5737 45TH AVE S MINNEAPOLIS MN 55417

PID: 1902823140190

Property Overview

Parcel ID1902823140190

Lot Size5,126 sq ft (0.118 ac)

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

Year Built1923

Property ClassRESIDENTIAL

OwnerMEKO PROPERTIES LLC

Assessed Value$227,500

Land Value$87,000

Building Value$140,500

Annual Tax$3,508

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2020 · Most recent: Mar 2023 (res)

ResMar 2023Closed

CenterPoint Energy Resource Corp

ResFeb 2022Closed

Great Quality Plumbing Inc

ResJun 2020Closed

MN Plumbing & Home Services 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~2,380 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

1.6%

Spread

-3.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5735 45TH AVE S MINNEAPOLIS MN 55417	MARC RADINZEL	RESIDENTIAL	$186,400	40 ft
5729 45TH AVE S MINNEAPOLIS MN 55417	ADRIAN J ZIMMERMAN	RESIDENTIAL	$182,000	80 ft
5725 45TH AVE S MINNEAPOLIS MN 55417	TYLER JAMES HARPER	RESIDENTIAL	$224,000	120 ft
5736 46TH AVE S MINNEAPOLIS MN 55417	BRENDA BARCK/LEONARDO TAVERA	RESIDENTIAL	$231,100	142 ft
5732 46TH AVE S MINNEAPOLIS MN 55417	GHRICCO HARPER	RESIDENTIAL-TWO UNIT	$347,300	147 ft
5721 45TH AVE S MINNEAPOLIS MN 55417	PETER TANGREN/NICOLE PHELPS	RESIDENTIAL	$360,300	160 ft
5728 46TH AVE S MINNEAPOLIS MN 55417	K K HANSEN & K HANSEN	RESIDENTIAL-TWO UNIT	$271,900	163 ft
5724 46TH AVE S MINNEAPOLIS MN 55417	CITY OF LAKES COMM LAND TRST	—	$274,600	187 ft
5736 45TH AVE S MINNEAPOLIS MN 55417	P J SULLIVAN & E K SULLIVAN	RESIDENTIAL	$364,900	188 ft
5732 45TH AVE S MINNEAPOLIS MN 55417	BRODIE W LOEFFLER	RESIDENTIAL	$280,600	192 ft

Property History

Most Recent Sale

Date201012

Price$67,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,508