3816 ELLIOT AVE MINNEAPOLIS MN 55407

PID: 1102824210089

Property Overview

Parcel ID1102824210089

Lot Size5,196 sq ft (0.119 ac)

Lot Dimensions (est.)122 ft wide × 43 ft deep

Year Built1919

Property ClassRESIDENTIAL

OwnerARLISE L CRAWFORD

Assessed Value$245,000

Land Value$95,000

Building Value$150,000

Annual Tax$0

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 ↗

Cultural District — 38th StreetHigh

Within the 38th Street Cultural District — eligible for Great Streets priority financing and cultural district-specific CPED programs.

Minneapolis — Cultural Districts ↗

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

Bancroft · Minneapolis

Median reported rent1,152/mo

Renter-occupied30.0%

Median home value$271K

Vacancy rate2.9%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 96

Market Snapshot

Zip code 55407

Median sale price$340K+1.5% YoY

Median price / sqft$214/sqft

Median days to close22 days

Active listings49

Source: Redfin Data Center (Invalid Date) · Zip 55407

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 width32 ft

Buildable depth84 ft

Area~2,673 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 2,673 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3820 ELLIOT AVE MINNEAPOLIS MN 55407	ANDREA M STEARNS	RESIDENTIAL	$346,000	42 ft
3812 ELLIOT AVE MINNEAPOLIS MN 55407	S P JOHNSON & J L JOHNSON	RESIDENTIAL	$276,000	43 ft
3808 ELLIOT AVE MINNEAPOLIS MN 55407	J HAMPTON & M HAMPTON	RESIDENTIAL	$301,000	85 ft
3824 ELLIOT AVE MINNEAPOLIS MN 55407	SAOIRSE DUNGAN/JOSE TELLEZ	RESIDENTIAL	$278,700	85 ft
3804 ELLIOT AVE MINNEAPOLIS MN 55407	JARED FRANDSON	RESIDENTIAL	$379,900	126 ft
3828 ELLIOT AVE MINNEAPOLIS MN 55407	BARBARA L GUTTMAN	RESIDENTIAL	$262,000	127 ft
3817 CHICAGO AVE MINNEAPOLIS MN 55407	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	134 ft
3813 CHICAGO AVE MINNEAPOLIS MN 55407	ANNA BONGIOVANNI ET AL	RESIDENTIAL	$345,300	141 ft
3821 CHICAGO AVE MINNEAPOLIS MN 55407	MARK B FELIEN SR	RESIDENTIAL-TWO UNIT	$250,500	141 ft
3829 CHICAGO AVE MINNEAPOLIS MN 55407	GLORIA R BURNETT	RESIDENTIAL	$231,800	159 ft

Property History

Most Recent Sale

Date198908

Price$53,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$0