5032 11TH AVE S MINNEAPOLIS MN 55417

PID: 1402824310026

Property Overview

Parcel ID1402824310026

Lot Size5,035 sq ft (0.116 ac)

Lot Dimensions (est.)137 ft wide × 37 ft deep

Year Built1931

Property ClassRESIDENTIAL

OwnerPAUL CHRISTIAN STEINER ET AL

Assessed Value$443,000

Land Value$174,000

Building Value$269,000

Annual Tax$6,738

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 2018 · $14K total declared value · Most recent: Oct 2023 (misc)

MiscOct 2023Closed

$8K

CRAFTSMEN HOME IMPROVEMENT INC

MiscOct 2019Closed

$3K

Holmlund Masonry Inc

MiscApr 2018Closed

$3K

THINK STUCCO

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

Neighborhood Profile

Hale · 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 width30 ft

Buildable depth86 ft

Area~2,587 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 2,587 sqft buildable area.

Est. units

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5028 11TH AVE S MINNEAPOLIS MN 55417	MARK L BESSER ETAL	RESIDENTIAL	$459,700	37 ft
5036 11TH AVE S MINNEAPOLIS MN 55417	ERIK WESTMAN	RESIDENTIAL	$589,700	38 ft
5024 11TH AVE S MINNEAPOLIS MN 55417	MARTHA L NORBY	RESIDENTIAL	$454,400	75 ft
5040 11TH AVE S MINNEAPOLIS MN 55417	L HANSMANN & A HANSMANN	RESIDENTIAL	$566,600	75 ft
1012 51ST ST E MINNEAPOLIS MN 55417	G M OLSON & L L H OLSON	RESIDENTIAL	$513,700	110 ft
5020 11TH AVE S MINNEAPOLIS MN 55417	T P & C E MCMANUS	RESIDENTIAL	$400,400	111 ft
5044 11TH AVE S MINNEAPOLIS MN 55417	P M NAGELL & K JACOBSON	RESIDENTIAL	$433,900	113 ft
1008 51ST ST E MINNEAPOLIS MN 55417	C SCHAFFHAUSEN/A HART	RESIDENTIAL	$627,700	145 ft
5016 11TH AVE S MINNEAPOLIS MN 55417	DAVID E BLANKERS	RESIDENTIAL	$407,500	147 ft
5027 11TH AVE S MINNEAPOLIS MN 55417	J R SWEENEY & M D SWEENEY	RESIDENTIAL	$481,400	187 ft

Property History

Most Recent Sale

Date199307

Price$115,900

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$6,738