4251 ELLIOT AVE MINNEAPOLIS MN 55407

PID: 1102824310189

Property Overview

Parcel ID1102824310189

Lot Size4,210 sq ft (0.097 ac)

Lot Dimensions (est.)125 ft wide × 34 ft deep

Year Built1967

Property ClassRESIDENTIAL

OwnerSYLVESTER D RHINES

Assessed Value$291,800

Land Value$104,000

Building Value$187,800

Annual Tax$4,216

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

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 width24 ft

Buildable depth84 ft

Area~2,012 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 2,012 sqft buildable area.

Est. units

Yield on cost

1.7%

Spread

-3.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4255 ELLIOT AVE MINNEAPOLIS MN 55407	MICHAEL A MARCHAND	RESIDENTIAL	$401,200	34 ft
4247 ELLIOT AVE MINNEAPOLIS MN 55407	J M WENSTROM & S L EBERLE	RESIDENTIAL	$278,600	34 ft
4259 ELLIOT AVE MINNEAPOLIS MN 55407	K N GURDA & ERIN E GURDA	RESIDENTIAL	$380,100	67 ft
4241 ELLIOT AVE MINNEAPOLIS MN 55407	CHRISTIAN A PETERSON	RESIDENTIAL	$299,000	73 ft
4237 ELLIOT AVE MINNEAPOLIS MN 55407	S J HALDER & E L HALDER	RESIDENTIAL	$375,600	115 ft
4248 10TH AVE S MINNEAPOLIS MN 55407	J S CLAUSSEN & A M CLAUSSEN	RESIDENTIAL	$305,700	140 ft
4244 10TH AVE S MINNEAPOLIS MN 55407	J S BERNARD & L M BERNARD	RESIDENTIAL	$342,800	142 ft
4252 10TH AVE S MINNEAPOLIS MN 55407	BARBER SAILER REV LIV TRUST	RESIDENTIAL	$378,400	152 ft
4233 ELLIOT AVE MINNEAPOLIS MN 55407	MARY G HARDY	RESIDENTIAL	$397,400	155 ft
4240 10TH AVE S MINNEAPOLIS MN 55407	J MAPLE & J P MAPLE	RESIDENTIAL	$393,300	157 ft

Property History

Most Recent Sale

Date199301

Price$74,900

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,216