5850 PARK AVE MINNEAPOLIS MN 55417

PID: 2302824320026

Property Overview

Parcel ID2302824320026

Lot Size7,173 sq ft (0.165 ac)

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

Year Built1940

Property ClassRESIDENTIAL

OwnerANNE KINTOP

Assessed Value$535,700

Land Value$169,000

Building Value$366,700

Annual Tax$8,386

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2020 · $9K total declared value · Most recent: Jan 2026 (existres)

ExistresJan 2026Inspection

Standard Heating and Air Conditioning Inc

ResDec 2024Closed

CenterPoint Energy Resource Corp

MiscJun 2021Closed

$4K

BAYPORT ROOFING AND SIDING LLC

MiscAug 2020Closed

$4K

BAYPORT ROOFING AND SIDING LLC

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 depth80 ft

Area~3,973 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 3,973 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
5846 PARK AVE MINNEAPOLIS MN 55417	T J GOUETTE & C N REBER	RESIDENTIAL	$502,400	60 ft
5854 PARK AVE MINNEAPOLIS MN 55417	REBECCA BOGEN	RESIDENTIAL	$405,800	60 ft
5858 PARK AVE MINNEAPOLIS MN 55417	REID A ROMSAAS ET AL	RESIDENTIAL	$518,200	119 ft
5840 PARK AVE MINNEAPOLIS MN 55417	J INGALSBE & E R H INGALSBE	RESIDENTIAL	$424,100	120 ft
5867 OAKLAND AVE MINNEAPOLIS MN 55417	ELLEN JENNIFER SCHLAEFER	RESIDENTIAL	$398,500	134 ft
5873 OAKLAND AVE MINNEAPOLIS MN 55417	L D NELSON & T J NELSON	RESIDENTIAL	$467,800	142 ft
5861 OAKLAND AVE MINNEAPOLIS MN 55417	ISAAC V SMITH/EMMA L STRUSS	RESIDENTIAL	$468,300	150 ft
5879 OAKLAND AVE MINNEAPOLIS MN 55417	D E PATTERSON/C B PATTERSON	RESIDENTIAL	$523,600	170 ft
5845 PARK AVE MINNEAPOLIS MN 55417	E E JOHNSON & P L JOHNSON	RESIDENTIAL	$444,400	172 ft
5849 PARK AVE MINNEAPOLIS MN 55417	D GRIFFITH & M GRIFFITH	RESIDENTIAL	$439,300	178 ft

Property History

Most Recent Sale

Date202309

Price$560,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,386