5218 10TH AVE S MINNEAPOLIS MN 55417

PID: 1402824340038

Property Overview

Parcel ID1402824340038

Lot Size5,070 sq ft (0.116 ac)

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

Year Built1930

Property ClassRESIDENTIAL

OwnerPATRICK SHUMAKER/EMILY FATE

Assessed Value$519,400

Land Value$172,000

Building Value$347,400

Annual Tax$8,078

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 2017 · $9K total declared value · Most recent: Dec 2021 (res)

ResDec 2021Closed

Master Plumbing Services LLC

MiscMay 2019Closed

$5K

CHARLIE'S ANGLES LLC

ResNov 2018Closed

CHAMPION PLUMBING LLC

AdditionMay 2018Closed

$4K

Matthew J Donnelly

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 width30 ft

Buildable depth87 ft

Area~2,602 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 2,602 sqft buildable area.

Est. units

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5222 10TH AVE S MINNEAPOLIS MN 55417	BRADY THOMPSON	RESIDENTIAL	$359,300	38 ft
5214 10TH AVE S MINNEAPOLIS MN 55417	S K SCHULTZ & S T ADEWALE	RESIDENTIAL	$494,300	40 ft
5226 10TH AVE S MINNEAPOLIS MN 55417	R A STRACK & P M HOBDAY	RESIDENTIAL	$549,000	73 ft
5210 10TH AVE S MINNEAPOLIS MN 55417	JEFFREY SARBERG/KARA GARROTT	RESIDENTIAL	$443,000	80 ft
5228 10TH AVE S MINNEAPOLIS MN 55417	D E O'BRIEN & C M DOLAN	RESIDENTIAL	$410,500	110 ft
5208 10TH AVE S MINNEAPOLIS MN 55417	K O SWANSON & P S SWANSON	RESIDENTIAL	$357,500	120 ft
5219 ELLIOT AVE MINNEAPOLIS MN 55417	LOUISE A STICH	RESIDENTIAL	$417,900	141 ft
5215 ELLIOT AVE MINNEAPOLIS MN 55417	A B ZAGURI & C ROLAND	RESIDENTIAL	$324,500	146 ft
5232 10TH AVE S MINNEAPOLIS MN 55417	JOHN S KNAPP	RESIDENTIAL	$349,400	150 ft
5223 ELLIOT AVE MINNEAPOLIS MN 55417	C LARSON II & A E LARSON	RESIDENTIAL	$384,100	151 ft

Property History

Most Recent Sale

Date202012

Price$456,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,078