5949 2ND AVE S MINNEAPOLIS MN 55419

PID: 2202824420036

Property Overview

Parcel ID2202824420036

Lot Size7,621 sq ft (0.175 ac)

Lot Dimensions (est.)194 ft wide × 39 ft deep

Year Built1931

Property ClassRESIDENTIAL

OwnerJ DAVIS/A DAVIS/K KRAFT

Assessed Value$456,800

Land Value$112,000

Building Value$344,800

Annual Tax$6,969

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2012 · $104K total declared value · Most recent: Nov 2024 (remodel)

RemodelNov 2024Closed

$9K

ALL ENERGY SOLAR INC

RemodelJun 2019Closed

$30K

DEANNA J EVJEN

ResJun 2019Closed

Mike's Custom Mechanical Inc

ExistresJun 2019Closed

Mike's Custom Mechanical Inc

Building Re-inspectionOct 2012

$65K

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

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width181 ft

Buildable depth0 ft

Area~4,061 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 4,061 sqft buildable area.

Est. units

Yield on cost

2.8%

Spread

-2.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5945 2ND AVE S MINNEAPOLIS MN 55419	ROBERT R HARRIS ETAL	RESIDENTIAL	$310,700	45 ft
5941 2ND AVE S MINNEAPOLIS MN 55419	DANIEL THOMAS BLASBERG	RESIDENTIAL	$375,400	95 ft
5953 2ND AVE S MINNEAPOLIS MN 55419	JOYCE M LANDGREN REVOC TRUST	RESIDENTIAL	$337,700	100 ft
220 CHESTER ST MINNEAPOLIS MN 55419	SHARLONA MURPHY	RESIDENTIAL	$366,700	144 ft
5957 2ND AVE S MINNEAPOLIS MN 55419	TAURUS SOLUTIONS LLC	RESIDENTIAL	$328,200	145 ft
5935 2ND AVE S MINNEAPOLIS MN 55419	S JOHNSON & T JOHNSON	RESIDENTIAL	$388,900	145 ft
216 60TH ST E MINNEAPOLIS MN 55419	A T MIDTBO & J A MIDTBO	RESIDENTIAL	$379,700	167 ft
5931 2ND AVE S MINNEAPOLIS MN 55419	H G C CORTES & G S CHAVIRA	RESIDENTIAL	$342,000	196 ft
220 60TH ST E MINNEAPOLIS MN 55419	MARTHA M HULL	RESIDENTIAL	$342,500	197 ft
5961 2ND AVE S MINNEAPOLIS MN 55419	DARKSTAR PEACE LOVE TRUST	RESIDENTIAL	$306,700	206 ft

Property History

Most Recent Sale

Date202206

Price$510,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,969