5 QUEEN AVE S MINNEAPOLIS MN 55405

PID: 2902924110191

Property Overview

Parcel ID2902924110191

Lot Size5,064 sq ft (0.116 ac)

Lot Dimensions (est.)126 ft wide × 40 ft deep

Year Built1946

Property ClassRESIDENTIAL

OwnerH BUCKINGHAM & E BUCKINGHAM

Assessed Value$336,500

Land Value$184,000

Building Value$152,500

Annual Tax$4,958

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2020 · $8K total declared value · Most recent: Dec 2024 (res)

ResDec 2024Closed

CenterPoint Energy Resource Corp

MiscApr 2024Closed

$8K

Allied Service Pro LLC

ExistresMay 2020Closed

Pronto Heating & Air Conditioning Inc

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Bryn - Mawr · Minneapolis

Median reported rent1,697/mo

Renter-occupied14.8%

Median home value$467K

Vacancy rate0.0%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1051

Market Snapshot

Zip code 55405

Median sale price$530K+73.8% YoY

Median price / sqft$270/sqft

Median days to close45 days

Active listings39

Source: Redfin Data Center (Invalid Date) · Zip 55405

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 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 width113 ft

Buildable depth0 ft

Area~2,338 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 2,338 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
9 QUEEN AVE S MINNEAPOLIS MN 55405	GARY TRIEMERT ETAL	RESIDENTIAL	$231,800	40 ft
15 QUEEN AVE S MINNEAPOLIS MN 55405	DOROTHY M HILL	RESIDENTIAL	$365,100	80 ft
17 QUEEN AVE S MINNEAPOLIS MN 55405	CAROL ANN YOUNG/STEVEN YOUNG	RESIDENTIAL	$423,600	120 ft
4 PENN AVE S MINNEAPOLIS MN 55405	JEAN SUSAN PERZEL	RESIDENTIAL	$320,000	142 ft
8 PENN AVE S MINNEAPOLIS MN 55405	JOHN L KRUMHEUER REV LIV TR	TRIPLEX	$525,800	154 ft
21 QUEEN AVE S MINNEAPOLIS MN 55405	MATTHEW FOREST PFEIFER	RESIDENTIAL	$355,600	160 ft
214 PENN AVE N MINNEAPOLIS MN 55405	SOO LINE RAILROAD CO	RAILROAD	$81,200	182 ft
16 PENN AVE S MINNEAPOLIS MN 55405	E BUCKINGHAM/H BUCKINGHAM	RESIDENTIAL	$356,800	185 ft
6 QUEEN AVE S MINNEAPOLIS MN 55405	MOLLY BENTLEY & NABIL KALRA	RESIDENTIAL	$699,900	187 ft
8 QUEEN AVE S MINNEAPOLIS MN 55405	DARCY J WOOD & JASON J WOOD	RESIDENTIAL	$519,800	191 ft

Property History

Most Recent Sale

Date200008

Price$103,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,958