5501 41ST AVE S MINNEAPOLIS MN 55417

PID: 1902823120127

Property Overview

Parcel ID1902823120127

Lot Size5,128 sq ft (0.118 ac)

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

Year Built1923

Property ClassRESIDENTIAL

OwnerJORDAN GREGERSON ET AL

Assessed Value$250,900

Land Value$110,000

Building Value$140,900

Annual Tax$3,869

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2023 · Most recent: Sep 2024 (res)

ResSep 2024Expired

MN Plumbing & Home Services INC

ResSep 2023Closed

CenterPoint Energy Resource Corp

ResJul 2023Expired

Urban Pine Plumbing and Mechanical 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

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~2,381 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 2,381 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
5505 41ST AVE S MINNEAPOLIS MN 55417	ALEX DANIEL BRAUSEN	RESIDENTIAL	$289,500	40 ft
5509 41ST AVE S MINNEAPOLIS MN 55417	CARLOS GUTIERREZ	RESIDENTIAL	$251,400	80 ft
5513 41ST AVE S MINNEAPOLIS MN 55417	C M STAYKO & H E STAYKO	RESIDENTIAL	$268,000	120 ft
5500 42ND AVE S MINNEAPOLIS MN 55417	SALVADORE O DIAZ	RESIDENTIAL	$218,000	142 ft
5504 42ND AVE S MINNEAPOLIS MN 55417	D L GEORGE & R R BILLINGTON	RESIDENTIAL	$246,200	147 ft
4104 55TH ST E MINNEAPOLIS MN 55417	TODD M TAYLOR & NINA R SMITH	RESIDENTIAL	$299,200	149 ft
4102 55TH ST E MINNEAPOLIS MN 55417	VICTOR C GROUNDS	RESIDENTIAL	$361,100	150 ft
5517 41ST AVE S MINNEAPOLIS MN 55417	C M STAYKO & H E STAYKO	RESIDENTIAL	$225,600	160 ft
4114 55TH ST E MINNEAPOLIS MN 55417	OAKHAVEN HOUSING LLC	LOW INCOME RENTAL	$290,000	162 ft
5508 42ND AVE S MINNEAPOLIS MN 55417	JOSEPH M & KARRYN FOSTER	RESIDENTIAL	$307,500	162 ft

Property History

Most Recent Sale

Date202105

Price$260,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,869