5540 NEWTON AVE S MINNEAPOLIS MN 55419

PID: 2102824220156

Property Overview

Parcel ID2102824220156

Lot Size6,388 sq ft (0.147 ac)

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

Year Built1949

Property ClassRESIDENTIAL

OwnerD HILL & K KELLY

Assessed Value$477,700

Land Value$207,000

Building Value$270,700

Annual Tax$7,317

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

15 permits on record since 2017 · $162K total declared value · Most recent: Apr 2026 (res)

ResApr 2026Closed

Warners Stellian Co Inc

ResJan 2026Closed

FIRESIDE HEARTH AND HOME

RemodelJan 2026Final Inspection

$103K

CHE BELLA INTERIORS LLC

ExistresJan 2026Closed

Binder Heating and Air Conditioning Inc

ResDec 2025Closed

Weld and Sons 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 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
5544 NEWTON AVE S MINNEAPOLIS MN 55419	A RUBENSTEIN & R RUBENSTEIN	RESIDENTIAL	$374,800	49 ft
5536 NEWTON AVE S MINNEAPOLIS MN 55419	A L HASLERUD & J W HASLERUD	RESIDENTIAL	$389,900	50 ft
5532 NEWTON AVE S MINNEAPOLIS MN 55419	CAROLYN L WALL	RESIDENTIAL	$398,100	100 ft
5541 OLIVER AVE S MINNEAPOLIS MN 55419	EMILIO C GENIS	RESIDENTIAL-TWO UNIT	$435,800	142 ft
5547 OLIVER AVE S MINNEAPOLIS MN 55419	5547 OLIVER LLC	RESIDENTIAL-TWO UNIT	$499,100	148 ft
5528 NEWTON AVE S MINNEAPOLIS MN 55419	KEVIN D MILNE	RESIDENTIAL	$422,200	150 ft
5535 OLIVER AVE S MINNEAPOLIS MN 55419	AMANDA THOMAS ET AL	RESIDENTIAL-TWO UNIT	$507,400	160 ft
5600 NEWTON AVE S MINNEAPOLIS MN 55419	J M LONG & M M LONG	RESIDENTIAL	$817,000	162 ft
5541 NEWTON AVE S MINNEAPOLIS MN 55419	BRIAN SCHAFFER	RESIDENTIAL	$431,000	187 ft
5545 NEWTON AVE S MINNEAPOLIS MN 55419	MATTHEW D & MAUREEN E STOESZ	RESIDENTIAL	$432,100	194 ft

Property History

Most Recent Sale

Date202309

Price$530,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,317