5651 2ND AVE S MINNEAPOLIS MN 55419

PID: 2202824130052

Property Overview

Parcel ID2202824130052

Lot Size6,400 sq ft (0.147 ac)

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

Year Built1925

Property ClassRESIDENTIAL

OwnerCAROL A KIMMES

Assessed Value$290,200

Land Value$105,000

Building Value$185,200

Annual Tax$4,190

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

2 permits on record since 2021 · $12K total declared value · Most recent: Oct 2022 (existres)

ExistresOct 2022Closed

GV Heating and Air Inc

MiscMay 2021Closed

$12K

WALKER ROOFING CO

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

Neighborhood Profile

Diamond Lake · Minneapolis

Median reported rent1,284/mo

Renter-occupied43.4%

Median home value$373K

Vacancy rate7.4%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 120.03

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~3,518 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 3,518 sqft buildable area.

Est. units

Yield on cost

2.2%

Spread

-3.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5701 2ND AVE S MINNEAPOLIS MN 55419	JULIE ZWILLING	RESIDENTIAL	$341,100	50 ft
5645 2ND AVE S MINNEAPOLIS MN 55419	J E VIDMAR & J R DOYLE JR	RESIDENTIAL	$329,100	55 ft
5709 2ND AVE S MINNEAPOLIS MN 55419	NICKOLAI D PLATTES	RESIDENTIAL	$318,100	101 ft
5641 2ND AVE S MINNEAPOLIS MN 55419	T C PATRICK & C L RUSSELL	RESIDENTIAL	$369,200	109 ft
5715 2ND AVE S MINNEAPOLIS MN 55419	RONALD R MOODY REVOCABLE TR	RESIDENTIAL	$441,000	152 ft
5652 CLINTON AVE MINNEAPOLIS MN 55419	B C WISTROM & C A SIRRINE	RESIDENTIAL	$645,900	157 ft
5639 2ND AVE S MINNEAPOLIS MN 55419	S D WILLIAMS/T D WILLIAMS	RESIDENTIAL	$417,000	160 ft
5644 CLINTON AVE MINNEAPOLIS MN 55419	C F WEISHAAR & J K WEISHAAR	RESIDENTIAL	$557,200	190 ft
5717 2ND AVE S MINNEAPOLIS MN 55419	WILLIAM R & REBECCA L LOUK	RESIDENTIAL	$358,500	202 ft
5712 CLINTON AVE MINNEAPOLIS MN 55419	MORLEY M MATHEWSON JR ET AL	RESIDENTIAL	$782,000	209 ft

Property History

Most Recent Sale

Date198303

Price$61,900

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,190