5020 39TH AVE S MINNEAPOLIS MN 55417

PID: 1802823420073

Property Overview

Parcel ID1802823420073

Lot Size7,710 sq ft (0.177 ac)

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

Year Built1917

Property ClassRESIDENTIAL

OwnerBRYAN R ALBERTSON

Assessed Value$377,100

Land Value$162,000

Building Value$215,100

Annual Tax$5,639

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2016 · $23K total declared value · Most recent: Mar 2026 (misc)

MiscMar 2026Closed

$20K

KAUFMAN SHEET METAL ROOFING INC

ResNov 2025Inspection

Plumbing Restoration & Services LLC

ResJun 2025Closed

CenterPoint Energy Resource Corp

ExistresJul 2017Closed

HEALTHY HOMES LLC

RemodelDec 2016Closed

$2K

EGRESS WINDOW SYSTEMS

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 depth88 ft

Area~4,422 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 4,422 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
5026 39TH AVE S MINNEAPOLIS MN 55417	LAUREN E OSTREM	RESIDENTIAL	$324,600	60 ft
5014 39TH AVE S MINNEAPOLIS MN 55417	FRANCIS A POITRA	RESIDENTIAL	$239,000	60 ft
5030 39TH AVE S MINNEAPOLIS MN 55417	K A MICKELSON & T NIEMEYER	RESIDENTIAL	$408,500	120 ft
5019 38TH AVE S MINNEAPOLIS MN 55417	B W HOUGHTON & C L MYMAN	RESIDENTIAL	$474,100	142 ft
5025 38TH AVE S MINNEAPOLIS MN 55417	L C STANARD & G L DANIELL	RESIDENTIAL	$395,000	155 ft
5015 38TH AVE S MINNEAPOLIS MN 55417	KATHRYN L TWITE	RESIDENTIAL	$373,300	156 ft
5036 39TH AVE S MINNEAPOLIS MN 55417	JOHANNA VER & RYKO CENIN	RESIDENTIAL	$495,300	180 ft
3817 50TH ST E MINNEAPOLIS MN 55417	LEE T SWANSON	RESIDENTIAL	$310,000	181 ft
5010 39TH AVE S MINNEAPOLIS MN 55417	DEBRA LEE PRITCHARD	RESIDENTIAL	$366,000	184 ft
5031 38TH AVE S MINNEAPOLIS MN 55417	KELLI L TOURAND	RESIDENTIAL	$366,400	187 ft

Property History

Most Recent Sale

Date200306

Price$154,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,639