5859 BLAISDELL AVE MINNEAPOLIS MN 55419

PID: 2202824310060

Property Overview

Parcel ID2202824310060

Lot Size6,415 sq ft (0.147 ac)

Lot Dimensions (est.)128 ft wide × 50 ft deep

Year Built1999

Property ClassRESIDENTIAL-TWO UNIT

OwnerPAUL T ENGSTROM

Assessed Value$497,800

Land Value$170,000

Building Value$327,800

Annual Tax$9,493

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 2024 · Most recent: Nov 2024 (existres)

ExistresNov 2024Inspection

Binder Heating and Air Conditioning Inc

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

Neighborhood Profile

Windom · Minneapolis

Median reported rent1,284/mo

Renter-occupied43.4%

Median home value$373K

Vacancy rate7.4%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 120.03

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~3,530 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 3,530 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
5853 BLAISDELL AVE MINNEAPOLIS MN 55419	WEST EDGE INVESTMENTS LLC	RESIDENTIAL-TWO UNIT	$498,900	50 ft
5861 BLAISDELL AVE MINNEAPOLIS MN 55419	JERAD LANG & JERALD LANG	RESIDENTIAL-TWO UNIT	$522,000	57 ft
5849 BLAISDELL AVE MINNEAPOLIS MN 55419	WEST EDGE INVESTMENTS LLC	RESIDENTIAL-TWO UNIT	$499,100	100 ft
5908 NICOLLET AVE MINNEAPOLIS MN 55419	J S SANMARTIN/E CAMPOVERDE	RESIDENTIAL-TWO UNIT	$333,100	142 ft
5845 BLAISDELL AVE MINNEAPOLIS MN 55419	J PECKHAM & J DANIELS	RESIDENTIAL-TWO UNIT	$347,100	145 ft
100 59TH ST W MINNEAPOLIS MN 55419	JOAN SUZANNE NAESETH	RESIDENTIAL	$319,200	149 ft
5904 NICOLLET AVE MINNEAPOLIS MN 55419	J E THIMMESH & M A LEE	RESIDENTIAL-TWO UNIT	$325,700	151 ft
5912 NICOLLET AVE MINNEAPOLIS MN 55419	B D SCALF & C E SCALF	RESIDENTIAL-TWO UNIT	$387,800	152 ft
5900 NICOLLET AVE MINNEAPOLIS MN 55419	HAAG PROPERTIES LLC	RESIDENTIAL-TWO UNIT	$392,900	174 ft
5843 BLAISDELL AVE MINNEAPOLIS MN 55419	CHERYL B LEMKE	RESIDENTIAL-ZERO LOT LINE	$116,100	175 ft

Property History

Most Recent Sale

Date199203

Price$17,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$9,493