5700 43RD AVE S MINNEAPOLIS MN 55417

PID: 1902823140119

Property Overview

Parcel ID1902823140119

Lot Size5,126 sq ft (0.118 ac)

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

Year Built1950

Property ClassRESIDENTIAL

OwnerC K LARSON & J A LARSON

Assessed Value$307,100

Land Value$110,000

Building Value$197,100

Annual Tax$4,714

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2023 · Most recent: Jul 2024 (res)

ResJul 2024Closed

MN Plumbing & Home Services INC

ResJan 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~2,380 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 2,380 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
5704 43RD AVE S MINNEAPOLIS MN 55417	P A BROBERG & N L FORSBERG	RESIDENTIAL	$293,400	40 ft
5708 43RD AVE S MINNEAPOLIS MN 55417	TERRY L JORGENSEN	RESIDENTIAL	$213,600	80 ft
5656 43RD AVE S MINNEAPOLIS MN 55417	FRANCISCO HERNANDEZ JR ET AL	RESIDENTIAL	$267,700	100 ft
5712 43RD AVE S MINNEAPOLIS MN 55417	A BASMOEN & M P LEHNER	RESIDENTIAL	$338,800	120 ft
5652 43RD AVE S MINNEAPOLIS MN 55417	E R FREEDLAND/S P FREEDLAND	RESIDENTIAL	$281,700	141 ft
5701 42ND AVE S MINNEAPOLIS MN 55417	PATRICK SCHUBITZKE	RESIDENTIAL	$268,100	142 ft
5705 42ND AVE S MINNEAPOLIS MN 55417	C J REIJON & D L GOLPER	RESIDENTIAL	$273,500	148 ft
5716 43RD AVE S MINNEAPOLIS MN 55417	J L BANKS & T H BANKS	RESIDENTIAL	$302,700	160 ft
5709 42ND AVE S MINNEAPOLIS MN 55417	HORTENCIA BOUDREAU	RESIDENTIAL	$313,400	163 ft
5657 42ND AVE S MINNEAPOLIS MN 55417	A M NOVOTNY & J BURNS	RESIDENTIAL	$284,900	173 ft

Property History

Most Recent Sale

Date202406

Price$328,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,714