5125 43RD AVE S MINNEAPOLIS MN 55417

PID: 1802823410091

Property Overview

Parcel ID1802823410091

Lot Size6,408 sq ft (0.147 ac)

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

Year Built1913

Property ClassRESIDENTIAL

OwnerNICOLE PARR & MAX SEVERSON

Assessed Value$349,400

Land Value$144,000

Building Value$205,400

Annual Tax$5,509

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

No permits found in Minneapolis open data for this parcel.

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~3,525 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 3,525 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
5129 43RD AVE S MINNEAPOLIS MN 55417	AARON L WILSON	RESIDENTIAL	$301,200	50 ft
5121 43RD AVE S MINNEAPOLIS MN 55417	E W EMERY & G B SEBESTA	RESIDENTIAL	$275,600	50 ft
5133 43RD AVE S MINNEAPOLIS MN 55417	HEATHER A FRANK	RESIDENTIAL	$255,000	100 ft
5117 43RD AVE S MINNEAPOLIS MN 55417	S MCNAMARA & E O'DAY	RESIDENTIAL	$299,600	100 ft
5124 44TH AVE S MINNEAPOLIS MN 55417	O RAINWATER/J STRAHAN-OUREN	RESIDENTIAL	$272,500	142 ft
5128 44TH AVE S MINNEAPOLIS MN 55417	GARY DUKES	RESIDENTIAL	$350,400	150 ft
5137 43RD AVE S MINNEAPOLIS MN 55417	TARA J MCGUIGAN	RESIDENTIAL	$277,300	150 ft
5113 43RD AVE S MINNEAPOLIS MN 55417	JUNJAK LIVING TRUST	RESIDENTIAL	$351,100	150 ft
5120 44TH AVE S MINNEAPOLIS MN 55417	J PAYSEUR & A L PAYSEUR	RESIDENTIAL	$609,000	151 ft
5132 44TH AVE S MINNEAPOLIS MN 55417	S J GLOEGE-MILLS & D MILLS	RESIDENTIAL	$283,000	173 ft

Property History

Most Recent Sale

Date202108

Price$345,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,509