4700 ELLIOT AVE MINNEAPOLIS MN 55407

PID: 1402824210077

Property Overview

Parcel ID1402824210077

Lot Size6,182 sq ft (0.142 ac)

Lot Dimensions (est.)124 ft wide × 50 ft deep

Year Built1939

Property ClassRESIDENTIAL

OwnerZACKARY MAIN

Assessed Value$531,800

Land Value$212,000

Building Value$319,800

Annual Tax$8,313

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

10 permits on record since 2017 · $55K total declared value · Most recent: Nov 2025 (misc)

MiscNov 2025Closed

$16K

KAUFMAN SHEET METAL ROOFING INC

MiscJun 2022Closed

$5K

NASSIOS SERVICES LLC

ExistresMay 2022Closed

Mike's Custom Mechanical Inc

RemodelMar 2022Closed

$23K

NASSIOS SERVICES LLC

ResMar 2022Closed

Elias Plumbing LLC

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

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 depth10 ft

Area~3,093 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 3,093 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4704 ELLIOT AVE MINNEAPOLIS MN 55407	ROBERT A POWELL	RESIDENTIAL	$483,400	50 ft
4708 ELLIOT AVE MINNEAPOLIS MN 55407	R L COCHRAN III/S D COCHRAN	RESIDENTIAL	$453,300	100 ft
4701 CHICAGO AVE MINNEAPOLIS MN 55407	WINGS FINANCIAL CREDIT UNION	COMMERCIAL-PREFERRED	$1,021,000	137 ft
4705 CHICAGO AVE MINNEAPOLIS MN 55407	CITY-COUNTY FED CREDIT UNION	LAND-COMMERCIAL	$86,400	146 ft
4712 ELLIOT AVE MINNEAPOLIS MN 55407	PEGGY KOHL	RESIDENTIAL	$470,500	150 ft
4709 CHICAGO AVE MINNEAPOLIS MN 55407	CITY-COUNTY FED CREDIT UNION	LAND-COMMERCIAL	$86,400	170 ft
4653 CHICAGO AVE MINNEAPOLIS MN 55407	RAYMOND N WELTER JR ET AL	COMMERCIAL-PREFERRED	$367,000	185 ft
4701 ELLIOT AVE MINNEAPOLIS MN 55407	MATTHEW D DIETTE	RESIDENTIAL	$470,200	185 ft
4705 ELLIOT AVE MINNEAPOLIS MN 55407	M KITTOCK & B PIERCE	RESIDENTIAL	$551,500	191 ft
4716 ELLIOT AVE MINNEAPOLIS MN 55407	J KILPATRICK & K KILPATRICK	RESIDENTIAL	$483,400	200 ft

Property History

Most Recent Sale

Date202208

Price$523,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,313