5345 42ND AVE S MINNEAPOLIS MN 55417

PID: 1802823440084

Property Overview

Parcel ID1802823440084

Lot Size5,127 sq ft (0.118 ac)

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

Year Built1924

Property ClassRESIDENTIAL

OwnerMARY K SWEENEY

Assessed Value$307,000

Land Value$124,000

Building Value$183,000

Annual Tax$4,470

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2017 · $26K total declared value · Most recent: Dec 2024 (existres)

ExistresDec 2024Closed

Ray N Welter Heating Co

ResSep 2024Closed

MN Plumbing & Home Services INC

MiscJun 2021Closed

$7K

Universal Windows Direct Twin Cities

RemodelJun 2021Closed

$3K

ALL ENERGY SOLAR INC

AccessoryJul 2020Closed

$16K

WESTERN CONSTRUCTION INC

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 width30 ft

Buildable depth88 ft

Area~2,644 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 2,644 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5349 42ND AVE S MINNEAPOLIS MN 55417	CAMERON R TIPPING	RESIDENTIAL	$283,000	40 ft
5341 42ND AVE S MINNEAPOLIS MN 55417	K R LAQUA & K M SIETSEMA	RESIDENTIAL	$264,700	40 ft
5337 42ND AVE S MINNEAPOLIS MN 55417	M & P KRUEGER	RESIDENTIAL	$201,000	80 ft
5357 42ND AVE S MINNEAPOLIS MN 55417	SIDE QUEST INVESTMENTS LLC	COMMERCIAL-PREFERRED	$425,000	99 ft
5333 42ND AVE S MINNEAPOLIS MN 55417	LYNN E REGNIER	RESIDENTIAL	$300,900	120 ft
5344 43RD AVE S MINNEAPOLIS MN 55417	RENEE BEYMER TRUSTEE	RESIDENTIAL	$369,700	142 ft
5348 43RD AVE S MINNEAPOLIS MN 55417	F S STANG & R M STANG TRUSTE	RESIDENTIAL	$390,600	147 ft
5340 43RD AVE S MINNEAPOLIS MN 55417	DEAN A WALKER	RESIDENTIAL	$252,800	148 ft
5329 42ND AVE S MINNEAPOLIS MN 55417	STEVEN R DOLNY	RESIDENTIAL	$336,200	160 ft
5352 43RD AVE S MINNEAPOLIS MN 55417	V LONG & N FRIESEN	RESIDENTIAL	$315,000	162 ft

Property History

Most Recent Sale

Date201210

Price$134,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,470