5025 41ST AVE S MINNEAPOLIS MN 55417

PID: 1802823420008

Property Overview

Parcel ID1802823420008

Lot Size7,712 sq ft (0.177 ac)

Lot Dimensions (est.)128 ft wide × 60 ft deep

Year Built1917

Property ClassRESIDENTIAL

OwnerKARLA AMY WATSON

Assessed Value$275,300

Land Value$156,000

Building Value$119,300

Annual Tax$4,339

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

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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width50 ft

Buildable depth89 ft

Area~4,424 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 small multifamily (2–4 units, wood frame) benchmarks for 4,424 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5021 41ST AVE S MINNEAPOLIS MN 55417	R A CESAFSKY & M M KRUEGER	RESIDENTIAL	$358,800	60 ft
5031 41ST AVE S MINNEAPOLIS MN 55417	J P TJEPKEMA & K A TJEPKEMA	RESIDENTIAL	$392,000	60 ft
5015 41ST AVE S MINNEAPOLIS MN 55417	ALEX AND ANDREA BROGLE	RESIDENTIAL-TWO UNIT	$547,800	120 ft
5037 41ST AVE S MINNEAPOLIS MN 55417	D A GYNILD & M M GYNILD	RESIDENTIAL	$332,900	120 ft
5024 42ND AVE S MINNEAPOLIS MN 55417	DEBORAH W BEIERSDORF	RESIDENTIAL	$419,100	142 ft
5032 42ND AVE S MINNEAPOLIS MN 55417	AUDREY V BARSTAD	RESIDENTIAL	$378,100	154 ft
5020 42ND AVE S MINNEAPOLIS MN 55417	MICHAEL G BOOSALIS	RESIDENTIAL	$319,000	155 ft
5043 41ST AVE S MINNEAPOLIS MN 55417	RICHARD J CRAMOND & WIFE	RESIDENTIAL	$338,400	180 ft
5012 42ND AVE S MINNEAPOLIS MN 55417	ROBERT L WOLD ETAL	RESIDENTIAL	$408,000	187 ft
5026 41ST AVE S MINNEAPOLIS MN 55417	CAROLYN JENKINS	RESIDENTIAL	$355,800	188 ft

Property History

Most Recent Sale

Date198612

Price$35,012

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,339