5229 45TH AVE S MINNEAPOLIS MN 55417

PID: 1802823440113

Property Overview

Parcel ID1802823440113

Lot Size5,128 sq ft (0.118 ac)

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

Year Built1957

Property ClassRESIDENTIAL

OwnerK S TALBERG & L TAZEL III

Assessed Value$329,400

Land Value$131,000

Building Value$198,400

Annual Tax$5,109

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth88 ft

Area~2,645 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 2,645 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5233 45TH AVE S MINNEAPOLIS MN 55417	D R JONES & S E JONES	RESIDENTIAL	$307,100	40 ft
5225 45TH AVE S MINNEAPOLIS MN 55417	TARA M FRANEY	RESIDENTIAL	$305,900	40 ft
5237 45TH AVE S MINNEAPOLIS MN 55417	K L STORLIEN & C J MCGEE	RESIDENTIAL	$342,600	80 ft
5221 45TH AVE S MINNEAPOLIS MN 55417	C A & P J KERSTEN	RESIDENTIAL	$275,000	80 ft
5241 45TH AVE S MINNEAPOLIS MN 55417	ANNE-MARIE L WHITE	RESIDENTIAL	$309,000	120 ft
5217 45TH AVE S MINNEAPOLIS MN 55417	ROBERT DUPREE DANIELS REV TR	RESIDENTIAL	$360,000	120 ft
5228 46TH AVE S MINNEAPOLIS MN 55417	ADAM D SHIMP	RESIDENTIAL	$260,000	142 ft
5232 46TH AVE S MINNEAPOLIS MN 55417	TIMOTHY E ZIELSKE	RESIDENTIAL	$266,600	147 ft
5224 46TH AVE S MINNEAPOLIS MN 55417	DANIEL J HAYES	RESIDENTIAL	$209,400	148 ft
5245 45TH AVE S MINNEAPOLIS MN 55417	SISTERS ST JOSEPH CARONDELET	RESIDENTIAL	$0	160 ft

Property History

Most Recent Sale

Date199205

Price$77,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$5,109