4948 ELLIOT AVE MINNEAPOLIS MN 55417

PID: 1402824240165

Property Overview

Parcel ID1402824240165

Lot Size6,210 sq ft (0.143 ac)

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

Year Built1935

Property ClassRESIDENTIAL

OwnerAGNES DINGER TRUST

Assessed Value$517,300

Land Value$217,000

Building Value$300,300

Annual Tax$8,038

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2019 · $28K total declared value · Most recent: Jan 2026 (existres)

ExistresJan 2026Closed

Binder Heating and Air Conditioning Inc

ResJan 2024Closed

Warners Stellian Co Inc

MiscAug 2020Closed

$4K

Safe Basements of MN

ExistresJan 2020Closed

Logan Companies

ResJan 2020Closed

Dana Hoagland Plumbing 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

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 width40 ft

Buildable depth84 ft

Area~3,368 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 3,368 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4944 ELLIOT AVE MINNEAPOLIS MN 55417	JOHN F MILITELLO ET AL	RESIDENTIAL	$469,200	50 ft
4952 ELLIOT AVE MINNEAPOLIS MN 55417	J W HUSTLEBY & R O HUSTLEBY	RESIDENTIAL	$377,000	50 ft
4940 ELLIOT AVE MINNEAPOLIS MN 55417	R A ROTH & D A ASHWORTH	RESIDENTIAL	$497,500	100 ft
4949 CHICAGO AVE MINNEAPOLIS MN 55417	M JOLICOEUR & K JOLICOEUR	RESIDENTIAL	$492,400	138 ft
4945 CHICAGO AVE MINNEAPOLIS MN 55417	NICHOLAS G & SONIA N HOULE	APARTMENT	$621,000	146 ft
5001 CHICAGO AVE MINNEAPOLIS MN 55417	INT'L HOME & OFFICE LLC	RESIDENTIAL-TWO UNIT	$564,300	147 ft
4936 ELLIOT AVE MINNEAPOLIS MN 55417	I THEISSEN & K THEISSEN	RESIDENTIAL	$580,500	150 ft
820 E MINNEHAHA PKWY MINNEAPOLIS MN 55417	D P BOWLING & B KEE-BOWLING	RESIDENTIAL	$745,900	159 ft
814 E MINNEHAHA PKWY MINNEAPOLIS MN 55417	E SCHLOTTERBECK/J P O CONNER	RESIDENTIAL	$761,000	162 ft
4941 CHICAGO AVE MINNEAPOLIS MN 55417	ANNE WHITEHOUSE	RESIDENTIAL-TWO UNIT	$559,900	170 ft

Property History

Most Recent Sale

Date201310

Price$400,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,038