4829 ELLIOT AVE MINNEAPOLIS MN 55417

PID: 1402824240041

Property Overview

Parcel ID1402824240041

Lot Size6,372 sq ft (0.146 ac)

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

Year Built1927

Property ClassRESIDENTIAL

OwnerNELDA B RICHARDSON

Assessed Value$492,700

Land Value$220,000

Building Value$272,700

Annual Tax$7,567

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

3 permits on record since 2017 · $17K total declared value · Most recent: Jun 2020 (remodel)

RemodelJun 2020Closed

$5K

ALL ENERGY SOLAR INC

RemodelMar 2017Closed

$11K

PETER HALL CONSTRUCTION INC

ResJan 2017Closed

CENTERPOINT ENERGY

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

Neighborhood Profile

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 depth87 ft

Area~3,496 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 3,496 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
4833 ELLIOT AVE MINNEAPOLIS MN 55417	D D SELBERG & J D SELBERG	RESIDENTIAL	$613,600	50 ft
4825 ELLIOT AVE MINNEAPOLIS MN 55417	S A PERSONS & C ERTZ	RESIDENTIAL	$522,300	50 ft
4837 ELLIOT AVE MINNEAPOLIS MN 55417	STEVEN R & ANDREA L LITTLE	RESIDENTIAL	$503,200	100 ft
4821 ELLIOT AVE MINNEAPOLIS MN 55417	IRVIN & HEIDI GRIKA TRUST	RESIDENTIAL	$393,600	100 ft
4828 10TH AVE S MINNEAPOLIS MN 55417	M D BENSON & K M BENSON	RESIDENTIAL	$491,900	141 ft
4824 10TH AVE S MINNEAPOLIS MN 55417	BARBARA K SLETTEN	RESIDENTIAL	$571,800	150 ft
4832 10TH AVE S MINNEAPOLIS MN 55417	MEAGAN RETTERATH/M RETTERATH	RESIDENTIAL	$729,000	150 ft
4841 ELLIOT AVE MINNEAPOLIS MN 55417	S A ELLISON & C R ANDERSON	RESIDENTIAL	$594,000	150 ft
4817 ELLIOT AVE MINNEAPOLIS MN 55417	J SHOTTS & J ASPENGREN	RESIDENTIAL	$518,000	150 ft
4820 10TH AVE S MINNEAPOLIS MN 55417	DAVID & ELIZABETH GOTTSCHALK	RESIDENTIAL	$565,600	173 ft

Property History

Current Tax Year

Year2026

Tax Due$7,567