5815 COLUMBUS AVE MINNEAPOLIS MN 55417

PID: 2302824320084

Property Overview

Parcel ID2302824320084

Lot Size7,226 sq ft (0.166 ac)

Lot Dimensions (est.)142 ft wide × 51 ft deep

Year Built1941

Property ClassRESIDENTIAL

OwnerCOREY M KVASNICK

Assessed Value$480,800

Land Value$170,000

Building Value$310,800

Annual Tax$7,369

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

3 permits on record since 2024 · Most recent: Oct 2025 (res)

ResOct 2025Inspection

Warners Stellian Co Inc

ResDec 2024Closed

CenterPoint Energy Resource Corp

ExistresAug 2024Closed

Hero Home Services 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$390K+0.0% YoY

Median price / sqft$253/sqft

Median days to close13 days

Active listings29

Source: Redfin Data Center (Invalid Date) · Zip 55417

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width46 ft

Buildable depth89 ft

Area~4,159 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 small multifamily (2–4 units, wood frame) benchmarks for 4,159 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5817 COLUMBUS AVE MINNEAPOLIS MN 55417	LEE C MOISANT	RESIDENTIAL	$451,100	51 ft
5809 COLUMBUS AVE MINNEAPOLIS MN 55417	PAUL R F GROSKREUTZ & WIFE	RESIDENTIAL	$541,800	51 ft
5821 COLUMBUS AVE MINNEAPOLIS MN 55417	J CRADDOCK & K H CRADDOCK	RESIDENTIAL	$698,000	103 ft
5805 COLUMBUS AVE MINNEAPOLIS MN 55417	HOLLY MEIS & ROBERT F MEIS	RESIDENTIAL	$452,600	103 ft
5812 CHICAGO AVE MINNEAPOLIS MN 55417	M A ENGEL & M L ENGEL	RESIDENTIAL-TWO UNIT	$532,200	148 ft
5825 COLUMBUS AVE MINNEAPOLIS MN 55417	JENNIFER KERSTEN	RESIDENTIAL	$438,100	152 ft
5808 CHICAGO AVE MINNEAPOLIS MN 55417	SARA GERMAINE DOFFING SIPE	RESIDENTIAL-TWO UNIT	$496,200	156 ft
5816 CHICAGO AVE MINNEAPOLIS MN 55417	M L BAKKE & O L PANLILIO JR	RESIDENTIAL	$354,000	156 ft
5801 COLUMBUS AVE MINNEAPOLIS MN 55417	COREY F SEVETT TRUST	RESIDENTIAL	$465,900	162 ft
5820 CHICAGO AVE MINNEAPOLIS MN 55417	ADAM CLARK & EMILY GELATT	RESIDENTIAL	$389,800	178 ft

Property History

Most Recent Sale

Date201403

Price$328,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,369