5131 ELLIOT AVE MINNEAPOLIS MN 55417

PID: 1402824310083

Property Overview

Parcel ID1402824310083

Lot Size5,091 sq ft (0.117 ac)

Lot Dimensions (est.)127 ft wide × 40 ft deep

Year Built1923

Property ClassRESIDENTIAL

OwnerKARA L LOMBARD

Assessed Value$372,300

Land Value$177,000

Building Value$195,300

Annual Tax$5,560

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

5 permits on record since 2019 · $20K total declared value · Most recent: Jan 2026 (misc)

MiscJan 2026Final Inspection

$8K

Paris Roofing LLC

AdditionMar 2022Closed

$7K

HOME PRO AMERICA LLC

ResDec 2020Closed

ED'S PLUMBING AND HEATING

MiscNov 2019Closed

$5K

NORTHRUP REMODELING

ResOct 2019Closed

Linn Star Transfer 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

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 depth87 ft

Area~2,617 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 2,617 sqft buildable area.

Est. units

Yield on cost

2.5%

Spread

-3.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5135 ELLIOT AVE MINNEAPOLIS MN 55417	E BLANKENHEIM & M JOHNSON	RESIDENTIAL	$446,900	40 ft
5127 ELLIOT AVE MINNEAPOLIS MN 55417	MATTHEW BOTTKOL	RESIDENTIAL	$452,500	40 ft
5139 ELLIOT AVE MINNEAPOLIS MN 55417	DOUGLAS A ANDERSON	RESIDENTIAL	$534,800	80 ft
5123 ELLIOT AVE MINNEAPOLIS MN 55417	J K & W A HINCK TRUSTEES	RESIDENTIAL	$429,800	80 ft
5143 ELLIOT AVE MINNEAPOLIS MN 55417	JACQUELINE UPHOFF	RESIDENTIAL	$409,500	120 ft
5119 ELLIOT AVE MINNEAPOLIS MN 55417	J M NORTON & L M NORTON	RESIDENTIAL	$560,600	120 ft
5120 10TH AVE S MINNEAPOLIS MN 55417	W M KUHBANDER/C L KUHBANDER	RESIDENTIAL	$524,500	141 ft
5116 10TH AVE S MINNEAPOLIS MN 55417	M M HASTINGS & J HASTINGS	RESIDENTIAL	$646,000	147 ft
5124 10TH AVE S MINNEAPOLIS MN 55417	L A PETERSON/K A PETERSON	RESIDENTIAL	$437,900	147 ft
5147 ELLIOT AVE MINNEAPOLIS MN 55417	J C ELY & D A DANTONA	RESIDENTIAL	$443,600	160 ft

Property History

Most Recent Sale

Date199602

Price$92,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$5,560