201 58TH ST E MINNEAPOLIS MN 55419

PID: 2202824420051

Property Overview

Parcel ID2202824420051

Lot Size7,600 sq ft (0.174 ac)

Lot Dimensions (est.)51 ft wide × 148 ft deep

Year Built1918

Property ClassRESIDENTIAL

OwnerJOHN B ORR & BRIDGET M ORR

Assessed Value$281,600

Land Value$112,000

Building Value$169,600

Annual Tax$4,046

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 2021 · $9K total declared value · Most recent: May 2021 (misc)

MiscMay 2021Closed

$9K

ESTATE CLAIM SERVICES 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

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 width38 ft

Buildable depth108 ft

Area~4,144 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 4,144 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
203 58TH ST E MINNEAPOLIS MN 55419	MATTHEW BORRMAN	RESIDENTIAL	$299,600	50 ft
209 58TH ST E MINNEAPOLIS MN 55419	SHARON LEE LEIGHTON	RESIDENTIAL	$348,100	107 ft
5815 2ND AVE S MINNEAPOLIS MN 55419	BRANDON L LOUDERMILK TRUST	RESIDENTIAL	$423,900	118 ft
215 58TH ST E MINNEAPOLIS MN 55419	T J DEGROSS & C M DEGROSS	RESIDENTIAL	$556,000	154 ft
5753 2ND AVE S MINNEAPOLIS MN 55419	K STRICKLAND & A STRICKLAND	RESIDENTIAL	$356,500	174 ft
219 58TH ST E MINNEAPOLIS MN 55419	DANIEL SPRINGROSE	RESIDENTIAL	$407,400	203 ft
5833 2ND AVE S MINNEAPOLIS MN 55419	M & T SIMPSON	RESIDENTIAL	$385,700	207 ft
5749 2ND AVE S MINNEAPOLIS MN 55419	ELLIOTT SCOTT FOSS	RESIDENTIAL	$278,200	214 ft
221 58TH ST E MINNEAPOLIS MN 55419	MARK A SCHAAN	RESIDENTIAL	$372,500	252 ft
5745 2ND AVE S MINNEAPOLIS MN 55419	CONNIE MARIE WRIGHT	RESIDENTIAL	$308,100	255 ft

Property History

Most Recent Sale

Date201911

Price$245,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,046