5140 THOMAS AVE S MINNEAPOLIS MN 55410

PID: 1702824420211

Property Overview

Parcel ID1702824420211

Lot Size5,134 sq ft (0.118 ac)

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

Year Built1922

Property ClassRESIDENTIAL

OwnerR SALAZAR & E BUGLER

Assessed Value$532,100

Land Value$298,000

Building Value$234,100

Annual Tax$8,318

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2025 · $35K total declared value · Most recent: Sep 2025 (remodel)

RemodelSep 2025Closed

$35K

BROLSMA DESIGN BUILD INC

ResSep 2025Closed

Southtown Plumbing Inc

ResJun 2025Closed

Southtown Plumbing Inc

ResApr 2025Closed

BONFES PLUMBING HEATING AND AIR SERVICE INC

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

Neighborhood Profile

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

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling 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 sfr / adu benchmarks for 2,649 sqft buildable area.

Est. units

Yield on cost

2.2%

Spread

-3.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5136 THOMAS AVE S MINNEAPOLIS MN 55410	JENNIFER BRACKETT	RESIDENTIAL	$457,000	40 ft
5144 THOMAS AVE S MINNEAPOLIS MN 55410	C A FOLEY & A M PENSINGER	RESIDENTIAL	$760,500	40 ft
5132 THOMAS AVE S MINNEAPOLIS MN 55410	ANTON N PETSAN ET AL	RESIDENTIAL	$493,100	80 ft
5148 THOMAS AVE S MINNEAPOLIS MN 55410	SHIN KWON/CHRISTIAN LINTNER	RESIDENTIAL	$764,800	80 ft
5128 THOMAS AVE S MINNEAPOLIS MN 55410	R RODRIGUEZ & C A RODRIGUEZ	RESIDENTIAL	$791,900	120 ft
5152 THOMAS AVE S MINNEAPOLIS MN 55410	ANDREW MARTIN & ERIN DUNN	RESIDENTIAL	$669,100	120 ft
5141 UPTON AVE S MINNEAPOLIS MN 55410	ADAM MCHENRY/ARIELLE EDELMAN	RESIDENTIAL	$652,900	140 ft
5145 UPTON AVE S MINNEAPOLIS MN 55410	MARIELLEN J JACOBSON	RESIDENTIAL	$484,500	145 ft
5137 UPTON AVE S MINNEAPOLIS MN 55410	BARBARA RUDNICK TRUSTEE	RESIDENTIAL	$539,400	147 ft
5124 THOMAS AVE S MINNEAPOLIS MN 55410	JAMES & KAREN RUSSELL REV TR	RESIDENTIAL	$484,700	160 ft

Property History

Most Recent Sale

Date199305

Price$121,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$8,318