5247 10TH AVE S MINNEAPOLIS MN 55417

PID: 1402824340137

Property Overview

Parcel ID1402824340137

Lot Size5,060 sq ft (0.116 ac)

Lot Dimensions (est.)126 ft wide × 40 ft deep

Year Built1943

Property ClassRESIDENTIAL

OwnerGAIL L FRANKLIN

Assessed Value$388,300

Land Value$172,000

Building Value$216,300

Annual Tax$5,826

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 width30 ft

Buildable depth87 ft

Area~2,595 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 2,595 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
5245 10TH AVE S MINNEAPOLIS MN 55417	RACHEL BECK/MELVIN BROWN IV	RESIDENTIAL	$392,200	40 ft
5255 10TH AVE S MINNEAPOLIS MN 55417	THOMAS LINO NIMMO	RESIDENTIAL	$342,000	50 ft
5241 10TH AVE S MINNEAPOLIS MN 55417	C & G FRETHEM	RESIDENTIAL	$386,900	80 ft
5237 10TH AVE S MINNEAPOLIS MN 55417	TAMARA K WAADE	RESIDENTIAL	$364,700	120 ft
5248 11TH AVE S MINNEAPOLIS MN 55417	JULIET AHLES	RESIDENTIAL	$404,800	140 ft
5244 11TH AVE S MINNEAPOLIS MN 55417	LYNNE M HANSON	RESIDENTIAL	$401,700	146 ft
5252 11TH AVE S MINNEAPOLIS MN 55417	SOJOURNER BETH MAHUTCHIN	RESIDENTIAL	$395,900	150 ft
5233 10TH AVE S MINNEAPOLIS MN 55417	MARY G DOBBINS	RESIDENTIAL	$392,700	160 ft
5240 11TH AVE S MINNEAPOLIS MN 55417	S D MELCHIONNE & N M KARN	RESIDENTIAL	$462,200	162 ft
5301 10TH AVE S MINNEAPOLIS MN 55417	MARK A VANE & LAEL L OMAN	RESIDENTIAL	$481,900	169 ft

Property History

Most Recent Sale

Date201310

Price$259,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,826