6113 5TH AVE S MINNEAPOLIS MN 55419

PID: 2202824440185

Property Overview

Parcel ID2202824440185

Lot Size7,635 sq ft (0.175 ac)

Lot Dimensions (est.)127 ft wide × 60 ft deep

Year Built1953

Property ClassRESIDENTIAL

OwnerDOUGLAS WATT/ELIZABETH WATT

Assessed Value$333,500

Land Value$142,000

Building Value$191,500

Annual Tax$4,912

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2017 · $6K total declared value · Most recent: Mar 2022 (res)

ResMar 2022Closed

Ryan Edwards

ExistresFeb 2022Closed

Ryan Edwards

RemodelFeb 2022Closed

$6K

Ryan Edwards

ResJan 2017Closed

CENTERPOINT ENERGY

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 width50 ft

Buildable depth87 ft

Area~4,359 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 4,359 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
6117 5TH AVE S MINNEAPOLIS MN 55419	JANET E MCEATHRON	RESIDENTIAL	$377,300	58 ft
6105 5TH AVE S MINNEAPOLIS MN 55419	D PETERSON & L A MEDRANO	RESIDENTIAL	$454,600	60 ft
6101 5TH AVE S MINNEAPOLIS MN 55419	S A GRANDA & T D OSORIO	RESIDENTIAL	$371,000	110 ft
6123 5TH AVE S MINNEAPOLIS MN 55419	N C HELMBERGER/S HESSELBERG	RESIDENTIAL	$368,900	112 ft
6112 PORTLAND AVE MINNEAPOLIS MN 55417	GENEVA DORSEY	RESIDENTIAL-TWO UNIT	$442,500	141 ft
6108 PORTLAND AVE MINNEAPOLIS MN 55417	KRISTEN SHEA & CALEB SHEA	RESIDENTIAL-TWO UNIT	$434,400	145 ft
6116 PORTLAND AVE MINNEAPOLIS MN 55417	G E NORBY/M NORBY/L M NORBY	RESIDENTIAL-TWO UNIT	$418,900	154 ft
6127 5TH AVE S MINNEAPOLIS MN 55419	D B DINGLEY & B A DINGLEY	RESIDENTIAL	$488,900	167 ft
6100 PORTLAND AVE MINNEAPOLIS MN 55417	SHARON R WYBERG REV TRUST	RESIDENTIAL-TWO UNIT	$546,800	169 ft
6112 5TH AVE S MINNEAPOLIS MN 55419	J W PIMENTAL & S G PIMENTAL	RESIDENTIAL	$367,100	179 ft

Property History

Most Recent Sale

Date202511

Price$354,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,912