4840 10TH AVE S MINNEAPOLIS MN 55417

PID: 1402824240035

Property Overview

Parcel ID1402824240035

Lot Size6,376 sq ft (0.146 ac)

Lot Dimensions (est.)127 ft wide × 50 ft deep

Year Built1927

Property ClassRESIDENTIAL

OwnerD W BACKMAN & C C BACKMAN

Assessed Value$476,900

Land Value$220,000

Building Value$256,900

Annual Tax$7,304

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

8 permits on record since 2007 · $128K total declared value · Most recent: Jun 2025 (res)

ResJun 2025Closed

Twin City Fireplace & Stone Company

ResMar 2025Inspection

Twin City Fireplace & Stone Company

ExistresSep 2024Closed

Farr Plumbing and Heating LLC

MiscJan 2024Expired

$33K

SCHERER BROTHERS LUMBER CO

MiscJul 2023Closed

$20K

KAUFMAN SHEET METAL ROOFING INC

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

Neighborhood Profile

Northrop · Minneapolis

Median reported rent1,991/mo

Renter-occupied11.2%

Median home value$420K

Vacancy rate5.4%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 117.03

Market Snapshot

Zip code 55417

Median sale price$371K-4.4% YoY

Median price / sqft$244/sqft

Median days to close34 days

Active listings28

Source: Redfin Data Center (Invalid Date) · Zip 55417

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 width40 ft

Buildable depth88 ft

Area~3,499 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 3,499 sqft buildable area.

Est. units

Yield on cost

1.9%

Spread

-3.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4844 10TH AVE S MINNEAPOLIS MN 55417	F & B STELMASIK	RESIDENTIAL	$480,400	49 ft
4836 10TH AVE S MINNEAPOLIS MN 55417	B ROBERTS & M ROBERTS	RESIDENTIAL	$569,300	50 ft
4832 10TH AVE S MINNEAPOLIS MN 55417	MEAGAN RETTERATH/M RETTERATH	RESIDENTIAL	$729,000	100 ft
4841 ELLIOT AVE MINNEAPOLIS MN 55417	S A ELLISON & C R ANDERSON	RESIDENTIAL	$594,000	141 ft
4828 10TH AVE S MINNEAPOLIS MN 55417	M D BENSON & K M BENSON	RESIDENTIAL	$491,900	150 ft
4845 ELLIOT AVE MINNEAPOLIS MN 55417	MICHAEL DAMAN & MEGAN DAMAN	RESIDENTIAL	$616,400	150 ft
4837 ELLIOT AVE MINNEAPOLIS MN 55417	STEVEN R & ANDREA L LITTLE	RESIDENTIAL	$503,200	150 ft
4900 10TH AVE S MINNEAPOLIS MN 55417	KURT J & SANDRA A OBERMILLER	RESIDENTIAL	$485,200	158 ft
4833 ELLIOT AVE MINNEAPOLIS MN 55417	D D SELBERG & J D SELBERG	RESIDENTIAL	$613,600	173 ft
4841 10TH AVE S MINNEAPOLIS MN 55417	MARY L RAGSDALE	RESIDENTIAL	$536,100	193 ft

Property History

Most Recent Sale

Date198712

Price$110,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$7,304