4001 ELLIOT AVE MINNEAPOLIS MN 55407

PID: 1102824240148

Property Overview

Parcel ID1102824240148

Lot Size2,988 sq ft (0.069 ac)

Lot Dimensions (est.)75 ft wide × 40 ft deep

Year Built1917

Property ClassRESIDENTIAL

OwnerTAYLOR GROENKE & BRIAN ACKER

Assessed Value$284,800

Land Value$70,000

Building Value$214,800

Annual Tax$4,100

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2017 · $47K total declared value · Most recent: Aug 2024 (existres)

ExistresAug 2024Closed

Pronto Heating & Air Conditioning Inc

MiscApr 2024Closed

$14K

eRoof LLC

MiscApr 2024Closed

$33K

eRoof LLC

ResJan 2024Closed

Ron the Sewer Rat Inc

ResJan 2017Closed

CENTERPOINT ENERGY

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

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 width62 ft

Buildable depth0 ft

Area~937 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 937 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
4005 ELLIOT AVE MINNEAPOLIS MN 55407	STEPHEN R BARRETTE	RESIDENTIAL	$271,500	47 ft
911 40TH ST E MINNEAPOLIS MN 55407	ELOY REYES GARCIA	RESIDENTIAL	$225,200	62 ft
4009 ELLIOT AVE MINNEAPOLIS MN 55407	DANNY LINDSEY/SARAH LINDSEY	RESIDENTIAL	$294,000	84 ft
3953 ELLIOT AVE MINNEAPOLIS MN 55407	ELLIOT CAPITAL LLC	APARTMENT	$77,500	110 ft
4015 ELLIOT AVE MINNEAPOLIS MN 55407	S M DUBVAA/N J HUGHES-DUBVAA	RESIDENTIAL	$273,300	123 ft
3949 ELLIOT AVE MINNEAPOLIS MN 55407	ELLIOT CAPITAL LLC	APARTMENT	$517,000	152 ft
4000 ELLIOT AVE MINNEAPOLIS MN 55407	MORGEN CHANG & BRYAN PYLE	RESIDENTIAL	$249,000	158 ft
4017 ELLIOT AVE MINNEAPOLIS MN 55407	E JOHANSEN & S S JOHANSEN	RESIDENTIAL	$284,000	162 ft
4004 ELLIOT AVE MINNEAPOLIS MN 55407	S B TROY & N K ROCKSWOLD	RESIDENTIAL	$294,900	163 ft
4000 10TH AVE S MINNEAPOLIS MN 55407	TENTH CAPITAL LLC	RESIDENTIAL-TWO UNIT	$382,600	163 ft

Property History

Most Recent Sale

Date202205

Price$295,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,100