2607 55TH ST W MINNEAPOLIS MN 55410

PID: 2002824110120

Property Overview

Parcel ID2002824110120

Lot Size9,701 sq ft (0.223 ac)

Lot Dimensions (est.)128 ft wide × 76 ft deep

Year Built1948

Property ClassRESIDENTIAL

OwnerLINDA D RIDLEHUBER REV TRUST

Assessed Value$611,500

Land Value$278,000

Building Value$333,500

Annual Tax$9,820

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2008 · $94K total declared value · Most recent: Jul 2024 (existres)

ExistresJul 2024Closed

Standard Heating and Air Conditioning Inc

ResJul 2024Closed

CenterPoint Energy Resource Corp

RemodelJun 2022Closed

$9K

HOME PRO AMERICA LLC

Building Re-inspectionOct 2008

$85K

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

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 depth36 ft

Area~4,116 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 4,116 sqft buildable area.

Est. units

Yield on cost

2.4%

Spread

-3.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5508 CUMBERLAND RD MINNEAPOLIS MN 55410	C ELLENS & N ELLENS	RESIDENTIAL-TWO UNIT	$674,600	69 ft
5512 CUMBERLAND RD MINNEAPOLIS MN 55410	A J ZODROW & M A BROWNE	RESIDENTIAL	$646,000	132 ft
5501 THOMAS AVE S MINNEAPOLIS MN 55410	BOWEN PRINCE & JASMINE HO	RESIDENTIAL	$474,900	143 ft
5505 THOMAS AVE S MINNEAPOLIS MN 55410	VICTORIA ROSE JOHNSON	RESIDENTIAL	$477,500	146 ft
5509 THOMAS AVE S MINNEAPOLIS MN 55410	GRETA MEGNA & BRYANT MEGNA	RESIDENTIAL	$671,000	166 ft
2608 55TH ST W MINNEAPOLIS MN 55410	R & K SOVEREIGN	RESIDENTIAL	$504,000	167 ft
2604 55TH ST W MINNEAPOLIS MN 55410	RYAN M EGAN & LINDSAY A EGAN	RESIDENTIAL	$492,600	167 ft
2600 55TH ST W MINNEAPOLIS MN 55410	S KELLENBERGER & K W JOHNSON	RESIDENTIAL	$1,091,000	180 ft
2521 55TH ST W MINNEAPOLIS MN 55410	J M RAPP & C ROBINSON-RAPP	RESIDENTIAL	$584,700	187 ft
5516 CUMBERLAND RD MINNEAPOLIS MN 55410	L VANCE & C VANCE	RESIDENTIAL	$997,000	188 ft

Property History

Most Recent Sale

Date200604

Price$375,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,820