6045 2ND AVE S MINNEAPOLIS MN 55419

PID: 2202824430032

Property Overview

Parcel ID2202824430032

Lot Size9,117 sq ft (0.209 ac)

Lot Dimensions (est.)152 ft wide × 60 ft deep

Year Built1941

Property ClassRESIDENTIAL

OwnerJENNIFER L THOMSON

Assessed Value$285,000

Land Value$121,000

Building Value$164,000

Annual Tax$4,103

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 2018 · Most recent: Mar 2024 (res)

ResMar 2024Expired

Urban Pine Plumbing and Mechanical Inc

ResDec 2018Closed

Warners Stellian Co 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 width50 ft

Buildable depth112 ft

Area~5,595 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 5,595 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
6053 2ND AVE S MINNEAPOLIS MN 55419	RYAN CANNEDY	RESIDENTIAL	$310,300	50 ft
6041 2ND AVE S MINNEAPOLIS MN 55419	J A C DOMINQUEZ & C GONZALEZ	RESIDENTIAL	$328,300	60 ft
6057 2ND AVE S MINNEAPOLIS MN 55419	NICHOLAS CRAGGS	RESIDENTIAL	$348,700	90 ft
6037 2ND AVE S MINNEAPOLIS MN 55419	HOLLY ANN HAM	RESIDENTIAL	$275,500	110 ft
6033 2ND AVE S MINNEAPOLIS MN 55419	J I GONZALEZ MUNOZ ET AL	RESIDENTIAL	$253,000	150 ft
6048 3RD AVE S MINNEAPOLIS MN 55419	KATEY RAYE PALMA LUNDQUIST	RESIDENTIAL	$313,900	166 ft
6044 3RD AVE S MINNEAPOLIS MN 55419	R CAMANO & L E FLORES	RESIDENTIAL	$306,000	169 ft
6052 3RD AVE S MINNEAPOLIS MN 55419	TASKS UNLIMITED LODGES	RESIDENTIAL	$0	172 ft
6040 3RD AVE S MINNEAPOLIS MN 55419	CORY WESTERN	RESIDENTIAL	$321,500	180 ft
6056 3RD AVE S MINNEAPOLIS MN 55419	REBECCA T NGUYEN	RESIDENTIAL	$332,400	187 ft

Property History

Most Recent Sale

Date201807

Price$120,000

TypePROBATE DEED

Current Tax Year

Year2026

Tax Due$4,103