5253 40TH AVE S MINNEAPOLIS MN 55417

PID: 1802823430030

Property Overview

Parcel ID1802823430030

Lot Size5,123 sq ft (0.118 ac)

Lot Dimensions (est.)128 ft wide × 40 ft deep

Year Built1925

Property ClassRESIDENTIAL

OwnerPATRICIA L FAUTCH

Assessed Value$317,000

Land Value$131,000

Building Value$186,000

Annual Tax$5,143

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

1 permit on record since 2023 · Most recent: Jan 2023 (res)

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 depth0 ft

Area~2,378 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 2,378 sqft buildable area.

Est. units

Yield on cost

1.5%

Spread

-4.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5249 40TH AVE S MINNEAPOLIS MN 55417	JANIS R HULBURT	RESIDENTIAL	$294,300	40 ft
5245 40TH AVE S MINNEAPOLIS MN 55417	J J HOF & C K HOF	RESIDENTIAL	$309,900	80 ft
5301 40TH AVE S MINNEAPOLIS MN 55417	ERIC M BYRNE	RESIDENTIAL	$353,600	110 ft
5239 40TH AVE S MINNEAPOLIS MN 55417	ANNE DAHLQUIST & SHANE HEITZ	RESIDENTIAL	$393,000	130 ft
5252 41ST AVE S MINNEAPOLIS MN 55417	WENDY L & DERMOTH A BROWN	RESIDENTIAL	$556,900	142 ft
5244 41ST AVE S MINNEAPOLIS MN 55417	P TWISS & E EL-FAKAHANY	RESIDENTIAL	$737,000	159 ft
5309 40TH AVE S MINNEAPOLIS MN 55417	SARAH A LARSON	RESIDENTIAL	$255,300	170 ft
5300 41ST AVE S MINNEAPOLIS MN 55417	RANDY C & JANICE L HINES	RESIDENTIAL	$238,000	179 ft
5254 40TH AVE S MINNEAPOLIS MN 55417	MICHAEL GROVES/NGAN HOANG	RESIDENTIAL	$264,000	188 ft
5240 41ST AVE S MINNEAPOLIS MN 55417	RALPH E FERNANDEZ ET AL	RESIDENTIAL	$313,000	193 ft

Property History

Most Recent Sale

Date199103

Price$82,100

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$5,143