5220 43RD AVE S MINNEAPOLIS MN 55417

PID: 1802823440185

Property Overview

Parcel ID1802823440185

Lot Size5,128 sq ft (0.118 ac)

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

Year Built1912

Property ClassRESIDENTIAL

OwnerRUBEM S LIMA

Assessed Value$195,300

Land Value$131,000

Building Value$64,300

Annual Tax$2,872

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

1 permit on record since 2025 · Most recent: Dec 2025 (res)

ResDec 2025Closed

Hero Home Services LLC

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

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
5216 43RD AVE S MINNEAPOLIS MN 55417	JEFFREY ROBERT DRAKE	RESIDENTIAL	$412,300	40 ft
5224 43RD AVE S MINNEAPOLIS MN 55417	CHRISTINE ELIZABETH LAVIK	RESIDENTIAL	$298,000	40 ft
5212 43RD AVE S MINNEAPOLIS MN 55417	MARIE V WILLIAMS	RESIDENTIAL	$297,400	80 ft
5228 43RD AVE S MINNEAPOLIS MN 55417	ROBERT T CORBIT	RESIDENTIAL	$240,100	80 ft
5208 43RD AVE S MINNEAPOLIS MN 55417	JANALEE & MARK JOHNSON	RESIDENTIAL	$284,100	120 ft
5232 43RD AVE S MINNEAPOLIS MN 55417	E J CUDAK & C D CUDAK	RESIDENTIAL	$334,400	120 ft
5221 42ND AVE S MINNEAPOLIS MN 55417	SHREEDHAR PANDEY ET AL	RESIDENTIAL	$329,700	142 ft
5217 42ND AVE S MINNEAPOLIS MN 55417	ZORIAN SASYK/ALICIA FREEMAN	RESIDENTIAL	$314,700	147 ft
5225 42ND AVE S MINNEAPOLIS MN 55417	C M LEPOUDRE & N MALESKY	RESIDENTIAL	$232,700	148 ft
5236 43RD AVE S MINNEAPOLIS MN 55417	S A GROSSMAN & W P GROSSMAN	RESIDENTIAL	$318,100	160 ft

Property History

Most Recent Sale

Date200008

Price$91,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,872