5816 OAKLAND AVE MINNEAPOLIS MN 55417

PID: 2302824230049

Property Overview

Parcel ID2302824230049

Lot Size7,072 sq ft (0.162 ac)

Lot Dimensions (est.)130 ft wide × 55 ft deep

Year Built1939

Property ClassRESIDENTIAL

OwnerL R MICHAEL JR/M J GOEPPNER

Assessed Value$446,200

Land Value$172,000

Building Value$274,200

Annual Tax$6,792

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

5 permits on record since 2021 · $15K total declared value · Most recent: Dec 2024 (res)

ResDec 2024Closed

CenterPoint Energy Resource Corp

RemodelNov 2023Closed

$15K

Safe Basements of MN

ResNov 2023Closed

Richfield Plumbing Co

ExistresMar 2022Closed

Hero Home Services LLC

ResOct 2021Closed

Warners Stellian Co 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 rent1,284/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 width48 ft

Buildable depth82 ft

Area~3,861 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 3,861 sqft buildable area.

Est. units

Yield on cost

2.8%

Spread

-2.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5812 OAKLAND AVE MINNEAPOLIS MN 55417	T R ASLESEN & B A ASLESEN	RESIDENTIAL	$487,000	61 ft
5820 OAKLAND AVE MINNEAPOLIS MN 55417	JAMES SOLHEID & MARY SOLHEID	RESIDENTIAL	$530,400	63 ft
5806 OAKLAND AVE MINNEAPOLIS MN 55417	ANNE M DOUCOT	RESIDENTIAL	$479,400	121 ft
5824 OAKLAND AVE MINNEAPOLIS MN 55417	P R COLWELL	RESIDENTIAL	$495,800	127 ft
5817 PORTLAND AVE MINNEAPOLIS MN 55417	J JOLDERSMA & A HOCHREIN	RESIDENTIAL	$533,900	132 ft
5823 PORTLAND AVE MINNEAPOLIS MN 55417	ELIZABETH JOHNSON	RESIDENTIAL	$506,000	140 ft
5811 PORTLAND AVE MINNEAPOLIS MN 55417	A L WALLES & Z GILBERTSON	RESIDENTIAL	$479,100	149 ft
5829 PORTLAND AVE MINNEAPOLIS MN 55417	N A GEBERT & K A GEBERT	RESIDENTIAL	$623,000	165 ft
5819 OAKLAND AVE MINNEAPOLIS MN 55417	HOFFER TRUST	RESIDENTIAL	$464,600	168 ft
5815 OAKLAND AVE MINNEAPOLIS MN 55417	K L MANZOLINE & S WATZKA	RESIDENTIAL	$540,200	171 ft

Property History

Most Recent Sale

Date202311

Price$442,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$6,792