5539 BLAISDELL AVE MINNEAPOLIS MN 55419

PID: 2202824210124

Property Overview

Parcel ID2202824210124

Lot Size10,334 sq ft (0.237 ac)

Lot Dimensions (est.)127 ft wide × 81 ft deep

Year Built1948

Property ClassRESIDENTIAL

OwnerJ & P PETERSON

Assessed Value$386,500

Land Value$207,000

Building Value$179,500

Annual Tax$5,795

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

2 permits on record since 2019 · $8K total declared value · Most recent: Mar 2021 (res)

ResMar 2021Closed

CenterPoint Energy Resource Corp

MiscSep 2019Closed

$8K

ROOFS-R-US

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 width71 ft

Buildable depth88 ft

Area~6,214 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 6,214 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5533 BLAISDELL AVE MINNEAPOLIS MN 55419	D C FEIT & M A KLIS REV TRST	RESIDENTIAL	$427,300	61 ft
5543 BLAISDELL AVE MINNEAPOLIS MN 55419	M A MUELLER & B T DEREMER	RESIDENTIAL	$402,500	69 ft
5529 BLAISDELL AVE MINNEAPOLIS MN 55419	ERIC M KOZAR	RESIDENTIAL	$326,700	101 ft
5549 BLAISDELL AVE MINNEAPOLIS MN 55419	CINTHIA W SISSON	RESIDENTIAL	$408,100	118 ft
5536 NICOLLET AVE MINNEAPOLIS MN 55419	ANNA RAUDENBUSH	CONDOMINIUM	$122,000	128 ft
5536 NICOLLET AVE MINNEAPOLIS MN 55419	REBECCA KOTTKE	CONDOMINIUM	$122,000	128 ft
5536 NICOLLET AVE MINNEAPOLIS MN 55419	HALEN BOWER	CONDOMINIUM	$123,000	128 ft
5536 NICOLLET AVE MINNEAPOLIS MN 55419	ALYSSA M EHNI	CONDOMINIUM	$139,000	128 ft
5536 NICOLLET AVE MINNEAPOLIS MN 55419	5536 NICOLLET LLC	CONDOMINIUM	$118,000	128 ft
MN	Unknown	—	—	128 ft

Property History

Current Tax Year

Year2026

Tax Due$5,795