5840 SHERIDAN AVE S MINNEAPOLIS MN 55410

PID: 2002824410044

Property Overview

Parcel ID2002824410044

Lot Size6,375 sq ft (0.146 ac)

Lot Dimensions (est.)127 ft wide × 50 ft deep

Year Built1959

Property ClassRESIDENTIAL

OwnerLUKE H & MARGARET L NEUVILLE

Assessed Value$639,000

Land Value$191,000

Building Value$448,000

Annual Tax$10,341

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

10 permits on record since 2018 · $147K total declared value · Most recent: Aug 2025 (res)

ResAug 2025Closed

Alexander Plumbing LLC

ExistresAug 2025Inspection

SPI Mechanical LLC

ExistresApr 2025Inspection

RTS Mechanical LLC

ResApr 2025Closed

Alexander Plumbing LLC

RemodelMar 2025Final Inspection

$116K

MCC Kitchen, Bath & Closet Remodeling

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

Neighborhood Profile

Armatage · Minneapolis

Median reported rent2,052/mo

Renter-occupied15.4%

Median home value$393K

Vacancy rate2.0%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 120.01

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width40 ft

Buildable depth87 ft

Area~3,499 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 3,499 sqft buildable area.

Est. units

Yield on cost

2.0%

Spread

-3.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5834 SHERIDAN AVE S MINNEAPOLIS MN 55410	JASON J & KARI M HARRISON	RESIDENTIAL	$467,800	50 ft
5844 SHERIDAN AVE S MINNEAPOLIS MN 55410	MARY T CURTIN TRUST	RESIDENTIAL	$464,700	50 ft
5828 SHERIDAN AVE S MINNEAPOLIS MN 55410	P J GUST & L M GUST TRUSTEES	RESIDENTIAL	$444,000	100 ft
5848 SHERIDAN AVE S MINNEAPOLIS MN 55410	JOHANNA L BAKER-RAIVO ET AL	RESIDENTIAL	$520,000	103 ft
5839 THOMAS AVE S MINNEAPOLIS MN 55410	MICHAEL B WOLETZ	RESIDENTIAL	$480,000	132 ft
5845 THOMAS AVE S MINNEAPOLIS MN 55410	J L PORTER & B D PORTER	RESIDENTIAL	$488,500	135 ft
5824 SHERIDAN AVE S MINNEAPOLIS MN 55410	STEVEN C BOYUM	RESIDENTIAL	$409,600	155 ft
2604 59TH ST W MINNEAPOLIS MN 55410	CHAD M STASSI-FRITZ ET AL	RESIDENTIAL	$484,300	161 ft
5851 THOMAS AVE S MINNEAPOLIS MN 55410	J E BARTOLETTI ET AL	RESIDENTIAL	$403,200	164 ft
5837 SHERIDAN AVE S MINNEAPOLIS MN 55410	PETER & TRACY KOOTSIKAS	RESIDENTIAL	$421,000	187 ft

Property History

Most Recent Sale

Date202108

Price$717,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$10,341