4805 ELLIOT AVE MINNEAPOLIS MN 55417

PID: 1402824240047

Property Overview

Parcel ID1402824240047

Lot Size6,364 sq ft (0.146 ac)

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

Year Built1928

Property ClassRESIDENTIAL

OwnerT J MARXHAUSEN & C L LARSON

Assessed Value$479,600

Land Value$220,000

Building Value$259,600

Annual Tax$8,440

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

1 permit on record since 2017 · Most recent: Jan 2017 (res)

ResJan 2017Closed

CENTERPOINT ENERGY

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 depth87 ft

Area~3,490 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 3,490 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
4809 ELLIOT AVE MINNEAPOLIS MN 55417	MELISSA ANNE ERICKSON	RESIDENTIAL	$597,300	50 ft
4801 ELLIOT AVE MINNEAPOLIS MN 55417	SUSAN DENISE TRENT	RESIDENTIAL	$550,500	50 ft
4815 ELLIOT AVE MINNEAPOLIS MN 55417	M MCBRIDE & M MCBRIDE	RESIDENTIAL	$418,500	100 ft
4804 10TH AVE S MINNEAPOLIS MN 55417	E P DUNN & J T WENTINK JR	RESIDENTIAL	$614,000	141 ft
4800 10TH AVE S MINNEAPOLIS MN 55417	SHARON K HUNDLEY	RESIDENTIAL	$556,700	150 ft
4808 10TH AVE S MINNEAPOLIS MN 55417	GREGG K MAST & KARIS F MAST	RESIDENTIAL	$567,600	150 ft
4817 ELLIOT AVE MINNEAPOLIS MN 55417	J SHOTTS & J ASPENGREN	RESIDENTIAL	$518,000	150 ft
4745 ELLIOT AVE MINNEAPOLIS MN 55407	LISA C COWLEY TRUST	RESIDENTIAL	$506,800	159 ft
4812 10TH AVE S MINNEAPOLIS MN 55417	T H HOOD & S A DRAHOS HOOD	RESIDENTIAL	$539,100	173 ft
4804 ELLIOT AVE MINNEAPOLIS MN 55417	ALISON ARTH	RESIDENTIAL	$544,300	185 ft

Property History

Most Recent Sale

Date199203

Price$142,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$8,440