5717 2ND AVE S MINNEAPOLIS MN 55419

PID: 2202824130056

Property Overview

Parcel ID2202824130056

Lot Size6,253 sq ft (0.144 ac)

Lot Dimensions (est.)128 ft wide × 49 ft deep

Year Built1937

Property ClassRESIDENTIAL

OwnerWILLIAM R & REBECCA L LOUK

Assessed Value$358,500

Land Value$105,000

Building Value$253,500

Annual Tax$5,329

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 2019 · $11K total declared value · Most recent: Dec 2020 (remodel)

RemodelDec 2020Closed

$7K

Wolf River Electric

MiscJun 2019Closed

$4K

POLAR BUILDERS INC

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 width39 ft

Buildable depth88 ft

Area~3,418 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 3,418 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
5721 2ND AVE S MINNEAPOLIS MN 55419	GRETCHEN J GROMATKA	RESIDENTIAL	$314,000	49 ft
5715 2ND AVE S MINNEAPOLIS MN 55419	RONALD R MOODY REVOCABLE TR	RESIDENTIAL	$441,000	50 ft
5725 2ND AVE S MINNEAPOLIS MN 55419	KEVIN MORAN	RESIDENTIAL	$334,600	98 ft
5709 2ND AVE S MINNEAPOLIS MN 55419	NICKOLAI D PLATTES	RESIDENTIAL	$318,100	100 ft
5729 2ND AVE S MINNEAPOLIS MN 55419	TIMOTHY ROSER & HANNAH BARTZ	RESIDENTIAL	$349,200	147 ft
5701 2ND AVE S MINNEAPOLIS MN 55419	JULIE ZWILLING	RESIDENTIAL	$341,100	151 ft
5731 2ND AVE S MINNEAPOLIS MN 55419	ALAINA S RAMIREZ	RESIDENTIAL	$310,400	196 ft
5651 2ND AVE S MINNEAPOLIS MN 55419	CAROL A KIMMES	RESIDENTIAL	$290,200	202 ft
5712 CLINTON AVE MINNEAPOLIS MN 55419	MORLEY M MATHEWSON JR ET AL	RESIDENTIAL	$782,000	203 ft
5716 CLINTON AVE MINNEAPOLIS MN 55419	SUSAN ECKSTROM	RESIDENTIAL-TWO UNIT	$622,600	212 ft

Property History

Most Recent Sale

Date199706

Price$83,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,329