5201 37TH AVE S MINNEAPOLIS MN 55417

PID: 1802823340031

Property Overview

Parcel ID1802823340031

Lot Size5,178 sq ft (0.119 ac)

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

Year Built1933

Property ClassRESIDENTIAL

OwnerB FAUST & D PATTERSON

Assessed Value$320,800

Land Value$137,000

Building Value$183,800

Annual Tax$4,700

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2018 · Most recent: May 2025 (res)

ResMay 2025Closed

CenterPoint Energy Resource Corp

ExistresApr 2018Closed

GV Heating and Air Inc

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

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 width115 ft

Buildable depth0 ft

Area~2,415 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 2,415 sqft buildable area.

Est. units

Yield on cost

2.8%

Spread

-2.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5205 37TH AVE S MINNEAPOLIS MN 55417	A J LAMONT KREIENKAMP ET AL	RESIDENTIAL	$307,300	40 ft
5209 37TH AVE S MINNEAPOLIS MN 55417	BOBBI KITTELSEN	RESIDENTIAL	$304,300	80 ft
5147 37TH AVE S MINNEAPOLIS MN 55417	JOHN O REINFELD	RESIDENTIAL	$269,000	105 ft
5215 37TH AVE S MINNEAPOLIS MN 55417	B P CHRISTENSEN ET AL	RESIDENTIAL	$324,000	120 ft
5200 38TH AVE S MINNEAPOLIS MN 55417	ARVIN J PAFF ETAL	RESIDENTIAL	$316,500	142 ft
5204 38TH AVE S MINNEAPOLIS MN 55417	GERALD ALLAN O'KEEFE	RESIDENTIAL	$349,400	147 ft
5143 37TH AVE S MINNEAPOLIS MN 55417	JAMES A HOWARTH	RESIDENTIAL	$340,200	154 ft
5217 37TH AVE S MINNEAPOLIS MN 55417	J L PLUMMER & A R BAIZERMAN	RESIDENTIAL	$355,400	161 ft
5208 38TH AVE S MINNEAPOLIS MN 55417	DAVID M HESSE	RESIDENTIAL	$383,900	163 ft
5148 38TH AVE S MINNEAPOLIS MN 55417	KYLE E & LEAH MACKENZIE	RESIDENTIAL	$618,000	177 ft

Property History

Most Recent Sale

Date201508

Price$197,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,700