5533 QUEEN AVE S MINNEAPOLIS MN 55410

PID: 2002824110036

Property Overview

Parcel ID2002824110036

Lot Size6,310 sq ft (0.145 ac)

Lot Dimensions (est.)126 ft wide × 50 ft deep

Year Built1942

Property ClassRESIDENTIAL

OwnerJOAN M THORPE

Assessed Value$549,000

Land Value$235,000

Building Value$314,000

Annual Tax$8,638

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2019 · $11K total declared value · Most recent: Sep 2025 (misc)

MiscSep 2025Closed

$6K

Pure Construction

MiscFeb 2024Closed

$2K

CREW2 INC

ResNov 2019Closed

CHAMPION PLUMBING LLC

MiscMay 2019Closed

$4K

SELA ROOFING AND REMODELING INC

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Minneapolis

Median reported rent1,771/mo

Renter-occupied10.4%

Median home value$551K

Vacancy rate5.7%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1113

Market Snapshot

Zip code 55410

Median sale price$626K+10.3% YoY

Median price / sqft$312/sqft

Median days to close30 days

Active listings56

Source: Redfin Data Center (Invalid Date) · Zip 55410

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width40 ft

Buildable depth86 ft

Area~3,447 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 small multifamily (2–4 units, wood frame) benchmarks for 3,447 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5537 QUEEN AVE S MINNEAPOLIS MN 55410	KEVIN M ROSS REV TRST AGRMT	RESIDENTIAL	$486,800	50 ft
5529 QUEEN AVE S MINNEAPOLIS MN 55410	E J HOLMGREN & L V HOLMGREN	RESIDENTIAL	$493,900	50 ft
5541 QUEEN AVE S MINNEAPOLIS MN 55410	S R STREETER & K K STREETER	RESIDENTIAL	$558,200	100 ft
5525 QUEEN AVE S MINNEAPOLIS MN 55410	E JOHNSON & E DEUTSCHMAN	RESIDENTIAL	$568,800	100 ft
5532 PENN AVE S MINNEAPOLIS MN 55419	5532 PENN AVE LLC	RESIDENTIAL-TWO UNIT	$422,600	140 ft
5528 PENN AVE S MINNEAPOLIS MN 55419	ROBERT MARLIN ECKSTROM	RESIDENTIAL-TWO UNIT	$455,500	148 ft
5545 QUEEN AVE S MINNEAPOLIS MN 55410	MARK G OLIVE & NANCY J STEGE	RESIDENTIAL	$427,000	149 ft
5536 PENN AVE S MINNEAPOLIS MN 55419	PENN AVENUE PROPERTIES LLC	RESIDENTIAL-TWO UNIT	$420,800	149 ft
5523 QUEEN AVE S MINNEAPOLIS MN 55410	J GALVIN & E R HANSEN	RESIDENTIAL	$481,500	150 ft
5524 PENN AVE S MINNEAPOLIS MN 55419	NAOMI MARIE ALBRIGHT	RESIDENTIAL-TWO UNIT	$458,500	171 ft

Property History

Most Recent Sale

Date200604

Price$415,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,638