5151 11TH AVE S MINNEAPOLIS MN 55417

PID: 1402824310130

Property Overview

Parcel ID1402824310130

Lot Size6,796 sq ft (0.156 ac)

Lot Dimensions (est.)123 ft wide × 55 ft deep

Year Built1955

Property ClassRESIDENTIAL

OwnerARDETH A ARNESON

Assessed Value$412,700

Land Value$195,000

Building Value$217,700

Annual Tax$6,233

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 2017 · $3K total declared value · Most recent: May 2021 (misc)

MiscMay 2021Closed

$3K

Innovative Basement Authority

ResJan 2017Closed

CENTERPOINT ENERGY

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 width45 ft

Buildable depth84 ft

Area~3,758 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 3,758 sqft buildable area.

Est. units

Yield on cost

2.8%

Spread

-2.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1104 52ND ST E MINNEAPOLIS MN 55417	SARAH SMALL & DAVID DUFFIELD	RESIDENTIAL	$402,300	53 ft
5145 11TH AVE S MINNEAPOLIS MN 55417	THOMAS J CALLAGHAN	RESIDENTIAL	$393,700	55 ft
5141 11TH AVE S MINNEAPOLIS MN 55417	JON E & AIMEE A CLIFFORD	RESIDENTIAL	$513,400	110 ft
5150 12TH AVE S MINNEAPOLIS MN 55417	JOHN D RODRIGUEZ	RESIDENTIAL	$526,500	137 ft
1120 52ND ST E MINNEAPOLIS MN 55417	MARSHALL B TOMAN	RESIDENTIAL	$450,600	147 ft
5144 12TH AVE S MINNEAPOLIS MN 55417	M BRISTOL & D BRISTOL TRSTES	RESIDENTIAL	$433,800	148 ft
5201 11TH AVE S MINNEAPOLIS MN 55417	J GREENBLATT & A JASWAL	RESIDENTIAL	$581,500	154 ft
5135 11TH AVE S MINNEAPOLIS MN 55417	THOMAS JEFFREY STEARNS	RESIDENTIAL	$378,100	165 ft
5140 12TH AVE S MINNEAPOLIS MN 55417	ERIN J MENNE/JULIAN A MENNE	RESIDENTIAL	$510,000	176 ft
5148 11TH AVE S MINNEAPOLIS MN 55417	TAYLOR SIMPSON	RESIDENTIAL	$414,600	186 ft

Property History

Current Tax Year

Year2026

Tax Due$6,233