5416 COLUMBUS AVE MINNEAPOLIS MN 55417

PID: 2302824220028

Property Overview

Parcel ID2302824220028

Lot Size6,000 sq ft (0.138 ac)

Lot Dimensions (est.)120 ft wide × 50 ft deep

Year Built1938

Property ClassRESIDENTIAL

OwnerJON ANDREW PHILLIPS

Assessed Value$590,700

Land Value$169,000

Building Value$421,700

Annual Tax$9,710

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

1 permit on record since 2020 · Most recent: Feb 2020 (res)

ResFeb 2020Closed

CenterPoint Energy Resource Corp

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Page · Minneapolis

Median reported rent1,682/mo

Renter-occupied6.3%

Median home value$446K

Vacancy rate4.8%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1116

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 width40 ft

Buildable depth80 ft

Area~3,198 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 3,198 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
5412 COLUMBUS AVE MINNEAPOLIS MN 55417	J J WEBB & A E WEBB	RESIDENTIAL	$491,900	50 ft
5420 COLUMBUS AVE MINNEAPOLIS MN 55417	T M HARMSEN & W M SODERBERG	RESIDENTIAL	$512,600	50 ft
5408 COLUMBUS AVE MINNEAPOLIS MN 55417	KRIS HAUGEN/DONNA J CARR TRS	RESIDENTIAL	$535,500	100 ft
5424 COLUMBUS AVE MINNEAPOLIS MN 55417	GRACE HUIBREGTSE ETAL REV TR	RESIDENTIAL	$433,700	100 ft
5417 PARK AVE MINNEAPOLIS MN 55417	DAVID O'NEIL & PHUONG O'NEIL	RESIDENTIAL	$405,600	137 ft
5415 PARK AVE MINNEAPOLIS MN 55417	M & J MORRIS	RESIDENTIAL	$506,800	146 ft
5421 PARK AVE MINNEAPOLIS MN 55417	M J WAHLSTROM/K J WAHLSTROM	RESIDENTIAL	$524,500	147 ft
5404 COLUMBUS AVE MINNEAPOLIS MN 55417	BROOKE CUNNINGHAM	RESIDENTIAL	$513,100	150 ft
5428 COLUMBUS AVE MINNEAPOLIS MN 55417	GLENN TRAVIS & LORI NORVELL	RESIDENTIAL	$373,000	150 ft
5409 PARK AVE MINNEAPOLIS MN 55417	R UTHMANN & T UTHMANN	RESIDENTIAL	$453,000	168 ft

Property History

Most Recent Sale

Date199503

Price$156,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$9,710