5116 43RD AVE S MINNEAPOLIS MN 55417

PID: 1802823410053

Property Overview

Parcel ID1802823410053

Lot Size6,456 sq ft (0.148 ac)

Lot Dimensions (est.)129 ft wide × 50 ft deep

Year Built1925

Property ClassRESIDENTIAL

OwnerULLERY LIVING TRUST

Assessed Value$343,900

Land Value$145,000

Building Value$198,900

Annual Tax$5,085

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

2 permits on record since 2023 · Most recent: Feb 2026 (res)

ResFeb 2026Closed

Paul Bunyan Plumbing, LLC

ResJan 2023Closed

CenterPoint Energy Resource Corp

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width40 ft

Buildable depth89 ft

Area~3,563 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 3,563 sqft buildable area.

Est. units

Yield on cost

2.0%

Spread

-3.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5112 43RD AVE S MINNEAPOLIS MN 55417	T SIVONGSAY & C FLEMING	RESIDENTIAL	$351,100	50 ft
5120 43RD AVE S MINNEAPOLIS MN 55417	CALEB T RICK & LAURA RICK	RESIDENTIAL	$413,000	50 ft
5108 43RD AVE S MINNEAPOLIS MN 55417	KERRY S DEVOY	RESIDENTIAL	$336,900	100 ft
5124 43RD AVE S MINNEAPOLIS MN 55417	LUANN MCCANNEL	RESIDENTIAL	$338,900	100 ft
5117 42ND AVE S MINNEAPOLIS MN 55417	BRANDON MCCANNEL	RESIDENTIAL	$268,000	141 ft
5115 42ND AVE S MINNEAPOLIS MN 55417	DANIEL RANZINGER	RESIDENTIAL	$272,000	149 ft
5104 43RD AVE S MINNEAPOLIS MN 55417	TALIA VITAL/DEMETRIOS VITAL	RESIDENTIAL	$386,000	150 ft
5128 43RD AVE S MINNEAPOLIS MN 55417	ZACHARY WEAVER & LAUREN UHL	RESIDENTIAL	$240,700	150 ft
5123 42ND AVE S MINNEAPOLIS MN 55417	JODY A FRIES	RESIDENTIAL	$288,000	150 ft
5109 42ND AVE S MINNEAPOLIS MN 55417	TIMOTHY M ZELLMER	RESIDENTIAL	$268,200	172 ft

Property History

Most Recent Sale

Date201805

Price$245,000

TypePROBATE DEED

Current Tax Year

Year2026

Tax Due$5,085