5500 THOMAS AVE S MINNEAPOLIS MN 55410

PID: 2002824120135

Property Overview

Parcel ID2002824120135

Lot Size5,981 sq ft (0.137 ac)

Lot Dimensions (est.)128 ft wide × 47 ft deep

Year Built1948

Property ClassRESIDENTIAL

OwnerJACQUELYN A BOOKS TRUST

Assessed Value$484,000

Land Value$231,000

Building Value$253,000

Annual Tax$7,422

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

8 permits on record since 2018 · $36K total declared value · Most recent: Nov 2024 (existres)

ExistresNov 2024Closed

Hero Home Services LLC

MiscOct 2023Closed

$16K

MIDWEST ROOF & SOLAR AND SUPERIOR WINDOWS

ResOct 2023Closed

4Front Energy Solutions Inc

MiscJun 2023Closed

$13K

MIDWEST ROOF & SOLAR AND SUPERIOR WINDOWS

ResApr 2023Expired

Hero Home Services LLC

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 depth7 ft

Area~2,967 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 2,967 sqft buildable area.

Est. units

Yield on cost

2.2%

Spread

-3.3%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5504 THOMAS AVE S MINNEAPOLIS MN 55410	GREENWOOD & GREENWOOD TRUST	RESIDENTIAL	$987,400	47 ft
5508 THOMAS AVE S MINNEAPOLIS MN 55410	MARJORIE J DISTAD	RESIDENTIAL	$414,300	93 ft
5512 THOMAS AVE S MINNEAPOLIS MN 55410	C EISENBERG & C CARLETON	RESIDENTIAL	$682,000	139 ft
5501 UPTON AVE S MINNEAPOLIS MN 55410	R H & K S SAVOIE	RESIDENTIAL	$461,800	141 ft
5505 UPTON AVE S MINNEAPOLIS MN 55410	C FROISLAND & A FROISLAND	RESIDENTIAL	$462,200	149 ft
2710 55TH ST W MINNEAPOLIS MN 55410	M A PAVAN & M R R PINTO	RESIDENTIAL	$682,700	149 ft
2706 55TH ST W MINNEAPOLIS MN 55410	JOEL MATTHEW HEINE	RESIDENTIAL	$689,300	149 ft
2700 55TH ST W MINNEAPOLIS MN 55410	J A HALLBERG/D L KENDALL	RESIDENTIAL	$405,000	162 ft
2714 55TH ST W MINNEAPOLIS MN 55410	KIMBERLY B CONNOLLY TRUST	RESIDENTIAL	$385,000	165 ft
5509 UPTON AVE S MINNEAPOLIS MN 55410	S D DEAL & M TSE-DEAL	RESIDENTIAL	$489,500	169 ft

Property History

Most Recent Sale

Date201808

Price$405,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,422