130 DIAMOND LAKE RD W MINNEAPOLIS MN 55419

PID: 2202824210079

Property Overview

Parcel ID2202824210079

Lot Size8,039 sq ft (0.185 ac)

Lot Dimensions (est.)49 ft wide × 164 ft deep

Year Built1932

Property ClassRESIDENTIAL

OwnerA C BOARMAN & T BOARMAN

Assessed Value$549,000

Land Value$218,000

Building Value$331,000

Annual Tax$8,762

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 2018 · $20K total declared value · Most recent: Oct 2018 (misc)

MiscOct 2018Closed

$20K

CROSSROAD CONSTRUCTION INC

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

Neighborhood Profile

Tangletown · 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 width40 ft

Buildable depth121 ft

Area~4,799 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 4,799 sqft buildable area.

Est. units

Yield on cost

2.2%

Spread

-3.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
134 DIAMOND LAKE RD W MINNEAPOLIS MN 55419	BRUCE M RIVERS	RESIDENTIAL	$555,500	50 ft
124 DIAMOND LAKE RD W MINNEAPOLIS MN 55419	LAVERNE M CAIN	RESIDENTIAL	$498,600	66 ft
140 DIAMOND LAKE RD W MINNEAPOLIS MN 55419	CHARLES L MAY	RESIDENTIAL	$485,700	102 ft
120 DIAMOND LAKE RD W MINNEAPOLIS MN 55419	NATHALIA DIERCKS	RESIDENTIAL	$531,800	128 ft
144 DIAMOND LAKE RD W MINNEAPOLIS MN 55419	C L ERICKSON & D D MARFIELD	RESIDENTIAL	$438,000	151 ft
131 W MINNEHAHA PKWY MINNEAPOLIS MN 55419	M B ABELN & M L LITTLE	RESIDENTIAL	$1,158,200	175 ft
116 DIAMOND LAKE RD W MINNEAPOLIS MN 55419	REBECA/JOSEPH SLAPNICHER JR	RESIDENTIAL	$475,100	178 ft
201 W MINNEHAHA PKWY MINNEAPOLIS MN 55419	J ROEMHILDT & C ROEMHILDT	RESIDENTIAL-TWO UNIT	$775,100	186 ft
5400 WENTWORTH AVE MINNEAPOLIS MN 55419	K H & L J KECK	RESIDENTIAL	$351,800	189 ft
125 W MINNEHAHA PKWY MINNEAPOLIS MN 55419	T J HOGAN & S C SLATER	RESIDENTIAL	$1,051,400	193 ft

Property History

Most Recent Sale

Date200409

Price$187,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,762