1506 56TH ST W MINNEAPOLIS MN 55419

PID: 2102824210096

Property Overview

Parcel ID2102824210096

Lot Size9,592 sq ft (0.220 ac)

Lot Dimensions (est.)65 ft wide × 148 ft deep

Year Built1955

Property ClassRESIDENTIAL

OwnerM D SCHUETZLE & J SCHUETZLE

Assessed Value$1,022,300

Land Value$246,000

Building Value$776,300

Annual Tax$17,592

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

9 permits on record since 2014 · $560K total declared value · Most recent: Jun 2018 (existres)

ExistresJun 2018Closed

Midland HVAC LLC

ResDec 2017Closed

CENTERPOINT ENERGY

NewresJun 2017Closed

$2K

HEALTHY HOMES LLC

ResMay 2017Closed

FIRESIDE HEARTH AND HOME

ResMay 2017Closed

PRIORITY PLUMBING AND DRAINS

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

Neighborhood Profile

Kenny · Minneapolis

Median reported rent1,759/mo

Renter-occupied8.6%

Median home value$617K

Vacancy rate2.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1114

Market Snapshot

Zip code 55419

Median sale price$494K-4.7% YoY

Median price / sqft$270/sqft

Median days to close29 days

Active listings30

Source: Redfin Data Center (Invalid Date) · Zip 55419

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 width54 ft

Buildable depth110 ft

Area~5,935 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 5,935 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
1500 56TH ST W MINNEAPOLIS MN 55419	JOSEPH WALLACE/VICKY WALLACE	RESIDENTIAL	$1,254,600	79 ft
5541 IRVING AVE S MINNEAPOLIS MN 55419	A C ROCKWELL/A R VON BARGEN	RESIDENTIAL	$437,800	110 ft
5530 HUMBOLDT CIR MINNEAPOLIS MN 55419	MARILYN R DODGE TRUSTEE	RESIDENTIAL	$482,000	117 ft
5545 IRVING AVE S MINNEAPOLIS MN 55419	D WILBUR & C HACKLANDER	RESIDENTIAL	$439,000	121 ft
5537 IRVING AVE S MINNEAPOLIS MN 55419	A SCHNEIDER & H A SCHNEIDER	RESIDENTIAL	$461,900	121 ft
5533 IRVING AVE S MINNEAPOLIS MN 55419	MELISSA A TEWS/MATTHEW TEWS	RESIDENTIAL	$924,500	144 ft
5600 HUMBOLDT AVE S MINNEAPOLIS MN 55419	C KOZICKY & C KOZICKY	RESIDENTIAL	$418,600	158 ft
5526 HUMBOLDT CIR MINNEAPOLIS MN 55419	WARREN H DAY & BARBARA A DAY	RESIDENTIAL	$495,400	167 ft
5529 IRVING AVE S MINNEAPOLIS MN 55419	LINDA GOLOB & KEITH JOCHIM	RESIDENTIAL	$482,700	178 ft
5529 HUMBOLDT CIR MINNEAPOLIS MN 55419	DARRELL D KROENLEIN	RESIDENTIAL-ZERO LOT LINE	$314,900	180 ft

Property History

Most Recent Sale

Date200909

Price$181,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$17,592