5501 1ST AVE S MINNEAPOLIS MN 55419

PID: 2202824120007

Property Overview

Parcel ID2202824120007

Lot Size5,117 sq ft (0.117 ac)

Lot Dimensions (est.)128 ft wide × 40 ft deep

Year Built1946

Property ClassRESIDENTIAL

OwnerKHALIF JAMA & MARIAN SAID

Assessed Value$418,400

Land Value$146,000

Building Value$272,400

Annual Tax$6,328

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Windom · Minneapolis

Median reported rent1,486/mo

Renter-occupied21.5%

Median home value$519K

Vacancy rate7.9%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1115

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 width30 ft

Buildable depth88 ft

Area~2,637 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 2,637 sqft buildable area.

Est. units

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5505 1ST AVE S MINNEAPOLIS MN 55419	M BUITRAGO & JULIANA SALOMAO	RESIDENTIAL	$278,800	40 ft
5449 1ST AVE S MINNEAPOLIS MN 55419	P C & M M VISCARRA	RESIDENTIAL	$357,300	40 ft
5509 1ST AVE S MINNEAPOLIS MN 55419	KIMBERLY MILLER	RESIDENTIAL	$241,000	80 ft
5445 1ST AVE S MINNEAPOLIS MN 55419	M R HASKIN/D R HASKIN ET AL	RESIDENTIAL	$246,900	80 ft
101 DIAMOND LAKE RD E MINNEAPOLIS MN 55419	FRANCES K OLSON	RESIDENTIAL	$169,000	117 ft
5515 1ST AVE S MINNEAPOLIS MN 55419	LARRY LYLE LUNDERBY	RESIDENTIAL	$356,500	123 ft
5500 STEVENS AVE MINNEAPOLIS MN 55419	THE MUSEUM OF RUSSIAN ART	COMMERCIAL-PREFERRED	$0	146 ft
5506 STEVENS AVE MINNEAPOLIS MN 55419	T H JOHNSON & C S WHALEN	RESIDENTIAL	$311,400	147 ft
5508 STEVENS AVE MINNEAPOLIS MN 55419	JOHN A SHEPARDSON ET AL	RESIDENTIAL	$172,000	162 ft
5517 1ST AVE S MINNEAPOLIS MN 55419	KATHY R & THOMAS P DAVISON	RESIDENTIAL	$449,700	167 ft

Property History

Most Recent Sale

Date202109

Price$355,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,328