5430 42ND AVE S MINNEAPOLIS MN 55417

PID: 1902823120002

Property Overview

Parcel ID1902823120002

Lot Size6,008 sq ft (0.138 ac)

Lot Dimensions (est.)80 ft wide × 75 ft deep

Year Built1940

Property ClassRESIDENTIAL-TWO UNIT

OwnerNICOLE F NAFZIGER

Assessed Value$394,600

Land Value$113,000

Building Value$281,600

Annual Tax$7,871

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2024 · $2K total declared value · Most recent: May 2025 (res)

ResMay 2025Closed

CenterPoint Energy Resource Corp

MiscNov 2024Final Inspection

$2K

THE HOME DEPOT

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Morris Park · Minneapolis

Median reported rent1,438/mo

Renter-occupied18.6%

Median home value$267K

Vacancy rate2.5%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 121.02

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 width67 ft

Buildable depth35 ft

Area~2,480 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 2,480 sqft buildable area.

Est. units

Yield on cost

2.9%

Spread

-2.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5442 42ND AVE S MINNEAPOLIS MN 55417	KARI L MEYER	RESIDENTIAL	$244,700	67 ft
4115 BOARDMAN ST MINNEAPOLIS MN 55417	D L TENNISON & R L TENNISON	RESIDENTIAL	$413,600	86 ft
4109 BOARDMAN ST MINNEAPOLIS MN 55417	S E JOYCE & S L JOYCE	RESIDENTIAL	$284,900	148 ft
5437 42ND AVE S MINNEAPOLIS MN 55417	KATHERINE BORMANN	RESIDENTIAL	$328,500	164 ft
5433 42ND AVE S MINNEAPOLIS MN 55417	MICHAEL WELCH/JACLYN SAWYER	RESIDENTIAL	$255,300	166 ft
5452 42ND AVE S MINNEAPOLIS MN 55417	JAMES SHARPSTEEN	RESIDENTIAL	$317,100	166 ft
4122 55TH ST E MINNEAPOLIS MN 55417	KRISTEN MURPHY/ BENJAMIN LEE	RESIDENTIAL	$317,200	167 ft
5424 42ND AVE S MINNEAPOLIS MN 55417	GRACE BAPTIST CHUCH OF MPLS	COMMERCIAL-PREFERRED	$0	169 ft
5441 42ND AVE S MINNEAPOLIS MN 55417	DAVID VILLAVICENCIO	RESIDENTIAL	$237,900	171 ft
4118 55TH ST E MINNEAPOLIS MN 55417	BARBARA D WILSON SURVIVOR TR	RESIDENTIAL	$376,600	176 ft

Property History

Most Recent Sale

Date201208

Price$169,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,871