5857 43RD AVE S MINNEAPOLIS MN 55417

PID: 1902823410075

Property Overview

Parcel ID1902823410075

Lot Size36,024 sq ft (0.827 ac)

Lot Dimensions (est.)130 ft wide × 277 ft deep

Year Built1968

Property ClassCOMMERCIAL-PREFERRED

OwnerNORTHWESTERN BELL TELEPHONE

Assessed Value$1,354,000

Land Value$318,800

Building Value$1,035,200

Annual Tax$50,055

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2000 · $3.4M total declared value · Most recent: Dec 2022 (remodel)

RemodelDec 2022Expired

$40K

CROWN CASTLE

Building Re-inspectionAug 2004

$320K

Building Re-inspectionMar 2001

$2.8M

Building Re-inspectionNov 2000

$231K

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$390K+0.0% YoY

Median price / sqft$253/sqft

Median days to close13 days

Active listings29

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 width117 ft

Buildable depth237 ft

Area~23,624 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 23,624 sqft buildable area.

Est. units

Yield on cost

3.2%

Spread

-2.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5844 44TH AVE S MINNEAPOLIS MN 55417	JOHN E SCHUSTER	RESIDENTIAL	$298,000	142 ft
5848 44TH AVE S MINNEAPOLIS MN 55417	JAY MICHAEL PAULSON	RESIDENTIAL	$255,900	147 ft
5840 44TH AVE S MINNEAPOLIS MN 55417	JOSIAH D LILLIGREN	RESIDENTIAL	$225,500	148 ft
5829 43RD AVE S MINNEAPOLIS MN 55417	KIM TRAN ETAL	RESIDENTIAL	$277,200	161 ft
5852 44TH AVE S MINNEAPOLIS MN 55417	PATRICIA L GULLICKSON	RESIDENTIAL	$235,500	162 ft
5836 44TH AVE S MINNEAPOLIS MN 55417	J&B HOLDINGS LLC	RESIDENTIAL	$236,700	164 ft
5856 44TH AVE S MINNEAPOLIS MN 55417	BRETT J WILLIAMS	RESIDENTIAL	$225,400	185 ft
5832 44TH AVE S MINNEAPOLIS MN 55417	SAMANTHA FAYE FRANCIS	RESIDENTIAL	$265,200	187 ft
5844 43RD AVE S MINNEAPOLIS MN 55417	REGENT LLC	RESIDENTIAL	$241,800	188 ft
5840 43RD AVE S MINNEAPOLIS MN 55417	MICHAEL ARROYO	RESIDENTIAL	$247,800	192 ft

Property History

Current Tax Year

Year2026

Tax Due$50,055