5548 THOMAS AVE S MINNEAPOLIS MN 55410

PID: 2002824120147

Property Overview

Parcel ID2002824120147

Lot Size5,937 sq ft (0.136 ac)

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

Year Built1947

Property ClassRESIDENTIAL

OwnerALEXA NAVIS & RYAN NAVIS

Assessed Value$569,300

Land Value$229,000

Building Value$340,300

Annual Tax$9,021

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2007 · $101K total declared value · Most recent: Oct 2024 (existres)

ExistresOct 2024Closed

Travis Glanzer HVAC LLC

MiscOct 2024Closed

$11K

TOPSIDE INC

Building Re-inspectionMar 2007

$90K

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~2,937 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 2,937 sqft buildable area.

Est. units

Yield on cost

2.2%

Spread

-3.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5544 THOMAS AVE S MINNEAPOLIS MN 55410	DAWN GUNDERSON TAYLER	RESIDENTIAL	$510,100	46 ft
5540 THOMAS AVE S MINNEAPOLIS MN 55410	WANDA M SIMS	RESIDENTIAL	$397,000	93 ft
5600 THOMAS AVE S MINNEAPOLIS MN 55410	A A BURRIS & L SCHULEMAN	RESIDENTIAL	$457,900	108 ft
5536 THOMAS AVE S MINNEAPOLIS MN 55410	PAMELA K THOMPSON	RESIDENTIAL	$463,700	139 ft
5549 UPTON AVE S MINNEAPOLIS MN 55410	RICHARD & CATHERINE ANDERSON	RESIDENTIAL	$576,900	141 ft
5545 UPTON AVE S MINNEAPOLIS MN 55410	JACOB WIELAND/LARA STEINHOFF	RESIDENTIAL	$497,100	149 ft
5604 THOMAS AVE S MINNEAPOLIS MN 55410	PETER L SCHOW	RESIDENTIAL	$281,000	160 ft
5541 UPTON AVE S MINNEAPOLIS MN 55410	PAUL MARTINUZZI/CLARE TIPLER	RESIDENTIAL	$554,100	170 ft
5601 UPTON AVE S MINNEAPOLIS MN 55410	MANUEL FERNANDEZ OROMENDIA	RESIDENTIAL	$391,500	178 ft
5532 THOMAS AVE S MINNEAPOLIS MN 55410	SHAUN PATRICK KEPFORD	RESIDENTIAL	$559,800	185 ft

Property History

Most Recent Sale

Date202410

Price$570,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,021