101 59TH ST W MINNEAPOLIS MN 55419

PID: 2202824310089

Property Overview

Parcel ID2202824310089

Lot Size5,544 sq ft (0.127 ac)

Lot Dimensions (est.)44 ft wide × 126 ft deep

Year Built1949

Property ClassRESIDENTIAL

OwnerBOBBY COLBERT

Assessed Value$277,100

Land Value$139,000

Building Value$138,100

Annual Tax$4,073

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 2021 · $17K total declared value · Most recent: Nov 2024 (misc)

MiscNov 2024Inspection

$17K

MINNESOTA EXTERIORS INC

ExistresOct 2021Closed

CENTERPOINT ENERGY

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 width29 ft

Buildable depth102 ft

Area~2,925 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 2,925 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
105 59TH ST W MINNEAPOLIS MN 55419	BRADY NIEMAN	RESIDENTIAL	$294,000	43 ft
29 59TH ST W MINNEAPOLIS MN 55419	WILLIE B WILLIS	RESIDENTIAL	$307,000	44 ft
109 59TH ST W MINNEAPOLIS MN 55419	RAMNAUTH KHUBLALL/R KHUBLALL	RESIDENTIAL	$290,400	87 ft
25 59TH ST W MINNEAPOLIS MN 55419	MURAD ELNAGDY	RESIDENTIAL	$383,600	88 ft
113 59TH ST W MINNEAPOLIS MN 55419	CITY OF LAKES COMM LAND TRST	—	$315,800	131 ft
19 59TH ST W MINNEAPOLIS MN 55419	AIMEE TRIANA	RESIDENTIAL	$361,900	132 ft
117 59TH ST W MINNEAPOLIS MN 55419	SANDRA SCHMIDT/DAVID THAMES	RESIDENTIAL	$261,400	174 ft
15 59TH ST W MINNEAPOLIS MN 55419	HENNEPIN RP FUNDING LLC	RESIDENTIAL	$357,000	175 ft
100 59TH ST W MINNEAPOLIS MN 55419	JOAN SUZANNE NAESETH	RESIDENTIAL	$319,200	176 ft
104 59TH ST W MINNEAPOLIS MN 55419	LUIS ORTIZ & EMILY PEDERSON	RESIDENTIAL	$330,700	184 ft

Property History

Most Recent Sale

Date199707

Price$111,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,073