4000 55TH ST E MINNEAPOLIS MN 55417

PID: 1902823120040

Property Overview

Parcel ID1902823120040

Lot Size5,395 sq ft (0.124 ac)

Lot Dimensions (est.)41 ft wide × 132 ft deep

Year Built1944

Property ClassRESIDENTIAL

OwnerLESLIE ONAN

Assessed Value$297,900

Land Value$113,000

Building Value$184,900

Annual Tax$4,319

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2023 · $27K total declared value · Most recent: Apr 2026 (res)

ResApr 2026Closed

Blue Yeti Services LLC

ResFeb 2024Closed

CenterPoint Energy Resource Corp

MiscNov 2023Closed

$10K

BEISSEL WINDOW & SIDING

MiscMay 2023Closed

$17K

WALKER ROOFING CO

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 width28 ft

Buildable depth92 ft

Area~2,561 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 2,561 sqft buildable area.

Est. units

Yield on cost

2.8%

Spread

-2.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4004 55TH ST E MINNEAPOLIS MN 55417	EDWARD K O'DONNELL	RESIDENTIAL	$271,600	45 ft
4008 55TH ST E MINNEAPOLIS MN 55417	E J VERNON & K M KAVIC	RESIDENTIAL	$369,500	95 ft
3920 55TH ST E MINNEAPOLIS MN 55417	K & G KELLEY	RESIDENTIAL	$314,900	102 ft
4001 BOARDMAN ST MINNEAPOLIS MN 55417	KAREN L CUSTER	RESIDENTIAL	$256,000	135 ft
4007 BOARDMAN ST MINNEAPOLIS MN 55417	NICHOLAS FRITZEN & C FRITZEN	RESIDENTIAL	$350,000	143 ft
4016 55TH ST E MINNEAPOLIS MN 55417	E STONE & N DADDONA	RESIDENTIAL	$405,000	145 ft
3916 55TH ST E MINNEAPOLIS MN 55417	EMILY J ARSENAULT	RESIDENTIAL	$297,900	147 ft
5501 40TH AVE S MINNEAPOLIS MN 55417	CLIFFORD D CESSNA	RESIDENTIAL	$318,600	154 ft
4011 BOARDMAN ST MINNEAPOLIS MN 55417	WAYNE A BURGESS & S BURGESS	RESIDENTIAL	$368,300	166 ft
3921 BOARDMAN ST MINNEAPOLIS MN 55417	RUSSELL ROGNESS	RESIDENTIAL	$252,400	170 ft

Property History

Most Recent Sale

Date202307

Price$312,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,319