5500 MORGAN AVE S MINNEAPOLIS MN 55419

PID: 2102824220121

Property Overview

Parcel ID2102824220121

Lot Size6,212 sq ft (0.143 ac)

Lot Dimensions (est.)127 ft wide × 49 ft deep

Year Built1949

Property ClassRESIDENTIAL

OwnerKATHLEEN A WENZEL

Assessed Value$456,800

Land Value$206,000

Building Value$250,800

Annual Tax$6,969

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2017 · Most recent: Feb 2020 (res)

ResFeb 2020Closed

CenterPoint Energy Resource Corp

ExistresNov 2019Closed

BOYS MECHANICAL INC

ExistresAug 2019Closed

Cities 1 Plumbing and Heating Inc

ResSep 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

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 width114 ft

Buildable depth9 ft

Area~3,125 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 3,125 sqft buildable area.

Est. units

Yield on cost

2.1%

Spread

-3.4%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5504 MORGAN AVE S MINNEAPOLIS MN 55419	J M & A M SITTIG	RESIDENTIAL	$450,100	49 ft
5508 MORGAN AVE S MINNEAPOLIS MN 55419	RANDINE M PETERSEN	RESIDENTIAL	$510,400	99 ft
5444 MORGAN AVE S MINNEAPOLIS MN 55419	T KEARNEY & J KEARNEY	RESIDENTIAL	$523,800	108 ft
5501 NEWTON AVE S MINNEAPOLIS MN 55419	V C CHAVEZ & L CHAVEZ	RESIDENTIAL	$431,000	141 ft
5512 MORGAN AVE S MINNEAPOLIS MN 55419	J SCHNEIDER & K SCHNEIDER	RESIDENTIAL	$539,600	149 ft
5505 NEWTON AVE S MINNEAPOLIS MN 55419	C SCHERER & D A SCHERER	RESIDENTIAL	$506,600	149 ft
5440 MORGAN AVE S MINNEAPOLIS MN 55419	C T SMITH & M M KRUTCHEN	RESIDENTIAL	$487,800	157 ft
5509 NEWTON AVE S MINNEAPOLIS MN 55419	DIANA D SPITZER	RESIDENTIAL	$411,400	173 ft
5445 NEWTON AVE S MINNEAPOLIS MN 55419	EMILY MOCCIO & JOSEPH MOCCIO	RESIDENTIAL	$451,200	178 ft
5501 MORGAN AVE S MINNEAPOLIS MN 55419	KRISTIN A SCHWARTZ	RESIDENTIAL	$521,600	187 ft

Property History

Most Recent Sale

Date201705

Price$450,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,969