5114 44TH AVE S MINNEAPOLIS MN 55417

PID: 1802823410077

Property Overview

Parcel ID1802823410077

Lot Size6,405 sq ft (0.147 ac)

Lot Dimensions (est.)128 ft wide × 50 ft deep

Year Built1908

Property ClassRESIDENTIAL

OwnerB WALKER & C OLMSTEAD

Assessed Value$272,000

Land Value$144,000

Building Value$128,000

Annual Tax$4,217

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 2020 · $8K total declared value · Most recent: Jan 2023 (res)

ResJan 2023Closed

CenterPoint Energy Resource Corp

MiscApr 2020Closed

$8K

David Olmstead

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 depth88 ft

Area~3,522 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 3,522 sqft buildable area.

Est. units

Yield on cost

2.1%

Spread

-3.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5110 44TH AVE S MINNEAPOLIS MN 55417	G E ENGSTROM & J B BOLAND	RESIDENTIAL	$280,600	50 ft
5116 44TH AVE S MINNEAPOLIS MN 55417	CRAIG J SIEVWRIGHT ET AL	RESIDENTIAL	$258,000	50 ft
5104 44TH AVE S MINNEAPOLIS MN 55417	ALISON BISHOP KACHINGWE ETAL	RESIDENTIAL	$303,700	100 ft
5120 44TH AVE S MINNEAPOLIS MN 55417	J PAYSEUR & A L PAYSEUR	RESIDENTIAL	$609,000	100 ft
5113 43RD AVE S MINNEAPOLIS MN 55417	JUNJAK LIVING TRUST	RESIDENTIAL	$351,100	142 ft
5100 44TH AVE S MINNEAPOLIS MN 55417	EMILY LENARZ	RESIDENTIAL	$347,600	150 ft
5124 44TH AVE S MINNEAPOLIS MN 55417	O RAINWATER/J STRAHAN-OUREN	RESIDENTIAL	$272,500	150 ft
5109 43RD AVE S MINNEAPOLIS MN 55417	MICHAEL L BOWDEN	RESIDENTIAL	$414,700	150 ft
5117 43RD AVE S MINNEAPOLIS MN 55417	S MCNAMARA & E O'DAY	RESIDENTIAL	$299,600	151 ft
5105 43RD AVE S MINNEAPOLIS MN 55417	KARI KINGBIRD	RESIDENTIAL	$332,000	173 ft

Property History

Most Recent Sale

Date202009

Price$225,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,217