5640 PILLSBURY AVE MINNEAPOLIS MN 55419

PID: 2202824240141

Property Overview

Parcel ID2202824240141

Lot Size5,138 sq ft (0.118 ac)

Lot Dimensions (est.)128 ft wide × 40 ft deep

Year Built1932

Property ClassRESIDENTIAL

OwnerTIMOTHY M OLSON

Assessed Value$397,600

Land Value$157,000

Building Value$240,600

Annual Tax$5,981

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

6 permits on record since 2003 · $157K total declared value · Most recent: Mar 2021 (res)

ResMar 2021Closed

CenterPoint Energy Resource Corp

ResMar 2020Closed

Warners Stellian Co Inc

ResFeb 2020Closed

Riverside Mechanical Inc

MiscJun 2019Closed

$7K

INCLINE EXTERIORS

ExistresFeb 2019Closed

Midland HVAC LLC

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

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 width30 ft

Buildable depth88 ft

Area~2,653 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 2,653 sqft buildable area.

Est. units

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5636 PILLSBURY AVE MINNEAPOLIS MN 55419	J D SMRCKA & J L SMRCKA	RESIDENTIAL	$409,900	40 ft
5644 PILLSBURY AVE MINNEAPOLIS MN 55419	MICHAEL GLOSS/DIANA GLOSS	RESIDENTIAL	$498,500	40 ft
5632 PILLSBURY AVE MINNEAPOLIS MN 55419	T & M BASKERVILLE	RESIDENTIAL	$336,000	80 ft
5648 PILLSBURY AVE MINNEAPOLIS MN 55419	YELENA MIRONOVA-CHIN	RESIDENTIAL	$445,900	80 ft
5628 PILLSBURY AVE MINNEAPOLIS MN 55419	THEODORE A KONDRAK JR	RESIDENTIAL	$298,000	120 ft
5652 PILLSBURY AVE MINNEAPOLIS MN 55419	SCOTT DARYLL CADY	RESIDENTIAL	$361,700	120 ft
5641 PLEASANT AVE MINNEAPOLIS MN 55419	RUSSELL BAKER	RESIDENTIAL	$403,200	142 ft
5637 PLEASANT AVE MINNEAPOLIS MN 55419	CYNTHIA MCINTIRE ET AL	RESIDENTIAL	$512,500	147 ft
5645 PLEASANT AVE MINNEAPOLIS MN 55419	ERIK D GRONBERG & M E RYDEEN	RESIDENTIAL	$360,300	148 ft
5624 PILLSBURY AVE MINNEAPOLIS MN 55419	SARAH M HAGEMANN	RESIDENTIAL	$418,500	160 ft

Property History

Most Recent Sale

Date201005

Price$224,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,981