214 DIAMOND LAKE RD W MINNEAPOLIS MN 55419

PID: 2202824210073

Property Overview

Parcel ID2202824210073

Lot Size9,703 sq ft (0.223 ac)

Lot Dimensions (est.)65 ft wide × 150 ft deep

Year Built1984

Property ClassRESIDENTIAL

OwnerP J & R E FRENZ

Assessed Value$577,100

Land Value$233,000

Building Value$344,100

Annual Tax$9,170

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

No permits found in Minneapolis open data for this parcel.

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 width56 ft

Buildable depth107 ft

Area~5,990 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 5,990 sqft buildable area.

Est. units

Yield on cost

2.4%

Spread

-3.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
218 DIAMOND LAKE RD W MINNEAPOLIS MN 55419	D A NORDENSON/N J NORDENSON	RESIDENTIAL	$474,600	58 ft
210 DIAMOND LAKE RD W MINNEAPOLIS MN 55419	MARY JOY FAIST	RESIDENTIAL	$640,500	70 ft
5353 PLEASANT AVE MINNEAPOLIS MN 55419	ALEX C SCHILLINGER	RESIDENTIAL	$480,800	114 ft
5345 PLEASANT AVE MINNEAPOLIS MN 55419	ZACH LEGEIN	RESIDENTIAL	$599,200	140 ft
200 DIAMOND LAKE RD W MINNEAPOLIS MN 55419	KATHLEEN P ROSS	RESIDENTIAL	$677,300	156 ft
221 W MINNEHAHA PKWY MINNEAPOLIS MN 55419	HUFENDICK REV LIV TRUST	RESIDENTIAL	$1,318,000	174 ft
5401 PLEASANT AVE MINNEAPOLIS MN 55419	GALINA MILMAN	RESIDENTIAL-TWO UNIT	$669,400	174 ft
5339 PLEASANT AVE MINNEAPOLIS MN 55419	DANIEL R & SARAH C KLEIN	RESIDENTIAL	$732,800	186 ft
5407 PLEASANT AVE MINNEAPOLIS MN 55419	KRISTIN PIPPIN LIVING TRUST	RESIDENTIAL	$476,200	216 ft
219 W MINNEHAHA PKWY MINNEAPOLIS MN 55419	STEVEN & MOLLY KENNEY TRUST	RESIDENTIAL	$928,800	220 ft

Property History

Most Recent Sale

Date198405

Price$24,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$9,170