5207 ELLIOT AVE MINNEAPOLIS MN 55417

PID: 1402824340045

Property Overview

Parcel ID1402824340045

Lot Size5,074 sq ft (0.116 ac)

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

Year Built1924

Property ClassRESIDENTIAL

OwnerTERESITA A HANSON

Assessed Value$337,200

Land Value$172,000

Building Value$165,200

Annual Tax$4,974

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

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~2,605 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 2,605 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
5211 ELLIOT AVE MINNEAPOLIS MN 55417	SENKA HADZIC	RESIDENTIAL	$340,500	40 ft
5203 ELLIOT AVE MINNEAPOLIS MN 55417	B J ARTHUR & T G MONTPETIT	RESIDENTIAL	$394,600	40 ft
5201 ELLIOT AVE MINNEAPOLIS MN 55417	F COURINGTON & C J THIGHMAN	RESIDENTIAL	$326,400	75 ft
5215 ELLIOT AVE MINNEAPOLIS MN 55417	A B ZAGURI & C ROLAND	RESIDENTIAL	$324,500	80 ft
5219 ELLIOT AVE MINNEAPOLIS MN 55417	LOUISE A STICH	RESIDENTIAL	$417,900	120 ft
5208 10TH AVE S MINNEAPOLIS MN 55417	K O SWANSON & P S SWANSON	RESIDENTIAL	$357,500	141 ft
5204 10TH AVE S MINNEAPOLIS MN 55417	JOHN F STRASSER ET AL	RESIDENTIAL	$324,300	146 ft
5210 10TH AVE S MINNEAPOLIS MN 55417	JEFFREY SARBERG/KARA GARROTT	RESIDENTIAL	$443,000	146 ft
5200 10TH AVE S MINNEAPOLIS MN 55417	H RETTLER & Z R MURDOCK	RESIDENTIAL	$392,100	159 ft
5214 10TH AVE S MINNEAPOLIS MN 55417	S K SCHULTZ & S T ADEWALE	RESIDENTIAL	$494,300	162 ft

Property History

Most Recent Sale

Date200006

Price$109,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,974