5541 MORGAN AVE S MINNEAPOLIS MN 55419

PID: 2102824220110

Property Overview

Parcel ID2102824220110

Lot Size6,387 sq ft (0.147 ac)

Lot Dimensions (est.)128 ft wide × 50 ft deep

Year Built1951

Property ClassRESIDENTIAL

OwnerL A WOODIE & D L WALKER

Assessed Value$482,000

Land Value$207,000

Building Value$275,000

Annual Tax$7,599

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

9 permits on record since 2018 · $43K total declared value · Most recent: Sep 2024 (res)

ResSep 2024Inspection

Twin City Fireplace & Stone Company

ExistresApr 2021Closed

Residential Heating and Air Conditioning Inc

ResDec 2020Closed

Precision Plumbing and Heating Inc

RemodelOct 2020Closed

$15K

True Neighbor Contracting LLC

ResAug 2020Closed

Precision Plumbing and Heating Inc

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

Neighborhood Profile

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~3,509 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 3,509 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
5545 MORGAN AVE S MINNEAPOLIS MN 55419	ALEXANDRA EMMONS	RESIDENTIAL	$380,200	50 ft
5537 MORGAN AVE S MINNEAPOLIS MN 55419	E MAGNUSON & K PALMSTEN	RESIDENTIAL	$447,400	50 ft
5533 MORGAN AVE S MINNEAPOLIS MN 55419	KATHRYN A KINNEY	RESIDENTIAL	$451,200	100 ft
5540 LOGAN AVE S MINNEAPOLIS MN 55419	BRUCE TAYLOR & PAULA TAYLOR	RESIDENTIAL	$430,800	142 ft
5536 LOGAN AVE S MINNEAPOLIS MN 55419	K J DEVERE & B J DEVERE	RESIDENTIAL	$432,800	150 ft
5544 LOGAN AVE S MINNEAPOLIS MN 55419	LORI A TORBENSON TRUST	RESIDENTIAL	$419,200	150 ft
5529 MORGAN AVE S MINNEAPOLIS MN 55419	JOHN P HOWLEY	RESIDENTIAL	$423,500	150 ft
5601 MORGAN AVE S MINNEAPOLIS MN 55419	DANIEL KUEFFER/KELLY KUEFFER	RESIDENTIAL	$377,500	152 ft
5532 LOGAN AVE S MINNEAPOLIS MN 55419	N M LARUSSO & K B LARUSSO	RESIDENTIAL	$483,600	173 ft
5540 MORGAN AVE S MINNEAPOLIS MN 55419	R J GOETZ & K M GOETZ	RESIDENTIAL	$387,100	187 ft

Property History

Most Recent Sale

Date202102

Price$545,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,599