5162 ELLIOT AVE MINNEAPOLIS MN 55417

PID: 1402824310046

Property Overview

Parcel ID1402824310046

Lot Size4,942 sq ft (0.113 ac)

Lot Dimensions (est.)123 ft wide × 40 ft deep

Year Built1947

Property ClassRESIDENTIAL

OwnerSHALENE ROONEY/PETER DANIELS

Assessed Value$389,600

Land Value$173,000

Building Value$216,600

Annual Tax$6,008

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

2 permits on record since 2022 · $5K total declared value · Most recent: Jan 2023 (res)

ResJan 2023Closed

Farr Plumbing and Heating LLC

RemodelSep 2022Expired

$5K

EGRESS WINDOW GUY

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 width30 ft

Buildable depth84 ft

Area~2,506 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 2,506 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5158 ELLIOT AVE MINNEAPOLIS MN 55417	JULI A KROLL/ANTHONY K MEYER	RESIDENTIAL	$401,300	40 ft
5166 ELLIOT AVE MINNEAPOLIS MN 55417	JOHN S GIESE	RESIDENTIAL	$370,600	40 ft
5156 ELLIOT AVE MINNEAPOLIS MN 55417	ERIC E SCHUCK	RESIDENTIAL	$375,000	80 ft
5152 ELLIOT AVE MINNEAPOLIS MN 55417	RYAN FAHEY & SARAH FAHEY	RESIDENTIAL	$373,600	120 ft
5167 CHICAGO AVE MINNEAPOLIS MN 55417	FIRST EVANGELICAL FREE CHURC	COMMERCIAL-PREFERRED	$0	137 ft
5202 ELLIOT AVE MINNEAPOLIS MN 55417	SAMUEL C CARLSON	RESIDENTIAL-TWO UNIT	$569,200	156 ft
5155 CHICAGO AVE MINNEAPOLIS MN 55417	FIRST EVANGELICAL FREE CHRCH	RESIDENTIAL	$0	159 ft
5148 ELLIOT AVE MINNEAPOLIS MN 55417	W M NELLIS & C A SERSLAND	RESIDENTIAL	$354,100	160 ft
5151 CHICAGO AVE MINNEAPOLIS MN 55417	FIRST EVANGELICAL FREE CHRCH	RESIDENTIAL	$0	183 ft
5163 ELLIOT AVE MINNEAPOLIS MN 55417	J A STORLIE/J J POIDINGER JR	RESIDENTIAL	$447,600	185 ft

Property History

Most Recent Sale

Date202006

Price$310,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,008