5025 37TH AVE S MINNEAPOLIS MN 55417

PID: 1802823310134

Property Overview

Parcel ID1802823310134

Lot Size5,732 sq ft (0.132 ac)

Lot Dimensions (est.)128 ft wide × 45 ft deep

Year Built1923

Property ClassRESIDENTIAL

OwnerTHOMAS E ERICKSON

Assessed Value$297,800

Land Value$143,000

Building Value$154,800

Annual Tax$4,317

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2020 · $4K total declared value · Most recent: May 2025 (res)

ResMay 2025Closed

CenterPoint Energy Resource Corp

ExistresMay 2025Closed

SEDGWICK HEATING & AIR CONDITIONING

MiscApr 2023Closed

$4K

GREEN HOUSE CONSTRUCTION

ResOct 2022Expired

Appliance Connections INC

ExistresSep 2020Closed

Blue Ox Heating and Air LLC

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

Neighborhood Profile

Minnehaha · Minneapolis

Median reported rent1,555/mo

Renter-occupied20.2%

Median home value$286K

Vacancy rate11.3%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 119.98

Market Snapshot

Zip code 55417

Median sale price$371K-4.4% YoY

Median price / sqft$244/sqft

Median days to close34 days

Active listings28

Source: Redfin Data Center (Invalid Date) · Zip 55417

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 width35 ft

Buildable depth87 ft

Area~3,061 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 3,061 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5021 37TH AVE S MINNEAPOLIS MN 55417	MINNEHAHA UNITD METHODIST CH	VACANT LAND-RESIDENTIAL	$0	43 ft
5029 37TH AVE S MINNEAPOLIS MN 55417	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	45 ft
5033 37TH AVE S MINNEAPOLIS MN 55417	T & L LOUGHRAN	RESIDENTIAL	$332,200	87 ft
5037 37TH AVE S MINNEAPOLIS MN 55417	VICTORIA J FURST	RESIDENTIAL	$268,900	127 ft
5024 38TH AVE S MINNEAPOLIS MN 55417	E O'CONNELL & A WEHRLI	RESIDENTIAL	$316,000	142 ft
5028 38TH AVE S MINNEAPOLIS MN 55417	JEFFREY R SCOVILL	RESIDENTIAL	$490,200	147 ft
5020 38TH AVE S MINNEAPOLIS MN 55417	KATHLEEN GERRISH	RESIDENTIAL	$304,400	148 ft
3701 50TH ST E MINNEAPOLIS MN 55417	MINNEHAHA METHODIST CHURCH	COMMERCIAL-PREFERRED	$0	163 ft
5016 38TH AVE S MINNEAPOLIS MN 55417	BRITTANY MARTINEZ	RESIDENTIAL	$369,000	164 ft
5041 37TH AVE S MINNEAPOLIS MN 55417	WANDA K DRIVER	RESIDENTIAL	$352,300	167 ft

Property History

Most Recent Sale

Date198904

Price$62,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,317