4305 ELLIOT AVE MINNEAPOLIS MN 55407

PID: 1102824310172

Property Overview

Parcel ID1102824310172

Lot Size4,637 sq ft (0.106 ac)

Lot Dimensions (est.)125 ft wide × 37 ft deep

Year Built1917

Property ClassRESIDENTIAL-TWO UNIT

OwnerPATRICIA ANN PARNOW

Assessed Value$398,700

Land Value$109,000

Building Value$289,700

Annual Tax$5,999

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

5 permits on record since 2017 · $20K total declared value · Most recent: Aug 2024 (misc)

MiscAug 2024Closed

$5K

THE HOME DEPOT

MiscNov 2023Closed

$15K

American Roofing & Siding

ResOct 2020Closed

Warners Stellian Co Inc

ResNov 2017Closed

UPTOWN PLUMBING HEATING AND COOLING

ResSep 2017Closed

Ryan Plumbing And Heating Co

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

Neighborhood Profile

Northrop · Minneapolis

Median reported rent1,090/mo

Renter-occupied19.0%

Median home value$334K

Vacancy rate0.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 110

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width27 ft

Buildable depth85 ft

Area~2,303 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 sfr / adu benchmarks for 2,303 sqft buildable area.

Est. units

Yield on cost

1.5%

Spread

-4.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4309 ELLIOT AVE MINNEAPOLIS MN 55407	J FISCHER & D D HOFLAND	RESIDENTIAL	$288,200	37 ft
4301 ELLIOT AVE MINNEAPOLIS MN 55407	JUSTIN FOSS/VICTORIA JANICKI	RESIDENTIAL	$325,600	39 ft
4311 ELLIOT AVE MINNEAPOLIS MN 55407	J R KURTZ & S M HARRINGTON	RESIDENTIAL	$356,200	74 ft
4315 ELLIOT AVE MINNEAPOLIS MN 55407	R A N GUTMAN & M A GUTMAN	RESIDENTIAL	$622,500	111 ft
4259 ELLIOT AVE MINNEAPOLIS MN 55407	K N GURDA & ERIN E GURDA	RESIDENTIAL	$380,100	136 ft
4304 10TH AVE S MINNEAPOLIS MN 55407	R GRITTINGER & E ALDRICH	RESIDENTIAL	$272,500	139 ft
4300 10TH AVE S MINNEAPOLIS MN 55407	MARK T RUONA	RESIDENTIAL	$287,800	144 ft
4308 10TH AVE S MINNEAPOLIS MN 55407	MICHAEL S & JOYCE M BRITTON	RESIDENTIAL	$284,100	144 ft
4317 ELLIOT AVE MINNEAPOLIS MN 55407	M BOWMAN & J M JULIN	RESIDENTIAL	$299,000	148 ft
4312 10TH AVE S MINNEAPOLIS MN 55407	STEPHEN P RATEAU	RESIDENTIAL	$280,200	157 ft

Property History

Current Tax Year

Year2026

Tax Due$5,999