3516 55TH ST E MINNEAPOLIS MN 55417

PID: 1902823210084

Property Overview

Parcel ID1902823210084

Lot Size6,761 sq ft (0.155 ac)

Lot Dimensions (est.)51 ft wide × 133 ft deep

Year Built1928

Property ClassRESIDENTIAL

OwnerJ G WILLIAMSON & A J LAWLER

Assessed Value$282,400

Land Value$129,000

Building Value$153,400

Annual Tax$4,060

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2018 · $19K total declared value · Most recent: Feb 2024 (res)

ResFeb 2024Closed

CenterPoint Energy Resource Corp

MiscOct 2023Expired

$17K

IROOF Minnesota

RemodelNov 2021Closed

$2K

Innovative Basement Authority

ExistresFeb 2020Closed

MAJESTIC CUSTOM HEATING & AIR CONDITIONING

ResFeb 2018Closed

Adam's On-Time Plumbing & Water Heaters LLC

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 width40 ft

Buildable depth95 ft

Area~3,808 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 3,808 sqft buildable area.

Est. units

Yield on cost

2.9%

Spread

-2.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3512 55TH ST E MINNEAPOLIS MN 55417	S AHERN & K GRESHWALK	RESIDENTIAL	$301,400	50 ft
3520 55TH ST E MINNEAPOLIS MN 55417	KELLY KELLNER/ROBERT KELLNER	RESIDENTIAL	$631,000	50 ft
3508 55TH ST E MINNEAPOLIS MN 55417	PATRICK J KENNEY	RESIDENTIAL	$279,800	100 ft
3524 55TH ST E MINNEAPOLIS MN 55417	E GIBSON & M K GIBSON	RESIDENTIAL	$342,800	100 ft
3517 BOARDMAN ST MINNEAPOLIS MN 55417	JASON HUGHES & ROBIN HUGHES	RESIDENTIAL	$335,900	135 ft
3521 BOARDMAN ST MINNEAPOLIS MN 55417	JEANNE M GOETTEN ET AL	RESIDENTIAL	$246,700	144 ft
3513 BOARDMAN ST MINNEAPOLIS MN 55417	THOMAS STEINMETZ	RESIDENTIAL	$317,700	144 ft
5500 36TH AVE S MINNEAPOLIS MN 55417	RITA A SCHMITT	RESIDENTIAL	$295,100	147 ft
3502 55TH ST E MINNEAPOLIS MN 55417	SUZANNE L REISCHL	RESIDENTIAL	$226,300	150 ft
3600 55TH ST E MINNEAPOLIS MN 55417	M E L AYALA & P A S MACIAS	RESIDENTIAL	$299,500	150 ft

Property History

Most Recent Sale

Date201506

Price$203,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,060