5116 35TH AVE S MINNEAPOLIS MN 55417

PID: 1802823310144

Property Overview

Parcel ID1802823310144

Lot Size5,576 sq ft (0.128 ac)

Lot Dimensions (est.)127 ft wide × 44 ft deep

Year Built1933

Property ClassRESIDENTIAL

OwnerSTEPHANIE TRACY

Assessed Value$428,300

Land Value$139,000

Building Value$289,300

Annual Tax$6,493

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2023 · $47K total declared value · Most recent: May 2025 (res)

ResMay 2025Closed

CenterPoint Energy Resource Corp

ExistresAug 2023Closed

TOTAL COMFORT

MiscJun 2023Closed

$7K

RITE-WAY WATERPROOFING

RemodelMay 2023Cancelled

$40K

LUNDQUIST RENOVATIONS INC

ExistresApr 2023Closed

Ray N Welter Heating Co

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 width34 ft

Buildable depth87 ft

Area~2,948 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 2,948 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5112 35TH AVE S MINNEAPOLIS MN 55417	P B CRABTREE & S M KING	RESIDENTIAL	$452,000	44 ft
5120 35TH AVE S MINNEAPOLIS MN 55417	TASHA M NIENOW	RESIDENTIAL	$455,000	44 ft
5108 35TH AVE S MINNEAPOLIS MN 55417	EDUARDO R SOTOMAYOR JR ET AL	RESIDENTIAL	$370,500	85 ft
5124 35TH AVE S MINNEAPOLIS MN 55417	J A BODE M L PULSCHER	RESIDENTIAL	$364,400	88 ft
5104 35TH AVE S MINNEAPOLIS MN 55417	BENJAMIN J PARRANTO	RESIDENTIAL	$364,700	124 ft
5128 35TH AVE S MINNEAPOLIS MN 55417	A KNOBLOCK & A M DE FARIA	RESIDENTIAL	$412,900	132 ft
5115 34TH AVE S MINNEAPOLIS MN 55417	B J MARCOU & K MARCOU	RESIDENTIAL	$336,400	141 ft
5111 34TH AVE S MINNEAPOLIS MN 55417	REALTY INCOME PROPS 3 LLC	LAND-COMMERCIAL	$86,700	147 ft
5119 34TH AVE S MINNEAPOLIS MN 55417	ALEXANDRA C BADACZEWSKI ETAL	RESIDENTIAL	$382,300	148 ft
5100 35TH AVE S MINNEAPOLIS MN 55417	JEFFREY J MOORE	RESIDENTIAL	$345,800	162 ft

Property History

Most Recent Sale

Date202303

Price$416,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,493