5517 BLAISDELL AVE MINNEAPOLIS MN 55419

PID: 2202824210127

Property Overview

Parcel ID2202824210127

Lot Size6,379 sq ft (0.146 ac)

Lot Dimensions (est.)127 ft wide × 50 ft deep

Year Built1948

Property ClassRESIDENTIAL

OwnerB SHEPLEY & E SHEPLEY

Assessed Value$341,000

Land Value$169,000

Building Value$172,000

Annual Tax$5,036

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 2021 · Most recent: Mar 2021 (res)

ResMar 2021Closed

CenterPoint Energy Resource Corp

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 width40 ft

Buildable depth88 ft

Area~3,502 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 3,502 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5525 BLAISDELL AVE MINNEAPOLIS MN 55419	RENITA FAYE	RESIDENTIAL	$440,900	50 ft
5513 BLAISDELL AVE MINNEAPOLIS MN 55419	TAMMY CAROLINE BEUTHIEN	RESIDENTIAL	$348,500	50 ft
5529 BLAISDELL AVE MINNEAPOLIS MN 55419	ERIC M KOZAR	RESIDENTIAL	$326,700	96 ft
5509 BLAISDELL AVE MINNEAPOLIS MN 55419	JUDITH M LANGFORD	RESIDENTIAL	$320,600	100 ft
5516 NICOLLET AVE MINNEAPOLIS MN 55419	JOHN R BRANDEL	APARTMENT	$581,500	127 ft
5524 NICOLLET AVE MINNEAPOLIS MN 55419	KIANDIA LLC	COMMERCIAL-PREFERRED	$365,600	136 ft
5533 BLAISDELL AVE MINNEAPOLIS MN 55419	D C FEIT & M A KLIS REV TRST	RESIDENTIAL	$427,300	137 ft
5512 NICOLLET AVE MINNEAPOLIS MN 55419	MADELEINE/BODINE FIN ASSOC	APARTMENT	$581,500	137 ft
5528 NICOLLET AVE MINNEAPOLIS MN 55419	ZACHARY WALEN & ANNE WALEN	RESIDENTIAL	$311,800	161 ft
5508 NICOLLET AVE MINNEAPOLIS MN 55419	MATTHEW J BERSCHEID	APARTMENT	$581,500	162 ft

Property History

Most Recent Sale

Date202104

Price$259,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,036