5524 STEVENS AVE MINNEAPOLIS MN 55419

PID: 2202824120118

Property Overview

Parcel ID2202824120118

Lot Size5,755 sq ft (0.132 ac)

Lot Dimensions (est.)128 ft wide × 45 ft deep

Year Built1930

Property ClassRESIDENTIAL

OwnerM L KRAFT/KELLY SUSAN KRAFT

Assessed Value$338,800

Land Value$122,000

Building Value$216,800

Annual Tax$5,000

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

3 permits on record since 2017 · $13K total declared value · Most recent: Aug 2022 (misc)

MiscAug 2022Closed

$3K

A-TEAM CONSTRUCTION INC

ExistresMay 2021Closed

CENTERPOINT ENERGY

MiscNov 2017Closed

$10K

HOME PRO AMERICA LLC

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

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 width35 ft

Buildable depth88 ft

Area~3,075 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 3,075 sqft buildable area.

Est. units

Yield on cost

2.4%

Spread

-3.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5520 STEVENS AVE MINNEAPOLIS MN 55419	GREGORY J KROTH TRUST ET AL	RESIDENTIAL	$294,000	45 ft
5528 STEVENS AVE MINNEAPOLIS MN 55419	LEANNE M RADOSEVICH	RESIDENTIAL	$235,000	45 ft
5532 STEVENS AVE MINNEAPOLIS MN 55419	JONATHAN U BERTRAM	RESIDENTIAL	$193,000	89 ft
5516 STEVENS AVE MINNEAPOLIS MN 55419	DAVID A FREY	RESIDENTIAL	$263,000	90 ft
5514 STEVENS AVE MINNEAPOLIS MN 55419	ERICA I ODEGARD	RESIDENTIAL	$284,600	135 ft
5525 1ST AVE S MINNEAPOLIS MN 55419	JONATHAN DAVID SHELVER	RESIDENTIAL	$586,400	141 ft
5538 STEVENS AVE MINNEAPOLIS MN 55419	MICHAEL MUMMAH/KERRY MUMMAH	RESIDENTIAL	$308,500	142 ft
5521 1ST AVE S MINNEAPOLIS MN 55419	K M MONTES & M C MONTES	RESIDENTIAL-TWO UNIT	$419,000	148 ft
5529 1ST AVE S MINNEAPOLIS MN 55419	MICHAEL WALKER & KARI WALKER	RESIDENTIAL	$391,100	149 ft
5517 1ST AVE S MINNEAPOLIS MN 55419	KATHY R & THOMAS P DAVISON	RESIDENTIAL	$449,700	167 ft

Property History

Most Recent Sale

Date201510

Price$214,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,000