5050 HIAWATHA AVE MINNEAPOLIS MN 55417

PID: 1802823410145

Property Overview

Parcel ID1802823410145

Lot Size10,796 sq ft (0.248 ac)

Lot Dimensions (est.)154 ft wide × 70 ft deep

Year Built1915

Property ClassRESIDENTIAL-TWO UNIT

OwnerKW LLC

Assessed Value$404,500

Land Value$141,000

Building Value$263,500

Annual Tax$7,949

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2021 · Most recent: Feb 2026 (existres)

ExistresFeb 2026Inspection

BONFES PLUMBING HEATING AND AIR SERVICE INC

ResMay 2021Closed

Warners Stellian Co 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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Estimated · verify frontage

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)10 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width139 ft

Buildable depth30 ft

Area~5,248 sqft

Corner-lot envelopes may require contextual setback review and should be treated as planning estimates.

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 3-story wood frame (5–12 units) benchmarks for 5,248 sqft buildable area.

Est. units

Yield on cost

4.2%

Spread

-1.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5046 HIAWATHA AVE MINNEAPOLIS MN 55417	CHARLES HEIN & ALYSSA HEIN	RESIDENTIAL-TWO UNIT	$422,700	73 ft
5100 45TH AVE S MINNEAPOLIS MN 55417	B HOLSON & K K HOLSON	RESIDENTIAL	$291,600	128 ft
5047 44TH AVE S MINNEAPOLIS MN 55417	ANDREW BERNARD CLARK	RESIDENTIAL-TWO UNIT	$367,500	129 ft
5043 44TH AVE S MINNEAPOLIS MN 55417	D D & H EISENMENGER	RESIDENTIAL	$297,000	148 ft
5040 HIAWATHA AVE MINNEAPOLIS MN 55417	DARREN SMITH	RESIDENTIAL	$286,000	155 ft
5104 45TH AVE S MINNEAPOLIS MN 55417	JOHN R & SUZANNE J THOMAS	RESIDENTIAL	$299,900	178 ft
5101 44TH AVE S MINNEAPOLIS MN 55417	A DIXON & E DIXON	RESIDENTIAL	$513,000	186 ft
5107 44TH AVE S MINNEAPOLIS MN 55417	JOHN SANDALA/MEGAN SCHULLER	RESIDENTIAL	$327,200	225 ft
5108 45TH AVE S MINNEAPOLIS MN 55417	M DYNNESON JR & J DYNNESON	RESIDENTIAL	$368,600	228 ft
5028 HIAWATHA AVE MINNEAPOLIS MN 55417	S ANDERSON & B ANDERSON	RESIDENTIAL	$529,900	257 ft

Property History

Most Recent Sale

Date202110

Price$380,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,949