5925 DIAMOND LAKE LA MINNEAPOLIS MN 55419

PID: 2202824410101

Property Overview

Parcel ID2202824410101

Lot Size7,014 sq ft (0.161 ac)

Lot Dimensions (est.)135 ft wide × 52 ft deep

Year Built1948

Property ClassRESIDENTIAL

OwnerW A & K L SULLIVAN

Assessed Value$555,300

Land Value$197,000

Building Value$358,300

Annual Tax$8,757

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

1 permit on record since 2022 · $20K total declared value · Most recent: Sep 2022 (remodel)

RemodelSep 2022Closed

$20K

Richfield Construction Company LLC

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

Neighborhood Profile

Diamond Lake · 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 width42 ft

Buildable depth95 ft

Area~3,984 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 3,984 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
5929 DIAMOND LAKE LA MINNEAPOLIS MN 55419	C ROERIG & R THIBODEAU	RESIDENTIAL	$389,600	52 ft
5921 DIAMOND LAKE LA MINNEAPOLIS MN 55419	J PASKE & J PASKE-DRISCOLL	RESIDENTIAL	$583,200	52 ft
5917 DIAMOND LAKE LA MINNEAPOLIS MN 55419	MEGAN PAGEL & JORDAN PAGEL	RESIDENTIAL	$430,500	104 ft
5933 DIAMOND LAKE LA MINNEAPOLIS MN 55419	5933 BOGEN LLC	RESIDENTIAL-TWO UNIT	$470,400	107 ft
5926 PORTLAND AVE MINNEAPOLIS MN 55417	C MCDONALD & Y M GARZON	RESIDENTIAL-TWO UNIT	$481,800	149 ft
5920 PORTLAND AVE MINNEAPOLIS MN 55417	ADJUSTABLE RATE MTG TRUST	RESIDENTIAL-TWO UNIT	$440,200	155 ft
5920 DIAMOND LAKE LA MINNEAPOLIS MN 55419	W B GARNER/LEIGH ANN GARNER	RESIDENTIAL	$917,600	156 ft
5915 DIAMOND LAKE LA MINNEAPOLIS MN 55419	ANNE MOLINAR/ANTHONY MOLINAR	RESIDENTIAL	$461,900	156 ft
5930 PORTLAND AVE MINNEAPOLIS MN 55417	A G BOGEN COMPANY	COMMERCIAL-PREFERRED	$550,000	157 ft
5937 DIAMOND LAKE LA MINNEAPOLIS MN 55419	W ALCENAT & P T ALCENAT	RESIDENTIAL-TWO UNIT	$490,500	161 ft

Property History

Current Tax Year

Year2026

Tax Due$8,757