5114 ELLIOT AVE MINNEAPOLIS MN 55417

PID: 1402824310036

Property Overview

Parcel ID1402824310036

Lot Size9,288 sq ft (0.213 ac)

Lot Dimensions (est.)124 ft wide × 75 ft deep

Year Built2011

Property ClassRESIDENTIAL

OwnerWADE E SUSEE & N S SIDDIQUI

Assessed Value$865,000

Land Value$225,000

Building Value$640,000

Annual Tax$14,616

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2019 · $142K total declared value · Most recent: Jun 2025 (res)

ResJun 2025Inspection

Warners Stellian Co Inc

ExistresDec 2022Closed

Perfection Heating and Air Conditioning Inc

RemodelDec 2022Closed

$56K

WHITE CRANE CONSTRUCTION

ExistresFeb 2020Closed

Janecky Plumbing Service Inc

ResDec 2019Closed

FIRESIDE HEARTH AND HOME

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width65 ft

Buildable depth84 ft

Area~5,446 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 5,446 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5128 ELLIOT AVE MINNEAPOLIS MN 55417	A LANDRY & K A LANDRY	RESIDENTIAL	$812,000	58 ft
815 51ST ST E MINNEAPOLIS MN 55417	M BOTTKOL & J BOTTKOL	RESIDENTIAL-TWO UNIT	$658,800	80 ft
5132 ELLIOT AVE MINNEAPOLIS MN 55417	M SCHNITZER & S SCHNITZER	RESIDENTIAL	$359,900	98 ft
5136 ELLIOT AVE MINNEAPOLIS MN 55417	PAUL D TRIEU	RESIDENTIAL	$288,300	138 ft
5123 CHICAGO AVE MINNEAPOLIS MN 55417	PINEWOOD LLC	RESIDENTIAL	$251,000	139 ft
5127 CHICAGO AVE MINNEAPOLIS MN 55417	NANCY J FLETCHER	RESIDENTIAL	$243,000	149 ft
5115 CHICAGO AVE MINNEAPOLIS MN 55417	MOLLY HILLSTROM	TRIPLEX	$700,400	151 ft
5140 ELLIOT AVE MINNEAPOLIS MN 55417	B M OSBORN & WENDY C OSBORN	RESIDENTIAL	$859,100	178 ft
5135 CHICAGO AVE MINNEAPOLIS MN 55417	MARISSA SHELVER	RESIDENTIAL	$478,200	181 ft
5123 ELLIOT AVE MINNEAPOLIS MN 55417	J K & W A HINCK TRUSTEES	RESIDENTIAL	$429,800	186 ft

Property History

Most Recent Sale

Date201508

Price$578,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$14,616