5512 42ND AVE S MINNEAPOLIS MN 55417

PID: 1902823120103

Property Overview

Parcel ID1902823120103

Lot Size5,121 sq ft (0.118 ac)

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

Year Built1942

Property ClassRESIDENTIAL

OwnerK M MILNER & K F MURPHY

Assessed Value$320,900

Land Value$104,000

Building Value$216,900

Annual Tax$4,701

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

8 permits on record since 2017 · $27K total declared value · Most recent: Sep 2023 (res)

ResSep 2023Closed

CenterPoint Energy Resource Corp

MiscSep 2021Closed

$23K

TWIN CITIES SIDING PROFESSIONALS

ExistresOct 2018Closed

Standard Heating and Air Conditioning Inc

RemodelApr 2017Closed

$1K

Kathleen F Murphy

ExistresApr 2017Closed

Erickson Plumbing Heating Cooling Inc

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth88 ft

Area~2,639 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 2,639 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
5508 42ND AVE S MINNEAPOLIS MN 55417	JOSEPH M & KARRYN FOSTER	RESIDENTIAL	$307,500	40 ft
5516 42ND AVE S MINNEAPOLIS MN 55417	JUSTIN JONES & EMILY JONES	RESIDENTIAL	$314,600	40 ft
5504 42ND AVE S MINNEAPOLIS MN 55417	D L GEORGE & R R BILLINGTON	RESIDENTIAL	$246,200	80 ft
5520 42ND AVE S MINNEAPOLIS MN 55417	DEBRA A SCHMITZ	RESIDENTIAL	$234,600	80 ft
5500 42ND AVE S MINNEAPOLIS MN 55417	SALVADORE O DIAZ	RESIDENTIAL	$218,000	120 ft
5524 42ND AVE S MINNEAPOLIS MN 55417	A M FUJII & G PRESSNALL	RESIDENTIAL	$306,900	120 ft
5513 41ST AVE S MINNEAPOLIS MN 55417	C M STAYKO & H E STAYKO	RESIDENTIAL	$268,000	141 ft
5517 41ST AVE S MINNEAPOLIS MN 55417	C M STAYKO & H E STAYKO	RESIDENTIAL	$225,600	147 ft
5509 41ST AVE S MINNEAPOLIS MN 55417	CARLOS GUTIERREZ	RESIDENTIAL	$251,400	147 ft
5528 42ND AVE S MINNEAPOLIS MN 55417	HEATHER L REDAL/MARK C REDAL	RESIDENTIAL	$284,100	160 ft

Property History

Most Recent Sale

Date199705

Price$92,900

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,701