5341 ELLIOT AVE MINNEAPOLIS MN 55417

PID: 1402824340076

Property Overview

Parcel ID1402824340076

Lot Size5,343 sq ft (0.123 ac)

Lot Dimensions (est.)126 ft wide × 42 ft deep

Year Built1927

Property ClassRESIDENTIAL

OwnerROBERT D RICHARDSON JR

Assessed Value$403,700

Land Value$176,000

Building Value$227,700

Annual Tax$6,083

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

No permits found in Minneapolis open data for this parcel.

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 width32 ft

Buildable depth87 ft

Area~2,786 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 2,786 sqft buildable area.

Est. units

Yield on cost

2.4%

Spread

-3.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5345 ELLIOT AVE MINNEAPOLIS MN 55417	KATHLEEN M UPCRAFT	RESIDENTIAL	$362,400	42 ft
5337 ELLIOT AVE MINNEAPOLIS MN 55417	A O'QUIGLEY & K O'QUIGLEY	RESIDENTIAL	$420,400	42 ft
5349 ELLIOT AVE MINNEAPOLIS MN 55417	THE STONICH LIVING TRUST	RESIDENTIAL	$350,800	85 ft
5333 ELLIOT AVE MINNEAPOLIS MN 55417	BECKY THIEU	RESIDENTIAL	$461,700	85 ft
5329 ELLIOT AVE MINNEAPOLIS MN 55417	P J ROULEAU & C M ROULEAU	RESIDENTIAL	$947,000	127 ft
5353 ELLIOT AVE MINNEAPOLIS MN 55417	NHHI M J BJERKESETT HSE INC	LOW INCOME RENTAL	$409,900	128 ft
5340 10TH AVE S MINNEAPOLIS MN 55417	J SKONIECZNY/A S SKONIECZNY	RESIDENTIAL	$432,900	140 ft
5336 10TH AVE S MINNEAPOLIS MN 55417	N OXBOROUGH & S OXBOROUGH	RESIDENTIAL	$556,600	146 ft
5344 10TH AVE S MINNEAPOLIS MN 55417	C M SCHWARTZ & Z T SCHWARTZ	RESIDENTIAL	$524,900	146 ft
5348 10TH AVE S MINNEAPOLIS MN 55417	G S WILSON/E L POSKIE-WILSON	RESIDENTIAL	$513,100	163 ft

Property History

Current Tax Year

Year2026

Tax Due$6,083