4328 ELLIOT AVE MINNEAPOLIS MN 55407

PID: 1102824310213

Property Overview

Parcel ID1102824310213

Lot Size5,210 sq ft (0.120 ac)

Lot Dimensions (est.)123 ft wide × 42 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerEMMA RUTH THOMSON

Assessed Value$299,300

Land Value$115,000

Building Value$184,300

Annual Tax$4,342

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

4 permits on record since 2024 · $31K total declared value · Most recent: May 2026 (remodel)

RemodelMay 2026Inspection

$2K

AMERICAN WATERWORKS

ExistresOct 2025Inspection

Home Energy Center Inc

MiscNov 2024Closed

$10K

1ST TEAM EXTERIORS

MiscJul 2024Closed

$18K

1ST TEAM EXTERIORS

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

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~2,685 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 2,685 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4332 ELLIOT AVE MINNEAPOLIS MN 55407	LAWRENCE D COOLEY	RESIDENTIAL	$317,200	42 ft
4324 ELLIOT AVE MINNEAPOLIS MN 55407	BROOK LEABO/SAMUEL THOMPSON	RESIDENTIAL	$305,700	58 ft
4336 ELLIOT AVE MINNEAPOLIS MN 55407	CINDI JO BRATTON	RESIDENTIAL	$305,300	85 ft
4320 ELLIOT AVE MINNEAPOLIS MN 55407	JOHN PATRICK FITZGIBBONS	RESIDENTIAL	$253,000	114 ft
4340 ELLIOT AVE MINNEAPOLIS MN 55407	NEWTON SMITH	RESIDENTIAL	$316,100	127 ft
4323 CHICAGO AVE MINNEAPOLIS MN 55407	CUBBIES PROPERTIES INC	COMMERCIAL-PREFERRED	$2,015,000	135 ft
4314 ELLIOT AVE MINNEAPOLIS MN 55407	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	151 ft
4344 ELLIOT AVE MINNEAPOLIS MN 55407	JONATHAN J MITCHELL	RESIDENTIAL	$304,600	170 ft
4329 ELLIOT AVE MINNEAPOLIS MN 55407	TIMOTHY K LUONG	RESIDENTIAL	$355,700	184 ft
4333 ELLIOT AVE MINNEAPOLIS MN 55407	HANS HEBL & KARA M JOHNSON	RESIDENTIAL	$372,400	188 ft

Property History

Most Recent Sale

Date202105

Price$285,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,342