5804 PARK AVE MINNEAPOLIS MN 55417

PID: 2302824230063

Property Overview

Parcel ID2302824230063

Lot Size7,426 sq ft (0.170 ac)

Lot Dimensions (est.)131 ft wide × 57 ft deep

Year Built1939

Property ClassRESIDENTIAL

OwnerRACHEL VICTORIA ISOLA

Assessed Value$417,800

Land Value$173,000

Building Value$244,800

Annual Tax$6,443

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

6 permits on record since 2017 · $14K total declared value · Most recent: Dec 2024 (res)

ResDec 2024Closed

CenterPoint Energy Resource Corp

ExistresOct 2023Expired

Ray N Welter Heating Co

ResAug 2023Closed

Warners Stellian Co Inc

MiscMar 2021Closed

$4K

JJ HOME SERVICES LLC

ResJan 2018Closed

BENJAMIN FRANKLIN PLUMBING

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

Neighborhood Profile

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 width52 ft

Buildable depth80 ft

Area~4,049 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 4,049 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5800 PARK AVE MINNEAPOLIS MN 55417	KAREN SUE WILLIAMS	RESIDENTIAL	$576,000	65 ft
5810 PARK AVE MINNEAPOLIS MN 55417	JULIA K PRICE	RESIDENTIAL	$451,700	66 ft
5807 OAKLAND AVE MINNEAPOLIS MN 55417	MARI SHARPE & JOSHUA SHARPE	RESIDENTIAL	$373,000	128 ft
5815 OAKLAND AVE MINNEAPOLIS MN 55417	K L MANZOLINE & S WATZKA	RESIDENTIAL	$540,200	130 ft
5816 PARK AVE MINNEAPOLIS MN 55417	NANCY E LARSEN TRUSTEE	RESIDENTIAL	$567,600	132 ft
5801 OAKLAND AVE MINNEAPOLIS MN 55417	K GOODPASTER & Z HANSBERGER	RESIDENTIAL	$535,900	152 ft
5819 OAKLAND AVE MINNEAPOLIS MN 55417	HOFFER TRUST	RESIDENTIAL	$464,600	156 ft
5801 PARK AVE MINNEAPOLIS MN 55417	R S SOUGSTAD & SARA LEFEBVRE	RESIDENTIAL	$425,000	166 ft
5805 PARK AVE MINNEAPOLIS MN 55417	PAUL D WHARTON	RESIDENTIAL	$561,800	167 ft
5809 PARK AVE MINNEAPOLIS MN 55417	C L SULLIVAN & T SULLIVAN	RESIDENTIAL	$481,200	179 ft

Property History

Most Recent Sale

Date199311

Price$1

Type—

Current Tax Year

Year2026

Tax Due$6,443