5740 16TH AVE S MINNEAPOLIS MN 55417

PID: 2302824140128

Property Overview

Parcel ID2302824140128

Lot Size5,127 sq ft (0.118 ac)

Lot Dimensions (est.)129 ft wide × 40 ft deep

Year Built1963

Property ClassRESIDENTIAL

OwnerG J MORTON & J K MORTON

Assessed Value$357,800

Land Value$126,000

Building Value$231,800

Annual Tax$5,318

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2023 · $25K total declared value · Most recent: Jan 2026 (res)

ResJan 2026Closed

CHAMPION PLUMBING LLC

ResJul 2025Closed

BONFES PLUMBING HEATING AND AIR SERVICE INC

ExistresMay 2025Inspection

Home Energy Center Inc

AccessoryJun 2023Closed

$25K

SUSSEL CORP

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 width30 ft

Buildable depth88 ft

Area~2,644 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 2,644 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5744 16TH AVE S MINNEAPOLIS MN 55417	K FREIRE & B FREIRE	RESIDENTIAL-TWO UNIT	$409,800	40 ft
5736 16TH AVE S MINNEAPOLIS MN 55417	R G DEGOLLADO & S N GARCIA	RESIDENTIAL	$339,300	45 ft
5748 16TH AVE S MINNEAPOLIS MN 55417	KELLY SCHROEDER	RESIDENTIAL-TWO UNIT	$403,900	80 ft
5730 16TH AVE S MINNEAPOLIS MN 55417	J A JACOBSON & J R WILLIAMS	RESIDENTIAL	$319,500	100 ft
1544 58TH ST E MINNEAPOLIS MN 55417	YONGJUN HOU	RESIDENTIAL-TWO UNIT	$427,300	140 ft
5739 BLOOMINGTON AVE MINNEAPOLIS MN 55417	P & P SWIGGUM REVOC TRUST	RESIDENTIAL-TWO UNIT	$400,400	143 ft
5743 BLOOMINGTON AVE MINNEAPOLIS MN 55417	PAMELA THIEM	RESIDENTIAL	$275,200	144 ft
5724 16TH AVE S MINNEAPOLIS MN 55417	VERNON K WEHRLE	RESIDENTIAL	$327,300	155 ft
5749 BLOOMINGTON AVE MINNEAPOLIS MN 55417	D L LETSON & D D LETSON	RESIDENTIAL-TWO UNIT	$409,100	159 ft
5731 BLOOMINGTON AVE MINNEAPOLIS MN 55417	K STRANDLUND & A MANZUR-SODA	RESIDENTIAL	$333,500	159 ft

Property History

Most Recent Sale

Date202503

Price$430,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,318