5633 1ST AVE S MINNEAPOLIS MN 55419

PID: 2202824130068

Property Overview

Parcel ID2202824130068

Lot Size5,719 sq ft (0.131 ac)

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

Year Built1928

Property ClassRESIDENTIAL

OwnerR W & M A GRONLUND

Assessed Value$302,200

Land Value$155,000

Building Value$147,200

Annual Tax$4,389

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

1 permit on record since 2022 · Most recent: May 2022 (res)

ResMay 2022Closed

CenterPoint Energy Resource Corp

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

Neighborhood Profile

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 depth87 ft

Area~3,050 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 3,050 sqft buildable area.

Est. units

Yield on cost

2.3%

Spread

-3.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5629 1ST AVE S MINNEAPOLIS MN 55419	STEFAN J MILLEA	RESIDENTIAL	$354,200	45 ft
5637 1ST AVE S MINNEAPOLIS MN 55419	J D SMRCKA & J L SMRCKA	RESIDENTIAL	$289,600	45 ft
5621 1ST AVE S MINNEAPOLIS MN 55419	JACLYN SIEPKER/TONY SIEPKER	RESIDENTIAL	$391,900	87 ft
5641 1ST AVE S MINNEAPOLIS MN 55419	MARTHA ELAINE PARSONS	RESIDENTIAL	$479,400	89 ft
5617 1ST AVE S MINNEAPOLIS MN 55419	LESLEY STENZEL	RESIDENTIAL	$254,500	127 ft
5645 1ST AVE S MINNEAPOLIS MN 55419	JACOB SHEEHAN & HALEY HENRY	RESIDENTIAL	$437,100	134 ft
5628 STEVENS AVE MINNEAPOLIS MN 55419	MAX I GINSBERG ET AL	RESIDENTIAL	$374,300	142 ft
5632 STEVENS AVE MINNEAPOLIS MN 55419	E P FRIES & W W JOHNSON	RESIDENTIAL	$287,800	148 ft
5624 STEVENS AVE MINNEAPOLIS MN 55419	BECKY A MARKKANEN	RESIDENTIAL	$302,800	149 ft
5620 STEVENS AVE MINNEAPOLIS MN 55419	MADISON ZEPNICK	RESIDENTIAL	$355,200	166 ft

Property History

Most Recent Sale

Date198602

Price$61,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,389