4053 ELLIOT AVE MINNEAPOLIS MN 55407

PID: 1102824240134

Property Overview

Parcel ID1102824240134

Lot Size4,984 sq ft (0.114 ac)

Lot Dimensions (est.)124 ft wide × 40 ft deep

Year Built1916

Property ClassRESIDENTIAL

OwnerCHRISTOPHER H MACLEOD TRUST

Assessed Value$380,500

Land Value$93,000

Building Value$287,500

Annual Tax$5,696

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

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

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 width111 ft

Buildable depth0 ft

Area~2,284 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 sfr / adu benchmarks for 2,284 sqft buildable area.

Est. units

Yield on cost

1.6%

Spread

-3.9%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4057 ELLIOT AVE MINNEAPOLIS MN 55407	ABDIRAHMAN AFI ADAM	RESIDENTIAL	$182,000	37 ft
4049 ELLIOT AVE MINNEAPOLIS MN 55407	BRIAN P ELLIS/AMANDA R KALER	RESIDENTIAL	$424,000	40 ft
4045 ELLIOT AVE MINNEAPOLIS MN 55407	STEVEN BRADLEY KIENITZ	RESIDENTIAL	$366,300	80 ft
4041 ELLIOT AVE MINNEAPOLIS MN 55407	ROBERT E HILL & WIFE	RESIDENTIAL	$354,900	120 ft
4101 ELLIOT AVE MINNEAPOLIS MN 55407	MARSHALL PAULSEN	RESIDENTIAL	$318,000	135 ft
4052 10TH AVE S MINNEAPOLIS MN 55407	J JONGSMA & J JONGSMA	RESIDENTIAL	$387,000	138 ft
4056 10TH AVE S MINNEAPOLIS MN 55407	CHUE LEE	RESIDENTIAL	$295,000	143 ft
4048 10TH AVE S MINNEAPOLIS MN 55407	RICHARD D MARTIN & WIFE	RESIDENTIAL	$383,000	144 ft
4044 10TH AVE S MINNEAPOLIS MN 55407	DAVID S CLINE	RESIDENTIAL	$368,700	160 ft
4037 ELLIOT AVE MINNEAPOLIS MN 55407	M R EILTS & J R EILTS	RESIDENTIAL	$454,000	160 ft

Property History

Most Recent Sale

Date201503

Price$246,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,696