815 51ST ST E MINNEAPOLIS MN 55417

PID: 1402824310035

Property Overview

Parcel ID1402824310035

Lot Size10,518 sq ft (0.241 ac)

Lot Dimensions (est.)124 ft wide × 85 ft deep

Year Built1951

Property ClassRESIDENTIAL-TWO UNIT

OwnerM BOTTKOL & J BOTTKOL

Assessed Value$658,800

Land Value$266,000

Building Value$392,800

Annual Tax$10,715

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 2019 · $4K total declared value · Most recent: Nov 2023 (res)

ResNov 2023Closed

4Front Energy Solutions Inc

ResDec 2021Closed

SERVICE STAR PLUMBING LLC

MiscMay 2019Closed

$4K

LAKEWOODS REMODELING INC

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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Estimated · verify frontage

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width111 ft

Buildable depth45 ft

Area~3,763 sqft

Corner-lot envelopes may require contextual setback review and should be treated as planning estimates.

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 3,763 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5114 ELLIOT AVE MINNEAPOLIS MN 55417	WADE E SUSEE & N S SIDDIQUI	RESIDENTIAL	$865,000	80 ft
5128 ELLIOT AVE MINNEAPOLIS MN 55417	A LANDRY & K A LANDRY	RESIDENTIAL	$812,000	138 ft
5115 CHICAGO AVE MINNEAPOLIS MN 55417	MOLLY HILLSTROM	TRIPLEX	$700,400	139 ft
5123 CHICAGO AVE MINNEAPOLIS MN 55417	PINEWOOD LLC	RESIDENTIAL	$251,000	168 ft
5132 ELLIOT AVE MINNEAPOLIS MN 55417	M SCHNITZER & S SCHNITZER	RESIDENTIAL	$359,900	178 ft
5101 ELLIOT AVE MINNEAPOLIS MN 55417	S A ANDERSON-HERMANN ET AL	RESIDENTIAL	$745,700	185 ft
5127 CHICAGO AVE MINNEAPOLIS MN 55417	NANCY J FLETCHER	RESIDENTIAL	$243,000	194 ft
5119 ELLIOT AVE MINNEAPOLIS MN 55417	J M NORTON & L M NORTON	RESIDENTIAL	$560,600	194 ft
5123 ELLIOT AVE MINNEAPOLIS MN 55417	J K & W A HINCK TRUSTEES	RESIDENTIAL	$429,800	209 ft
5136 ELLIOT AVE MINNEAPOLIS MN 55417	PAUL D TRIEU	RESIDENTIAL	$288,300	217 ft

Property History

Most Recent Sale

Date202111

Price$640,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$10,715