5848 COLUMBUS AVE MINNEAPOLIS MN 55417

PID: 2302824320050

Property Overview

Parcel ID2302824320050

Lot Size6,104 sq ft (0.140 ac)

Lot Dimensions (est.)128 ft wide × 48 ft deep

Year Built1941

Property ClassRESIDENTIAL

OwnerCYNTHIA J FRACTION

Assessed Value$472,300

Land Value$159,000

Building Value$313,300

Annual Tax$7,228

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

No permits found in Minneapolis open data for this parcel.

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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width115 ft

Buildable depth8 ft

Area~3,107 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 3,107 sqft buildable area.

Est. units

Yield on cost

2.3%

Spread

-3.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5844 COLUMBUS AVE MINNEAPOLIS MN 55417	JAMES MAYER	RESIDENTIAL	$498,000	49 ft
5840 COLUMBUS AVE MINNEAPOLIS MN 55417	G ZUCKWEILER & M ZUCKWEILER	RESIDENTIAL	$503,100	99 ft
5900 COLUMBUS AVE MINNEAPOLIS MN 55417	J J & M J YOCKERS	RESIDENTIAL	$454,900	113 ft
5857 PARK AVE MINNEAPOLIS MN 55417	VERONICA K KRAHLING	RESIDENTIAL	$541,000	140 ft
5836 COLUMBUS AVE MINNEAPOLIS MN 55417	KASANDRA S DUTHIE ET AL	RESIDENTIAL	$463,200	149 ft
5853 PARK AVE MINNEAPOLIS MN 55417	P M COMEAU & W A COMEAU	RESIDENTIAL	$495,400	157 ft
5904 COLUMBUS AVE MINNEAPOLIS MN 55417	ASHLEY DAHLK	RESIDENTIAL	$421,100	166 ft
5901 PARK AVE MINNEAPOLIS MN 55417	EUGENE M SANDVIG ETAL TRSTEE	RESIDENTIAL	$501,400	175 ft
5845 COLUMBUS AVE MINNEAPOLIS MN 55417	B J MAREK & L L MAREK	RESIDENTIAL	$430,800	177 ft
5841 COLUMBUS AVE MINNEAPOLIS MN 55417	HARRY NELSON PEACOCK	RESIDENTIAL	$439,000	180 ft

Property History

Most Recent Sale

Date201304

Price$305,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,228