5901 OAKLAND AVE MINNEAPOLIS MN 55417

PID: 2302824320149

Property Overview

Parcel ID2302824320149

Lot Size10,924 sq ft (0.251 ac)

Lot Dimensions (est.)123 ft wide × 88 ft deep

Year Built1946

Property ClassRESIDENTIAL

OwnerE HOGAN & D NYQUIST

Assessed Value$706,500

Land Value$202,000

Building Value$504,500

Annual Tax$11,617

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2018 · $42K total declared value · Most recent: Dec 2024 (res)

ResDec 2024Closed

CenterPoint Energy Resource Corp

ExistresMay 2020Closed

CENTERPOINT ENERGY

ExistresOct 2019Closed

Metro Heating & Cooling LLC

ResOct 2019Closed

Able Plumbing LLC

RemodelSep 2019Closed

$27K

MILL CITY DESIGN BUILD 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

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 width110 ft

Buildable depth48 ft

Area~6,344 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 6,344 sqft buildable area.

Est. units

Yield on cost

3.0%

Spread

-2.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5909 OAKLAND AVE MINNEAPOLIS MN 55417	T J WATERS & S S WATERS	RESIDENTIAL	$476,600	80 ft
5879 OAKLAND AVE MINNEAPOLIS MN 55417	D E PATTERSON/C B PATTERSON	RESIDENTIAL	$523,600	134 ft
5900 PARK AVE MINNEAPOLIS MN 55417	TIMOTHY G NABER	RESIDENTIAL	$418,700	134 ft
5915 OAKLAND AVE MINNEAPOLIS MN 55417	D & L K ANDELL	RESIDENTIAL	$479,200	141 ft
5904 PARK AVE MINNEAPOLIS MN 55417	MICHAEL K BATTENBERG ET AL	RESIDENTIAL	$441,500	145 ft
5908 PARK AVE MINNEAPOLIS MN 55417	RAECHELLE LOVE DRAKEFORD TR	RESIDENTIAL	$435,600	169 ft
5900 OAKLAND AVE MINNEAPOLIS MN 55417	PAUL EDWARD JOHNSON	RESIDENTIAL	$770,000	170 ft
5906 OAKLAND AVE MINNEAPOLIS MN 55417	MICHAEL R BAUER	RESIDENTIAL	$533,800	182 ft
5858 PARK AVE MINNEAPOLIS MN 55417	REID A ROMSAAS ET AL	RESIDENTIAL	$518,200	185 ft
5873 OAKLAND AVE MINNEAPOLIS MN 55417	L D NELSON & T J NELSON	RESIDENTIAL	$467,800	192 ft

Property History

Most Recent Sale

Date201903

Price$560,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$11,617