5748 1ST AVE S MINNEAPOLIS MN 55419

PID: 2202824130157

Property Overview

Parcel ID2202824130157

Lot Size5,059 sq ft (0.116 ac)

Lot Dimensions (est.)126 ft wide × 40 ft deep

Year Built1930

Property ClassRESIDENTIAL

OwnerLORI ANN HELMEN

Assessed Value$340,700

Land Value$146,000

Building Value$194,700

Annual Tax$5,237

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

4 permits on record since 2017 · $7K total declared value · Most recent: Jan 2026 (existres)

ExistresJan 2026Closed

Hero Home Services LLC

ResMar 2023Closed

ECOWATER

ResFeb 2021Closed

CenterPoint Energy Resource Corp

MiscJun 2017Closed

$7K

LAKEWOODS REMODELING INC

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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth86 ft

Area~2,594 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 small multifamily (2–4 units, wood frame) benchmarks for 2,594 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5746 1ST AVE S MINNEAPOLIS MN 55419	JOHN T CURRAN	RESIDENTIAL	$327,700	40 ft
5752 1ST AVE S MINNEAPOLIS MN 55419	ALLISON S LITTLE	RESIDENTIAL	$339,000	40 ft
5742 1ST AVE S MINNEAPOLIS MN 55419	M R KROULIK & R REINFELD	RESIDENTIAL	$280,600	80 ft
5756 1ST AVE S MINNEAPOLIS MN 55419	N M MASSAHOS/N Z E YATAGHANE	RESIDENTIAL	$265,700	80 ft
5740 1ST AVE S MINNEAPOLIS MN 55419	MARK BREILAND	RESIDENTIAL	$243,400	120 ft
5749 NICOLLET AVE MINNEAPOLIS MN 55419	B BROTHERS PROP LLC LLC	COMMERCIAL-PREFERRED	$217,000	140 ft
5747 NICOLLET AVE MINNEAPOLIS MN 55419	KYLE BARZEN-HANSON	RESIDENTIAL	$291,500	145 ft
6 58TH ST E MINNEAPOLIS MN 55419	THOMAS R HAAS	COMMERCIAL-PREFERRED	$397,000	153 ft
5736 1ST AVE S MINNEAPOLIS MN 55419	JASON R ASTLEFORD	RESIDENTIAL	$259,000	160 ft
5737 NICOLLET AVE MINNEAPOLIS MN 55419	JON P & PAGE E QUIST	RESIDENTIAL	$256,700	172 ft

Property History

Most Recent Sale

Date199211

Price$87,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$5,237