5405 MORGAN AVE S MINNEAPOLIS MN 55419

PID: 2102824220026

Property Overview

Parcel ID2102824220026

Lot Size6,381 sq ft (0.146 ac)

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

Year Built1948

Property ClassRESIDENTIAL

OwnerK PERKINS & K PERKINS

Assessed Value$515,400

Land Value$207,000

Building Value$308,400

Annual Tax$8,003

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2017 · $6K total declared value · Most recent: Feb 2020 (res)

ResFeb 2020Closed

CenterPoint Energy Resource Corp

ResJan 2020Closed

CHAMPION PLUMBING LLC

ExistresJun 2019Closed

HomeWorks Services LLC

MiscOct 2018Closed

$6K

TOPSIDE INC

ResJan 2017Closed

Hearth and Home Technologies 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 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 width40 ft

Buildable depth88 ft

Area~3,503 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 3,503 sqft buildable area.

Est. units

Yield on cost

1.9%

Spread

-3.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5401 MORGAN AVE S MINNEAPOLIS MN 55419	C L COLBY & M R OLSON	RESIDENTIAL	$454,900	49 ft
5409 MORGAN AVE S MINNEAPOLIS MN 55419	D G DUEPNER & B A BAHR	RESIDENTIAL	$459,500	50 ft
5413 MORGAN AVE S MINNEAPOLIS MN 55419	TIMOTHY RIVERA-MYERS ET AL	RESIDENTIAL	$385,400	100 ft
5404 LOGAN AVE S MINNEAPOLIS MN 55419	MICHAEL RYAN & TAYLOR RYAN	RESIDENTIAL	$461,100	141 ft
5400 LOGAN AVE S MINNEAPOLIS MN 55419	KATHLEEN JACKSON	RESIDENTIAL	$435,300	149 ft
5408 LOGAN AVE S MINNEAPOLIS MN 55419	J CASTANEDA & M K CASTANEDA	RESIDENTIAL	$431,500	150 ft
5417 MORGAN AVE S MINNEAPOLIS MN 55419	J J HUNTING & J C HUNTING	RESIDENTIAL	$438,200	150 ft
5412 LOGAN AVE S MINNEAPOLIS MN 55419	SAMUEL DAIGLE/MORGAN DAIGLE	RESIDENTIAL	$465,100	173 ft
5404 MORGAN AVE S MINNEAPOLIS MN 55419	K G LOCKE & A L NORRIS	RESIDENTIAL	$499,400	187 ft
5400 MORGAN AVE S MINNEAPOLIS MN 55419	ZACHARY MADSON/MOLLY MADSON	RESIDENTIAL	$451,200	193 ft

Property History

Most Recent Sale

Date202204

Price$565,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,003