5019 39TH AVE S MINNEAPOLIS MN 55417

PID: 1802823420043

Property Overview

Parcel ID1802823420043

Lot Size7,710 sq ft (0.177 ac)

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

Year Built1921

Property ClassRESIDENTIAL

OwnerANNA MARIE CARLSON

Assessed Value$357,400

Land Value$162,000

Building Value$195,400

Annual Tax$4,886

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

4 permits on record since 2017 · $500 total declared value · Most recent: Jun 2025 (res)

ResJun 2025Closed

CenterPoint Energy Resource Corp

ExistresMay 2025Closed

Admiral Radon & Mechanical Services LLC

ResFeb 2025Closed

Voson Plumbing Inc

NewApr 2017Closed

$500

REBUILDING TOGETHER TWIN CITIES

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

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~4,423 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 4,423 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5015 39TH AVE S MINNEAPOLIS MN 55417	NANCY J PETERSON	RESIDENTIAL	$319,000	60 ft
5027 39TH AVE S MINNEAPOLIS MN 55417	S P LARMON & E B LARMON	RESIDENTIAL	$520,200	60 ft
5031 39TH AVE S MINNEAPOLIS MN 55417	R S VOEKS & S G SUNDLY	RESIDENTIAL	$492,500	120 ft
5020 40TH AVE S MINNEAPOLIS MN 55417	PHILIP M DUDAS	RESIDENTIAL	$456,600	142 ft
5026 40TH AVE S MINNEAPOLIS MN 55417	CHRISTOPHER MAURICE LEPOUDRE	RESIDENTIAL	$352,100	154 ft
5012 40TH AVE S MINNEAPOLIS MN 55417	B D VINGE & A E VINGE	RESIDENTIAL	$284,600	155 ft
3901 50TH ST E MINNEAPOLIS MN 55417	T AND E WOZNIAK REV LIV TR	RESIDENTIAL	$569,600	180 ft
5037 39TH AVE S MINNEAPOLIS MN 55417	BARBARA LOUIS LESLIE	RESIDENTIAL	$264,300	180 ft
5030 40TH AVE S MINNEAPOLIS MN 55417	ARUN V HEJMADI TRUST	RESIDENTIAL	$397,600	185 ft
5020 39TH AVE S MINNEAPOLIS MN 55417	BRYAN R ALBERTSON	RESIDENTIAL	$377,100	188 ft

Property History

Most Recent Sale

Date199005

Price$75,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,886