2420 54TH ST W MINNEAPOLIS MN 55410

PID: 1702824440063

Property Overview

Parcel ID1702824440063

Lot Size8,009 sq ft (0.184 ac)

Lot Dimensions (est.)70 ft wide × 114 ft deep

Year Built1941

Property ClassRESIDENTIAL

OwnerM GUROVITSCH & M RETELNY

Assessed Value$755,900

Land Value$270,000

Building Value$485,900

Annual Tax$12,552

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2018 · $8K total declared value · Most recent: May 2026 (res)

ResMay 2026Inspection

Warners Stellian Co Inc

ResSep 2023Expired

FFM LLC

ExistresOct 2022Closed

Standard Heating and Air Conditioning Inc

ExistresApr 2021Closed

NORTHERNS ONE HOUR HEATING AND AIR CONDITIONING

MiscMar 2021Closed

$6K

SMART BUILDERS 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

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling 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 width57 ft

Buildable depth74 ft

Area~4,186 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 4,186 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
2414 54TH ST W MINNEAPOLIS MN 55410	CHRISTOPHER ROBERT MILDER	RESIDENTIAL	$531,100	69 ft
2423 CROMWELL DR MINNEAPOLIS MN 55410	JON E HUBER	RESIDENTIAL	$497,000	119 ft
2419 CROMWELL DR MINNEAPOLIS MN 55410	L F WEST & S N WEST TRUSTS	RESIDENTIAL	$506,900	126 ft
2410 54TH ST W MINNEAPOLIS MN 55410	ERIC BARRETTE/LESLIE ASHTON	RESIDENTIAL	$644,700	129 ft
2415 CROMWELL DR MINNEAPOLIS MN 55410	W B LILLY-TAYLOR/J N TAYLOR	RESIDENTIAL	$504,500	145 ft
5348 RUSSELL AVE S MINNEAPOLIS MN 55410	L INVEISS & K LUNDQUIST	RESIDENTIAL	$508,200	149 ft
5401 CUMBERLAND RD MINNEAPOLIS MN 55410	A D RENNEKE & B RENNEKE	RESIDENTIAL	$492,000	151 ft
2500 54TH ST W MINNEAPOLIS MN 55410	DANA R BARR	RESIDENTIAL	$669,000	152 ft
5344 RUSSELL AVE S MINNEAPOLIS MN 55410	A E GREENWOOD & M L HOLMER	RESIDENTIAL	$578,100	158 ft
2411 CROMWELL DR MINNEAPOLIS MN 55410	D J TILLMAN & N G LEVEN	RESIDENTIAL	$588,700	177 ft

Property History

Most Recent Sale

Date202109

Price$751,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$12,552