5041 43RD AVE S MINNEAPOLIS MN 55417

PID: 1802823410034

Property Overview

Parcel ID1802823410034

Lot Size5,399 sq ft (0.124 ac)

Lot Dimensions (est.)135 ft wide × 40 ft deep

Year Built1916

Property ClassRESIDENTIAL

OwnerALLISON JEAN DRIESSEN

Assessed Value$344,000

Land Value$135,000

Building Value$209,000

Annual Tax$5,367

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

8 permits on record since 2020 · $42K total declared value · Most recent: Apr 2025 (misc)

MiscApr 2025Closed

$8K

NORTHRUP REMODELING

ExistresMar 2025Closed

AQUARIUS HOME SERVICES

ResAug 2023Closed

Norblom Plumbing Co

ExistresAug 2023Closed

Standard Heating and Air Conditioning Inc

ResJul 2023Closed

Minnesota Rusco 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

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 width30 ft

Buildable depth95 ft

Area~2,848 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 2,848 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5047 43RD AVE S MINNEAPOLIS MN 55417	BECKY J HOLCOMB	RESIDENTIAL	$342,700	40 ft
5037 43RD AVE S MINNEAPOLIS MN 55417	ILLALY WALSH/LAUREEN T WALSH	RESIDENTIAL	$359,900	50 ft
5051 43RD AVE S MINNEAPOLIS MN 55417	P G LUND & D C V CARMONA	RESIDENTIAL	$838,000	80 ft
5033 43RD AVE S MINNEAPOLIS MN 55417	LAURA F BETHEA	RESIDENTIAL	$585,000	110 ft
5040 44TH AVE S MINNEAPOLIS MN 55417	MICHAEL M SELE/TERESA A SELE	RESIDENTIAL	$545,000	135 ft
5036 44TH AVE S MINNEAPOLIS MN 55417	HILLARY TAYLOR/REBECCA GALLT	RESIDENTIAL	$412,000	144 ft
5048 44TH AVE S MINNEAPOLIS MN 55417	C E WARN & D E WARN	RESIDENTIAL	$371,700	151 ft
5029 43RD AVE S MINNEAPOLIS MN 55417	PHILLIP STEPHEN WEVER	RESIDENTIAL	$461,200	170 ft
5032 44TH AVE S MINNEAPOLIS MN 55417	BONNIE JEAN ASHER	RESIDENTIAL	$309,000	175 ft
5101 43RD AVE S MINNEAPOLIS MN 55417	BRIGID ANN LANE	RESIDENTIAL	$339,300	185 ft

Property History

Most Recent Sale

Date202202

Price$258,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,367