARRY & N B MCGARRY	RESIDENTIAL	$581,800	146 ft
5000 VINCENT AVE S MINNEAPOLIS MN 55410	5000 VENCENT #2 LLC	RESIDENTIAL-TWO UNIT	$546,200	160 ft

Property History

Most Recent Sale

Date202410

Price$385,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,456