6053 2ND AVE S MINNEAPOLIS MN 55419

PID: 2202824430031

Property Overview

Parcel ID2202824430031

Lot Size6,078 sq ft (0.140 ac)

Lot Dimensions (est.)152 ft wide × 40 ft deep

Year Built1941

Property ClassRESIDENTIAL

OwnerRYAN CANNEDY

Assessed Value$310,300

Land Value$103,000

Building Value$207,300

Annual Tax$5,677

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 · $3K total declared value · Most recent: Aug 2022 (misc)

MiscAug 2022Closed

$3K

Keystone Builders Inc

ExistresNov 2021Closed

PMR Mechanical, Inc.

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth112 ft

Area~3,358 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 3,358 sqft buildable area.

Est. units

Yield on cost

2.2%

Spread

-3.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
6057 2ND AVE S MINNEAPOLIS MN 55419	NICHOLAS CRAGGS	RESIDENTIAL	$348,700	40 ft
6045 2ND AVE S MINNEAPOLIS MN 55419	JENNIFER L THOMSON	RESIDENTIAL	$285,000	50 ft
6041 2ND AVE S MINNEAPOLIS MN 55419	J A C DOMINQUEZ & C GONZALEZ	RESIDENTIAL	$328,300	110 ft
6101 2ND AVE S MINNEAPOLIS MN 55419	B N ROGERS & C R ROGERS	RESIDENTIAL	$333,600	150 ft
6037 2ND AVE S MINNEAPOLIS MN 55419	HOLLY ANN HAM	RESIDENTIAL	$275,500	160 ft
6052 3RD AVE S MINNEAPOLIS MN 55419	TASKS UNLIMITED LODGES	RESIDENTIAL	$0	165 ft
6056 3RD AVE S MINNEAPOLIS MN 55419	REBECCA T NGUYEN	RESIDENTIAL	$332,400	170 ft
6048 3RD AVE S MINNEAPOLIS MN 55419	KATEY RAYE PALMA LUNDQUIST	RESIDENTIAL	$313,900	171 ft
6044 3RD AVE S MINNEAPOLIS MN 55419	R CAMANO & L E FLORES	RESIDENTIAL	$306,000	185 ft
6033 2ND AVE S MINNEAPOLIS MN 55419	J I GONZALEZ MUNOZ ET AL	RESIDENTIAL	$253,000	200 ft

Property History

Most Recent Sale

Date202111

Price$310,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,677