5500 42ND AVE S MINNEAPOLIS MN 55417

PID: 1902823120100

Property Overview

Parcel ID1902823120100

Lot Size5,122 sq ft (0.118 ac)

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

Year Built1922

Property ClassRESIDENTIAL

OwnerSALVADORE O DIAZ

Assessed Value$218,000

Land Value$104,000

Building Value$114,000

Annual Tax$3,383

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2023 · Most recent: Jun 2024 (existres)

ExistresJun 2024Expired

Genz-Ryan Plumbing and Heating Co

ResSep 2023Closed

CenterPoint Energy Resource Corp

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 width115 ft

Buildable depth0 ft

Area~2,377 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 2,377 sqft buildable area.

Est. units

Yield on cost

1.5%

Spread

-4.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5504 42ND AVE S MINNEAPOLIS MN 55417	D L GEORGE & R R BILLINGTON	RESIDENTIAL	$246,200	40 ft
5508 42ND AVE S MINNEAPOLIS MN 55417	JOSEPH M & KARRYN FOSTER	RESIDENTIAL	$307,500	80 ft
5512 42ND AVE S MINNEAPOLIS MN 55417	K M MILNER & K F MURPHY	RESIDENTIAL	$320,900	120 ft
5501 41ST AVE S MINNEAPOLIS MN 55417	JORDAN GREGERSON ET AL	RESIDENTIAL	$250,900	142 ft
4122 55TH ST E MINNEAPOLIS MN 55417	KRISTEN MURPHY/ BENJAMIN LEE	RESIDENTIAL	$317,200	148 ft
5505 41ST AVE S MINNEAPOLIS MN 55417	ALEX DANIEL BRAUSEN	RESIDENTIAL	$289,500	148 ft
4118 55TH ST E MINNEAPOLIS MN 55417	BARBARA D WILSON SURVIVOR TR	RESIDENTIAL	$376,600	152 ft
5452 42ND AVE S MINNEAPOLIS MN 55417	JAMES SHARPSTEEN	RESIDENTIAL	$317,100	154 ft
5516 42ND AVE S MINNEAPOLIS MN 55417	JUSTIN JONES & EMILY JONES	RESIDENTIAL	$314,600	161 ft
5509 41ST AVE S MINNEAPOLIS MN 55417	CARLOS GUTIERREZ	RESIDENTIAL	$251,400	163 ft

Property History

Most Recent Sale

Date200708

Price$148,900

TypePROBATE DEED

Current Tax Year

Year2026

Tax Due$3,383