5854 OAKLAND AVE MINNEAPOLIS MN 55417

PID: 2302824320006

Property Overview

Parcel ID2302824320006

Lot Size7,145 sq ft (0.164 ac)

Lot Dimensions (est.)120 ft wide × 60 ft deep

Year Built1939

Property ClassRESIDENTIAL

OwnerD & K ANDERSON

Assessed Value$490,500

Land Value$173,000

Building Value$317,500

Annual Tax$7,531

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2018 · $37K total declared value · Most recent: Nov 2024 (existres)

ExistresNov 2024Closed

Standard Heating and Air Conditioning Inc

ResJan 2023Closed

Paul Bunyan Plumbing, LLC

RemodelDec 2021Closed

$5K

LINDUS CONSTRUCTION

MiscMar 2021Closed

$7K

HOFFMAN WEBER CONSTRUCTION INC

ExistresJul 2018Closed

Binder Heating and Air Conditioning 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 width50 ft

Buildable depth79 ft

Area~3,952 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 3,952 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5848 OAKLAND AVE MINNEAPOLIS MN 55417	J B TURNER & T TURNER	RESIDENTIAL	$474,200	60 ft
5860 OAKLAND AVE MINNEAPOLIS MN 55417	LUIS EDUARDO ROMO III ET AL	RESIDENTIAL	$526,800	60 ft
5842 OAKLAND AVE MINNEAPOLIS MN 55417	J E NEITZ & C M NEITZ	RESIDENTIAL	$430,100	120 ft
5866 OAKLAND AVE MINNEAPOLIS MN 55417	F V CORTES & J R VAZQUEZ	RESIDENTIAL	$520,000	120 ft
5879 PORTLAND AVE MINNEAPOLIS MN 55417	ERIK HENSEL/GISELA SANTIAGO	RESIDENTIAL	$492,700	133 ft
5873 PORTLAND AVE MINNEAPOLIS MN 55417	M D MOEN & K J CLARK-MOEN	RESIDENTIAL	$534,000	145 ft
5885 PORTLAND AVE MINNEAPOLIS MN 55417	M W SMITH & K A SMITH	RESIDENTIAL	$382,500	146 ft
5855 OAKLAND AVE MINNEAPOLIS MN 55417	W NAUGHTON & E RUDNICK	RESIDENTIAL	$462,300	169 ft
5849 OAKLAND AVE MINNEAPOLIS MN 55417	D D ARONSON & G C MARTIN	RESIDENTIAL	$395,300	175 ft
5867 PORTLAND AVE MINNEAPOLIS MN 55417	B P WOODS & B M WOODS	RESIDENTIAL	$424,500	178 ft

Property History

Most Recent Sale

Date198308

Price$92,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$7,531