5545 MORGAN AVE S MINNEAPOLIS MN 55419

PID: 2102824220109

Property Overview

Parcel ID2102824220109

Lot Size6,226 sq ft (0.143 ac)

Lot Dimensions (est.)128 ft wide × 49 ft deep

Year Built1951

Property ClassRESIDENTIAL

OwnerALEXANDRA EMMONS

Assessed Value$380,200

Land Value$206,000

Building Value$174,200

Annual Tax$5,691

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2020 · $22K total declared value · Most recent: Apr 2021 (misc)

MiscApr 2021Closed

$11K

LEGACY RESTORATION LLC

MiscApr 2021Closed

$11K

LEGACY RESTORATION LLC

ResFeb 2020Closed

CenterPoint Energy Resource Corp

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$535K+0.3% YoY

Median price / sqft$293/sqft

Median days to close12 days

Active listings39

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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width115 ft

Buildable depth9 ft

Area~3,135 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 3,135 sqft buildable area.

Est. units

Yield on cost

2.1%

Spread

-3.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5541 MORGAN AVE S MINNEAPOLIS MN 55419	L A WOODIE & D L WALKER	RESIDENTIAL	$482,000	50 ft
5537 MORGAN AVE S MINNEAPOLIS MN 55419	E MAGNUSON & K PALMSTEN	RESIDENTIAL	$447,400	100 ft
5601 MORGAN AVE S MINNEAPOLIS MN 55419	DANIEL KUEFFER/KELLY KUEFFER	RESIDENTIAL	$377,500	103 ft
5544 LOGAN AVE S MINNEAPOLIS MN 55419	LORI A TORBENSON TRUST	RESIDENTIAL	$419,200	141 ft
5605 MORGAN AVE S MINNEAPOLIS MN 55419	B A KLUG & J M ROSALES	RESIDENTIAL	$311,800	142 ft
5540 LOGAN AVE S MINNEAPOLIS MN 55419	BRUCE TAYLOR & PAULA TAYLOR	RESIDENTIAL	$430,800	150 ft
5533 MORGAN AVE S MINNEAPOLIS MN 55419	KATHRYN A KINNEY	RESIDENTIAL	$451,200	150 ft
5536 LOGAN AVE S MINNEAPOLIS MN 55419	K J DEVERE & B J DEVERE	RESIDENTIAL	$432,800	173 ft
5600 LOGAN AVE S MINNEAPOLIS MN 55419	PATRICK J & JOANNE MC NAMER	RESIDENTIAL	$466,500	175 ft
5609 MORGAN AVE S MINNEAPOLIS MN 55419	S SORENSON & S SORENSON	RESIDENTIAL	$347,700	182 ft

Property History

Most Recent Sale

Date202106

Price$397,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,691