5112 45TH AVE S MINNEAPOLIS MN 55417

PID: 1802823410102

Property Overview

Parcel ID1802823410102

Lot Size6,405 sq ft (0.147 ac)

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

Year Built1921

Property ClassRESIDENTIAL

OwnerL L LARSON & L K LARSON

Assessed Value$233,400

Land Value$144,000

Building Value$89,400

Annual Tax$3,574

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

3 permits on record since 2020 · $14K total declared value · Most recent: Sep 2023 (misc)

MiscSep 2023Closed

$10K

NOKOMIS ROOFING CO

ResFeb 2023Closed

CenterPoint Energy Resource Corp

MiscSep 2020Closed

$4K

THE HOME DEPOT

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
5108 45TH AVE S MINNEAPOLIS MN 55417	M DYNNESON JR & J DYNNESON	RESIDENTIAL	$368,600	50 ft
5116 45TH AVE S MINNEAPOLIS MN 55417	ZAYNAB MOHAMED	RESIDENTIAL	$291,700	50 ft
5104 45TH AVE S MINNEAPOLIS MN 55417	JOHN R & SUZANNE J THOMAS	RESIDENTIAL	$299,900	100 ft
5120 45TH AVE S MINNEAPOLIS MN 55417	HENRY WALSKI & TONI WALSKI	RESIDENTIAL	$297,400	100 ft
5115 44TH AVE S MINNEAPOLIS MN 55417	ANGIE HUGO & JAMES HUGO	RESIDENTIAL	$306,800	142 ft
5100 45TH AVE S MINNEAPOLIS MN 55417	B HOLSON & K K HOLSON	RESIDENTIAL	$291,600	150 ft
5124 45TH AVE S MINNEAPOLIS MN 55417	DANIEL A LUKAS	RESIDENTIAL	$329,000	150 ft
5111 44TH AVE S MINNEAPOLIS MN 55417	ANGELA M SMITH SUBJ/L E	RESIDENTIAL	$398,900	150 ft
5117 44TH AVE S MINNEAPOLIS MN 55417	C COLON & E COLON JR	RESIDENTIAL	$387,800	151 ft
5107 44TH AVE S MINNEAPOLIS MN 55417	JOHN SANDALA/MEGAN SCHULLER	RESIDENTIAL	$327,200	170 ft

Property History

Most Recent Sale

Date198610

Price$33,333

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$3,574