5400 CUMBERLAND RD MINNEAPOLIS MN 55410

PID: 2002824110158

Property Overview

Parcel ID2002824110158

Lot Size5,635 sq ft (0.129 ac)

Lot Dimensions (est.)46 ft wide × 123 ft deep

Year Built1949

Property ClassRESIDENTIAL

OwnerD PETERSON & B RUFF PETERSON

Assessed Value$509,100

Land Value$219,000

Building Value$290,100

Annual Tax$7,904

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2020 · $445K total declared value · Most recent: Jul 2020 (res)

ResJul 2020Closed

KB Mechanical Inc

NewresJun 2020Closed

$20K

KB Mechanical Inc

ExistresJun 2020Closed

FIRESIDE HEARTH AND HOME

ResJun 2020Closed

Rock Solid Plumbing LLC

AdditionApr 2020Closed

$425K

BELLA CUSTOM HOMES

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 width33 ft

Buildable depth83 ft

Area~549 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 549 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
2505 54TH ST W MINNEAPOLIS MN 55410	N STEENWYK & M STEENWYK	RESIDENTIAL	$453,100	48 ft
2509 54TH ST W MINNEAPOLIS MN 55410	KRISTINA L STREED	RESIDENTIAL	$537,800	98 ft
5420 CUMBERLAND RD MINNEAPOLIS MN 55410	JOHN O & MARY M ALDERMAN	RESIDENTIAL	$503,200	139 ft
5405 CUMBERLAND RD MINNEAPOLIS MN 55410	RICHARD L TRETHEWEY	RESIDENTIAL	$472,400	147 ft
2515 54TH ST W MINNEAPOLIS MN 55410	G K SHIPMAN/C E SHIPMAN III	RESIDENTIAL	$456,200	149 ft
5401 CUMBERLAND RD MINNEAPOLIS MN 55410	A D RENNEKE & B RENNEKE	RESIDENTIAL	$492,000	151 ft
2500 54TH ST W MINNEAPOLIS MN 55410	DANA R BARR	RESIDENTIAL	$669,000	153 ft
2506 ROBBINS ST MINNEAPOLIS MN 55410	K L Z ROGNESS & C P ROGNESS	RESIDENTIAL	$533,400	157 ft
5409 CUMBERLAND RD MINNEAPOLIS MN 55410	KEVIN E LUDKE REV TR ET AL	RESIDENTIAL	$542,800	162 ft
5415 CUMBERLAND RD MINNEAPOLIS MN 55410	D A LEIN BUNAGTE ET AL	RESIDENTIAL	$499,400	188 ft

Property History

Most Recent Sale

Date201206

Price$140,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,904