5203 41ST AVE S MINNEAPOLIS MN 55417

PID: 1802823430023

Property Overview

Parcel ID1802823430023

Lot Size7,726 sq ft (0.177 ac)

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

Year Built1927

Property ClassRESIDENTIAL

OwnerMEADOWOOD PROPERTIES LLC

Assessed Value$383,200

Land Value$156,000

Building Value$227,200

Annual Tax$6,350

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2023 · $13K total declared value · Most recent: Oct 2024 (remodel)

RemodelOct 2024Closed

$5K

Elevation Exteriors LLC

MiscMar 2024Closed

$8K

Royal Construction and Remodeling LLC

ResJan 2023Closed

CenterPoint Energy Resource Corp

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

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~4,167 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 4,167 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
5207 41ST AVE S MINNEAPOLIS MN 55417	S E TERRY & B GACEK	RESIDENTIAL	$390,300	60 ft
5155 41ST AVE S MINNEAPOLIS MN 55417	KATHLEEN A WEST	RESIDENTIAL	$390,700	120 ft
5215 41ST AVE S MINNEAPOLIS MN 55417	ILDEFONSO SANCHEZ	RESIDENTIAL	$289,400	120 ft
5202 42ND AVE S MINNEAPOLIS MN 55417	HARRY W JACKSON	RESIDENTIAL	$217,000	142 ft
5206 42ND AVE S MINNEAPOLIS MN 55417	C T THOMSEN & H L JORGENSEN	RESIDENTIAL	$343,000	153 ft
5145 41ST AVE S MINNEAPOLIS MN 55417	L C BARTEL/D P COMERFORD	RESIDENTIAL	$328,900	180 ft
5217 41ST AVE S MINNEAPOLIS MN 55417	DONALD L KORN REV LIV TRUST	RESIDENTIAL	$280,100	180 ft
5154 42ND AVE S MINNEAPOLIS MN 55417	MICHAEL SCHROEDER	RESIDENTIAL	$253,100	183 ft
5212 42ND AVE S MINNEAPOLIS MN 55417	JAMES E HOVEY	RESIDENTIAL	$209,200	185 ft
5148 42ND AVE S MINNEAPOLIS MN 55417	SADIE B SEABORN	RESIDENTIAL	$331,100	219 ft

Property History

Most Recent Sale

Date202604

Price$360,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,350