5612 16TH AVE S MINNEAPOLIS MN 55417

PID: 2302824140020

Property Overview

Parcel ID2302824140020

Lot Size12,862 sq ft (0.295 ac)

Lot Dimensions (est.)133 ft wide × 97 ft deep

Year Built1956

Property ClassRESIDENTIAL

OwnerRICHARD P BENDEL ETAL TRSTES

Assessed Value$926,600

Land Value$284,000

Building Value$642,600

Annual Tax$15,782

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2017 · $7K total declared value · Most recent: Sep 2025 (res)

ResSep 2025Closed

Affinity Plumbing LLC

RemodelSep 2025Final Inspection

$7K

Prime Look Home Remodeling

ResFeb 2024Closed

CenterPoint Energy Resource Corp

ExistresJun 2018Closed

Airic's Heating & Air Conditioning Inc

ExistresJun 2018Cancelled

Airic's Heating & Air Conditioning 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 rent1,798/mo

Renter-occupied6.8%

Median home value$416K

Vacancy rate0.8%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 117.04

Market Snapshot

Zip code 55417

Median sale price$371K-4.4% YoY

Median price / sqft$244/sqft

Median days to close34 days

Active listings28

Source: Redfin Data Center (Invalid Date) · Zip 55417

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 width47 ft

Buildable depth186 ft

Area~7,585 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 7,585 sqft buildable area.

Est. units

Yield on cost

2.9%

Spread

-2.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5616 16TH AVE S MINNEAPOLIS MN 55417	NANCY LOCKEN	RESIDENTIAL	$371,400	80 ft
5620 EDGEWATER BLVD MINNEAPOLIS MN 55417	M D LANGANKI & A W LANGANKI	RESIDENTIAL	$965,000	126 ft
5620 16TH AVE S MINNEAPOLIS MN 55417	EMANGA EKINDE	RESIDENTIAL	$407,700	129 ft
5609 BLOOMINGTON AVE MINNEAPOLIS MN 55417	DEBORAH L QUIRT	RESIDENTIAL	$481,800	132 ft
5615 BLOOMINGTON AVE MINNEAPOLIS MN 55417	HELGA RADIO	RESIDENTIAL	$527,000	134 ft
5605 BLOOMINGTON AVE MINNEAPOLIS MN 55417	P C BRAZELTON/D M BRAZELTON	RESIDENTIAL-TWO UNIT	$862,200	147 ft
5612 EDGEWATER BLVD MINNEAPOLIS MN 55417	ANGELA T ORFIELD	RESIDENTIAL	$506,100	152 ft
5619 BLOOMINGTON AVE MINNEAPOLIS MN 55417	A MCBRIDE & T MCBRIDE	RESIDENTIAL	$470,900	154 ft
5624 16TH AVE S MINNEAPOLIS MN 55417	A J SHERVE & S M RYNO	RESIDENTIAL	$484,400	179 ft
5608 EDGEWATER BLVD MINNEAPOLIS MN 55417	J L IBELE & M A MCNAUGHTON	RESIDENTIAL	$798,300	185 ft

Property History

Current Tax Year

Year2026

Tax Due$15,782