5240 VINCENT AVE S MINNEAPOLIS MN 55410

PID: 1702824430116

Property Overview

Parcel ID1702824430116

Lot Size5,102 sq ft (0.117 ac)

Lot Dimensions (est.)127 ft wide × 40 ft deep

Year Built1924

Property ClassRESIDENTIAL

OwnerLYNN M ABBOTT REV TRUST

Assessed Value$1,033,500

Land Value$236,000

Building Value$797,500

Annual Tax$17,803

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2004 · $427K total declared value · Most recent: Mar 2023 (existres)

ExistresMar 2023Expired

Standard Heating and Air Conditioning Inc

MiscOct 2020Closed

$27K

SELA ROOFING AND REMODELING INC

ResDec 2018Closed

CENTERPOINT ENERGY

ResJan 2018Closed

Pronto Heating & Air Conditioning Inc

Building Re-inspectionNov 2004

$400K

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

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~2,625 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 2,625 sqft buildable area.

Est. units

Yield on cost

2.4%

Spread

-3.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5236 VINCENT AVE S MINNEAPOLIS MN 55410	BENOZ HOMES INC	RESIDENTIAL	$339,000	40 ft
5246 VINCENT AVE S MINNEAPOLIS MN 55410	M A GULDEN & J L NELSON	RESIDENTIAL	$458,800	40 ft
5232 VINCENT AVE S MINNEAPOLIS MN 55410	P S ALMEN/D M CARROLL ALMEN	RESIDENTIAL	$767,600	80 ft
5248 VINCENT AVE S MINNEAPOLIS MN 55410	D A STEEN & J K BELGUM	RESIDENTIAL	$542,700	80 ft
5228 VINCENT AVE S MINNEAPOLIS MN 55410	PAULA M HORAN	VACANT LAND-RESIDENTIAL	$283,000	120 ft
5252 VINCENT AVE S MINNEAPOLIS MN 55410	W PARKER & M PARKER	RESIDENTIAL	$492,000	120 ft
5243 WASHBURN AVE S MINNEAPOLIS MN 55410	MCDOUGALL CONSULTING LLC	RESIDENTIAL	$457,100	142 ft
5247 WASHBURN AVE S MINNEAPOLIS MN 55410	SUTEPONE L LINDEMANN REV TR	RESIDENTIAL	$930,400	146 ft
5239 WASHBURN AVE S MINNEAPOLIS MN 55410	T G MCDOUGALL & N S KNAUER	RESIDENTIAL	$577,600	148 ft
5224 VINCENT AVE S MINNEAPOLIS MN 55410	K J CUTKOMP & D L CUTKOMP TR	RESIDENTIAL	$599,600	160 ft

Property History

Most Recent Sale

Date200603

Price$760,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$17,803