5924 OAKLAND AVE MINNEAPOLIS MN 55417

PID: 2302824320155

Property Overview

Parcel ID2302824320155

Lot Size6,131 sq ft (0.141 ac)

Lot Dimensions (est.)117 ft wide × 52 ft deep

Year Built1941

Property ClassRESIDENTIAL

OwnerS M WHITE & A W WHITE

Assessed Value$476,700

Land Value$160,000

Building Value$316,700

Annual Tax$7,301

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2022 · $14K total declared value · Most recent: Dec 2024 (res)

ResDec 2024Closed

CenterPoint Energy Resource Corp

ResMay 2024Closed

Urban Pine Plumbing and Mechanical Inc

MiscFeb 2024Closed

$14K

LEGACY RESTORATION LLC

ResSep 2023Closed

Warners Stellian Co Inc

ExistresAug 2022Closed

Centraire Heating & Air Conditioning 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

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 width43 ft

Buildable depth76 ft

Area~3,261 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 3,261 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5920 OAKLAND AVE MINNEAPOLIS MN 55417	SAVANNAH M CARLSON	RESIDENTIAL	$351,600	53 ft
5928 OAKLAND AVE MINNEAPOLIS MN 55417	D A SOLLIE & A L SOLLIE	RESIDENTIAL	$522,100	53 ft
5916 OAKLAND AVE MINNEAPOLIS MN 55417	GARRETT J PETERSON	RESIDENTIAL	$543,900	105 ft
5932 OAKLAND AVE MINNEAPOLIS MN 55417	S KETCHUM & D BERG	RESIDENTIAL	$543,200	105 ft
5925 PORTLAND AVE MINNEAPOLIS MN 55417	RICHARD H & KARYN G MORRIS	RESIDENTIAL	$386,000	132 ft
5929 PORTLAND AVE MINNEAPOLIS MN 55417	T C MCDONALD/S A RODRIGUEZ	RESIDENTIAL	$449,000	134 ft
5921 PORTLAND AVE MINNEAPOLIS MN 55417	DENISE E THOMPSON	RESIDENTIAL	$376,500	147 ft
5933 PORTLAND AVE MINNEAPOLIS MN 55417	JASON DALY	RESIDENTIAL	$362,200	155 ft
5912 OAKLAND AVE MINNEAPOLIS MN 55417	M NETLAND & F JAFFER	RESIDENTIAL	$516,500	158 ft
5936 OAKLAND AVE MINNEAPOLIS MN 55417	E M COLVIN & D R COLVIN	RESIDENTIAL	$444,000	158 ft

Property History

Most Recent Sale

Date199310

Price$129,900

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$7,301