5420 NEWTON AVE S MINNEAPOLIS MN 55419

PID: 2102824220056

Property Overview

Parcel ID2102824220056

Lot Size7,659 sq ft (0.176 ac)

Lot Dimensions (est.)127 ft wide × 60 ft deep

Year Built1949

Property ClassRESIDENTIAL

OwnerSTEVE DAVIS & REBECCA SMITH

Assessed Value$537,400

Land Value$223,000

Building Value$314,400

Annual Tax$8,419

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2019 · $39K total declared value · Most recent: May 2025 (res)

ResMay 2025Inspection

Warners Stellian Co Inc

ResJun 2023Closed

Avid Heating and Cooling Inc

ExistresJun 2023Closed

Avid Heating and Cooling Inc

RemodelMay 2023Closed

$32K

SAWHORSE INC

ResMay 2023Closed

A Johnson Plumbing 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 width50 ft

Buildable depth88 ft

Area~4,380 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 4,380 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
5416 NEWTON AVE S MINNEAPOLIS MN 55419	S BAKER & S PILHOFER	RESIDENTIAL	$455,900	60 ft
5424 NEWTON AVE S MINNEAPOLIS MN 55419	F P ZELLER & M D ZELLER	RESIDENTIAL	$857,000	60 ft
5412 NEWTON AVE S MINNEAPOLIS MN 55419	R ANDERSON & M ANDERSON	RESIDENTIAL	$508,400	120 ft
5430 NEWTON AVE S MINNEAPOLIS MN 55419	EVIN SATHER & JORDAN GUTH	RESIDENTIAL	$421,200	120 ft
5421 OLIVER AVE S MINNEAPOLIS MN 55419	JOHN CHARLES HAUGEN	RESIDENTIAL	$411,600	141 ft
5417 OLIVER AVE S MINNEAPOLIS MN 55419	M D AKERSON & E A AKERSON	RESIDENTIAL	$432,500	148 ft
5425 OLIVER AVE S MINNEAPOLIS MN 55419	S C LUDTKE & B L JESSEN	RESIDENTIAL	$412,600	152 ft
5413 OLIVER AVE S MINNEAPOLIS MN 55419	B HOFFMANN & A TUNHEIM	RESIDENTIAL	$478,300	170 ft
5429 OLIVER AVE S MINNEAPOLIS MN 55419	JOHN R PROUTY LIVING TRUST	RESIDENTIAL	$399,100	176 ft
5406 NEWTON AVE S MINNEAPOLIS MN 55419	G & K REDELSHEIMER TRUST	RESIDENTIAL	$430,600	180 ft

Property History

Most Recent Sale

Date202007

Price$490,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,419