5525 QUEEN AVE S MINNEAPOLIS MN 55410

PID: 2002824110038

Property Overview

Parcel ID2002824110038

Lot Size6,312 sq ft (0.145 ac)

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

Year Built1942

Property ClassRESIDENTIAL

OwnerE JOHNSON & E DEUTSCHMAN

Assessed Value$568,800

Land Value$236,000

Building Value$332,800

Annual Tax$9,012

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2020 · $150K total declared value · Most recent: Mar 2022 (existres)

ExistresMar 2022Closed

Patton Heating And Air Conditioning Inc

ResMar 2022Closed

Farr Plumbing and Heating LLC

AdditionDec 2021Closed

$150K

RE-DWELL INC

ExistresOct 2020Closed

Residential Heating and Air Conditioning Inc

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

Neighborhood Profile

Armatage · 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~3,448 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 3,448 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
5529 QUEEN AVE S MINNEAPOLIS MN 55410	E J HOLMGREN & L V HOLMGREN	RESIDENTIAL	$493,900	50 ft
5523 QUEEN AVE S MINNEAPOLIS MN 55410	J GALVIN & E R HANSEN	RESIDENTIAL	$481,500	50 ft
5533 QUEEN AVE S MINNEAPOLIS MN 55410	JOAN M THORPE	RESIDENTIAL	$549,000	100 ft
5519 QUEEN AVE S MINNEAPOLIS MN 55410	DAVID AFDAHL & ANDREA AFDAHL	RESIDENTIAL	$579,100	100 ft
5524 PENN AVE S MINNEAPOLIS MN 55419	NAOMI MARIE ALBRIGHT	RESIDENTIAL-TWO UNIT	$458,500	140 ft
5520 PENN AVE S MINNEAPOLIS MN 55419	R M GABRIEL & L P GABRIEL	RESIDENTIAL-TWO UNIT	$479,400	148 ft
5528 PENN AVE S MINNEAPOLIS MN 55419	ROBERT MARLIN ECKSTROM	RESIDENTIAL-TWO UNIT	$455,500	149 ft
5537 QUEEN AVE S MINNEAPOLIS MN 55410	KEVIN M ROSS REV TRST AGRMT	RESIDENTIAL	$486,800	150 ft
5515 QUEEN AVE S MINNEAPOLIS MN 55410	K H LAYON & K D LAYON	RESIDENTIAL	$526,800	150 ft
5516 PENN AVE S MINNEAPOLIS MN 55419	KIRK L BRINCKS TRUST	RESIDENTIAL-TWO UNIT	$473,800	171 ft

Property History

Most Recent Sale

Date201711

Price$452,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,012