5548 GARFIELD AVE MINNEAPOLIS MN 55419

PID: 2202824220097

Property Overview

Parcel ID2202824220097

Lot Size6,261 sq ft (0.144 ac)

Lot Dimensions (est.)125 ft wide × 50 ft deep

Year Built1951

Property ClassRESIDENTIAL

OwnerRENADA R RUTMANIS

Assessed Value$335,900

Land Value$169,000

Building Value$166,900

Annual Tax$4,952

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2018 · $35K total declared value · Most recent: Sep 2023 (misc)

MiscSep 2023Closed

$14K

eRoof LLC

RemodelJun 2023Closed

$10K

HOGLUND HOME IMPROVEMENT

ExistresJun 2023Closed

Binder Heating and Air Conditioning Inc

ResJun 2023Closed

Patricki Plumbing LLC

MiscMay 2023Closed

$5K

Innovative Basement Authority

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 depth85 ft

Area~3,407 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 3,407 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5544 GARFIELD AVE MINNEAPOLIS MN 55419	PHILIP J SMITH/HEIDI M SMITH	RESIDENTIAL	$380,300	50 ft
5552 GARFIELD AVE MINNEAPOLIS MN 55419	TINA M HAAPALA REV LIV TRUST	RESIDENTIAL-TWO UNIT	$446,700	50 ft
5540 GARFIELD AVE MINNEAPOLIS MN 55419	WILLIAM F KOCH	RESIDENTIAL	$337,100	100 ft
5547 LYNDALE AVE S MINNEAPOLIS MN 55419	CAREVIEW HOME INC	VACANT LAND-APARTMENT	$0	125 ft
5536 GARFIELD AVE MINNEAPOLIS MN 55419	KRIS ANN HERBERG	RESIDENTIAL	$352,000	150 ft
5600 GARFIELD AVE MINNEAPOLIS MN 55419	CHARLES KRETCHMAN	RESIDENTIAL-TWO UNIT	$452,100	158 ft
5543 GARFIELD AVE MINNEAPOLIS MN 55419	DERWIN HALIM/RACHEL BIRKEDAL	RESIDENTIAL-TWO UNIT	$419,200	186 ft
5547 GARFIELD AVE MINNEAPOLIS MN 55419	ERIK CATT & KRISTIN CATT	RESIDENTIAL-TWO UNIT	$486,600	192 ft
5539 GARFIELD AVE MINNEAPOLIS MN 55419	PETER W ANDERSON	RESIDENTIAL	$356,700	193 ft
5532 GARFIELD AVE MINNEAPOLIS MN 55419	MARK G SCHERMERHORN	RESIDENTIAL	$311,900	200 ft

Property History

Most Recent Sale

Date201410

Price$206,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,952