5725 NICOLLET AVE MINNEAPOLIS MN 55419

PID: 2202824130166

Property Overview

Parcel ID2202824130166

Lot Size5,058 sq ft (0.116 ac)

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

Year Built1966

Property ClassRESIDENTIAL-TWO UNIT

OwnerBIRCH MILL PROPERTIES LLC

Assessed Value$442,600

Land Value$113,000

Building Value$329,600

Annual Tax$8,373

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2018 · $21K total declared value · Most recent: Nov 2021 (existres)

ExistresNov 2021Closed

STERN HEATING AND COOLING INC

ResNov 2019Closed

Warners Stellian Co Inc

MiscJul 2019Closed

$893

CREW2 INC

ExistresApr 2019Closed

Airic's Heating & Air Conditioning Inc

MiscJun 2018Closed

$20K

SUPER SIDERS

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

RM1Residence Goods and Services

Residential Mixed-Use 1 — low-density mixed residential

Typical Uses

·Apartments
·Townhomes
·Neighborhood-scale retail on ground floor

Max Height45 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth86 ft

Area~2,593 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 2,593 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5729 NICOLLET AVE MINNEAPOLIS MN 55419	A W ROSELL & J N ROSELL	RESIDENTIAL	$318,000	40 ft
5721 NICOLLET AVE MINNEAPOLIS MN 55419	NGDGR COMPANY INC	RESIDENTIAL	$262,800	40 ft
5733 NICOLLET AVE MINNEAPOLIS MN 55419	EVELIA GALINDO-CORTEZ	RESIDENTIAL	$173,000	80 ft
5717 NICOLLET AVE MINNEAPOLIS MN 55419	KELSEY HEALD	RESIDENTIAL	$255,600	80 ft
5715 NICOLLET AVE MINNEAPOLIS MN 55419	ON CHAN & CHANTHAVILAY CHAN	RESIDENTIAL	$346,300	131 ft
5724 1ST AVE S MINNEAPOLIS MN 55419	V P BARRETT & L P BARRETT	RESIDENTIAL	$431,100	140 ft
5737 NICOLLET AVE MINNEAPOLIS MN 55419	JON P & PAGE E QUIST	RESIDENTIAL	$256,700	140 ft
5728 1ST AVE S MINNEAPOLIS MN 55419	J T LEDESMA & R Z PACHECO	RESIDENTIAL	$306,000	145 ft
5720 1ST AVE S MINNEAPOLIS MN 55419	TATE N FESTE & E BERIT FESTE	RESIDENTIAL	$464,700	146 ft
5736 1ST AVE S MINNEAPOLIS MN 55419	JASON R ASTLEFORD	RESIDENTIAL	$259,000	161 ft

Property History

Most Recent Sale

Date202103

Price$425,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,373