5408 MORGAN AVE S MINNEAPOLIS MN 55419

PID: 2102824220030

Property Overview

Parcel ID2102824220030

Lot Size6,381 sq ft (0.146 ac)

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

Year Built1948

Property ClassRESIDENTIAL

OwnerA M GONZALEZ & H M GONZALEZ

Assessed Value$468,100

Land Value$207,000

Building Value$261,100

Annual Tax$7,388

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2017 · $104K total declared value · Most recent: Aug 2022 (remodel)

RemodelAug 2022Closed

$86K

Haven Builders LLC

ResJul 2022Expired

Metro Heating & Cooling LLC

AccessoryAug 2021Closed

$14K

Minneapolis Garage Builders, LLC

ResFeb 2020Closed

CenterPoint Energy Resource Corp

MiscMay 2017Closed

$4K

STANDARD WATER CONTROL SYSTEMS INC

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~3,504 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 3,504 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
5404 MORGAN AVE S MINNEAPOLIS MN 55419	K G LOCKE & A L NORRIS	RESIDENTIAL	$499,400	50 ft
5412 MORGAN AVE S MINNEAPOLIS MN 55419	ANNIKKA WILSON/PETER WILSON	RESIDENTIAL	$473,900	50 ft
5400 MORGAN AVE S MINNEAPOLIS MN 55419	ZACHARY MADSON/MOLLY MADSON	RESIDENTIAL	$451,200	98 ft
5416 MORGAN AVE S MINNEAPOLIS MN 55419	PETER A HANSON	RESIDENTIAL	$399,500	100 ft
5409 NEWTON AVE S MINNEAPOLIS MN 55419	D D BELINA & R J BELINA	RESIDENTIAL	$427,000	141 ft
5420 MORGAN AVE S MINNEAPOLIS MN 55419	M P MULLEN/K K HANSON-MULLEN	RESIDENTIAL	$396,200	150 ft
5413 NEWTON AVE S MINNEAPOLIS MN 55419	ELAINE VARGO	RESIDENTIAL	$471,600	150 ft
5405 NEWTON AVE S MINNEAPOLIS MN 55419	JANE E LANSING REV TRUST	RESIDENTIAL	$633,000	150 ft
5401 NEWTON AVE S MINNEAPOLIS MN 55419	A M ZAPATA-PALMER ET AL	RESIDENTIAL	$412,800	172 ft
5417 NEWTON AVE S MINNEAPOLIS MN 55419	S R BLEND & O L CAFLISCH	RESIDENTIAL	$510,800	173 ft

Property History

Most Recent Sale

Date202103

Price$410,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,388