5753 2ND AVE S MINNEAPOLIS MN 55419

PID: 2202824130065

Property Overview

Parcel ID2202824130065

Lot Size5,407 sq ft (0.124 ac)

Lot Dimensions (est.)128 ft wide × 42 ft deep

Year Built1926

Property ClassRESIDENTIAL

OwnerK STRICKLAND & A STRICKLAND

Assessed Value$356,500

Land Value$98,000

Building Value$258,500

Annual Tax$5,295

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 · Most recent: Jan 2025 (res)

ResJan 2025Closed

CenterPoint Energy Resource Corp

ExistresJun 2019Closed

Standard Heating and Air Conditioning 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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width115 ft

Buildable depth2 ft

Area~2,573 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 2,573 sqft buildable area.

Est. units

Yield on cost

2.9%

Spread

-2.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5749 2ND AVE S MINNEAPOLIS MN 55419	ELLIOTT SCOTT FOSS	RESIDENTIAL	$278,200	42 ft
5745 2ND AVE S MINNEAPOLIS MN 55419	CONNIE MARIE WRIGHT	RESIDENTIAL	$308,100	85 ft
214 58TH ST E MINNEAPOLIS MN 55419	MICHAEL O'LEARY	RESIDENTIAL	$324,100	126 ft
5741 2ND AVE S MINNEAPOLIS MN 55419	MORGAN MOSELEY	RESIDENTIAL	$368,700	127 ft
218 58TH ST E MINNEAPOLIS MN 55419	TANNER ROSS QUAMMEN	RESIDENTIAL	$373,200	162 ft
203 58TH ST E MINNEAPOLIS MN 55419	MATTHEW BORRMAN	RESIDENTIAL	$299,600	163 ft
5737 2ND AVE S MINNEAPOLIS MN 55419	SHERRY J FAGIN TRUSTEE	RESIDENTIAL	$321,800	170 ft
201 58TH ST E MINNEAPOLIS MN 55419	JOHN B ORR & BRIDGET M ORR	RESIDENTIAL	$281,600	174 ft
222 58TH ST E MINNEAPOLIS MN 55419	JAMES W DUWENHOEGGER ET AL	RESIDENTIAL	$420,100	200 ft
209 58TH ST E MINNEAPOLIS MN 55419	SHARON LEE LEIGHTON	RESIDENTIAL	$348,100	207 ft

Property History

Most Recent Sale

Date201605

Price$302,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,295