5512 COLUMBUS AVE MINNEAPOLIS MN 55417

PID: 2302824220096

Property Overview

Parcel ID2302824220096

Lot Size5,997 sq ft (0.138 ac)

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

Year Built1938

Property ClassRESIDENTIAL

OwnerD E & S R JACOBSON

Assessed Value$471,500

Land Value$186,000

Building Value$285,500

Annual Tax$7,497

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2017 · $62K total declared value · Most recent: Feb 2020 (res)

ResFeb 2020Closed

CenterPoint Energy Resource Corp

RemodelJun 2017Closed

$2K

THE EGRESS WINDOW COMPANY

ExistresMay 2017Closed

Ray N Welter Heating Co

ResMay 2017Closed

Janecky Plumbing Service Inc

RemodelMay 2017Closed

$60K

WHITE CRANE CONSTRUCTION

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 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~3,195 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 3,195 sqft buildable area.

Est. units

Yield on cost

2.1%

Spread

-3.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5508 COLUMBUS AVE MINNEAPOLIS MN 55417	JAMES LESCH & D'ANN LESCH	RESIDENTIAL	$567,000	50 ft
5516 COLUMBUS AVE MINNEAPOLIS MN 55417	K A PEARSON & J F PEARSON	RESIDENTIAL	$469,300	50 ft
5504 COLUMBUS AVE MINNEAPOLIS MN 55417	KENT E HUELMAN ET AL	RESIDENTIAL	$471,000	100 ft
5520 COLUMBUS AVE MINNEAPOLIS MN 55417	N I CREE & K KREIMER	RESIDENTIAL	$521,000	100 ft
5515 PARK AVE MINNEAPOLIS MN 55417	MEGAN PEKAREK & EVAN FISCHER	RESIDENTIAL	$487,000	138 ft
5509 PARK AVE MINNEAPOLIS MN 55417	G T PELNER & J L PELNER	RESIDENTIAL	$535,000	146 ft
5517 PARK AVE MINNEAPOLIS MN 55417	DAVID GELS & JENNIFER GELS	RESIDENTIAL	$525,000	147 ft
5524 COLUMBUS AVE MINNEAPOLIS MN 55417	M R WIRTZ & W T MELTON	RESIDENTIAL	$524,200	150 ft
5500 COLUMBUS AVE MINNEAPOLIS MN 55417	B THOMPSON & O O LAWAL	RESIDENTIAL	$511,800	154 ft
5505 PARK AVE MINNEAPOLIS MN 55417	J B P DIPIERO & L T DIPIERO	RESIDENTIAL	$543,300	169 ft

Property History

Most Recent Sale

Date199708

Price$114,900

TypePROBATE DEED

Current Tax Year

Year2026

Tax Due$7,497