5047 38TH AVE S MINNEAPOLIS MN 55417

PID: 1802823420067

Property Overview

Parcel ID1802823420067

Lot Size7,705 sq ft (0.177 ac)

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

Year Built1938

Property ClassRESIDENTIAL

OwnerANGELA M TRUTNAU

Assessed Value$387,800

Land Value$162,000

Building Value$225,800

Annual Tax$5,818

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2017 · $21K total declared value · Most recent: Dec 2025 (res)

ResDec 2025Inspection

CenterPoint Energy Resource Corp

AdditionMay 2022Closed

$2K

Hage Construction Co

MiscDec 2018Closed

$10K

SMITH COLE STUCCO AND STONE

MiscSep 2018Closed

$9K

NOKOMIS ROOFING CO

ResDec 2017Closed

Hearth and Home Technologies LLC

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

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

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Front Street

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

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width115 ft

Buildable depth20 ft

Area~4,154 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 4,154 sqft buildable area.

Est. units

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5043 38TH AVE S MINNEAPOLIS MN 55417	KARINE L KORMAN	RESIDENTIAL	$390,400	60 ft
5037 38TH AVE S MINNEAPOLIS MN 55417	VALDIMAR H BJORNSON ET AL	RESIDENTIAL	$375,700	120 ft
5101 38TH AVE S MINNEAPOLIS MN 55417	ROXANNE A HENDERSON ET AL	RESIDENTIAL	$417,100	120 ft
5050 39TH AVE S MINNEAPOLIS MN 55417	W A & K D MAYER	RESIDENTIAL	$413,500	142 ft
5042 39TH AVE S MINNEAPOLIS MN 55417	IRENE TROFIMOVA-PETERSON	RESIDENTIAL	$359,800	155 ft
5105 38TH AVE S MINNEAPOLIS MN 55417	JOSEY PEREZ	RESIDENTIAL	$383,000	173 ft
5031 38TH AVE S MINNEAPOLIS MN 55417	KELLI L TOURAND	RESIDENTIAL	$366,400	180 ft
5100 39TH AVE S MINNEAPOLIS MN 55417	T ANDERSON & L HAISLEY	RESIDENTIAL	$442,100	185 ft
5050 38TH AVE S MINNEAPOLIS MN 55417	JOHN R REDMANN & AMY L GMUR	RESIDENTIAL	$349,700	187 ft
5036 39TH AVE S MINNEAPOLIS MN 55417	JOHANNA VER & RYKO CENIN	RESIDENTIAL	$495,300	187 ft

Property History

Most Recent Sale

Date201601

Price$225,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,818