5315 ELLIOT AVE MINNEAPOLIS MN 55417

PID: 1402824340192

Property Overview

Parcel ID1402824340192

Lot Size5,038 sq ft (0.116 ac)

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

Year Built2017

Property ClassRESIDENTIAL

OwnerM J ERICKSEN & V B ERICKSEN

Assessed Value$844,200

Land Value$171,000

Building Value$673,200

Annual Tax$14,223

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

7 permits on record since 2017 · $334K total declared value · Most recent: Jan 2018 (res)

ResJan 2018Closed

ALL SYSTEMS MECHANICAL LLC

TempheatJan 2018Closed

ALL SYSTEMS MECHANICAL LLC

ResJan 2018Closed

ALL SYSTEMS MECHANICAL LLC

NewresNov 2017Closed

$18K

ALL SYSTEMS MECHANICAL LLC

ResNov 2017Closed

Steinkraus Plumbing Inc

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 depth86 ft

Area~2,579 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 2,579 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
5317 ELLIOT AVE MINNEAPOLIS MN 55417	LAINEY CHANDLER	RESIDENTIAL	$276,500	40 ft
5309 ELLIOT AVE MINNEAPOLIS MN 55417	ERIN K COX	RESIDENTIAL	$334,800	40 ft
5321 ELLIOT AVE MINNEAPOLIS MN 55417	ANNETTE L KAUFFMAN	RESIDENTIAL	$405,700	80 ft
5305 ELLIOT AVE MINNEAPOLIS MN 55417	ANASTASIA KATHRYN SCOTT	RESIDENTIAL	$286,600	80 ft
5325 ELLIOT AVE MINNEAPOLIS MN 55417	KEVIN CASEY	RESIDENTIAL	$388,200	120 ft
5301 ELLIOT AVE MINNEAPOLIS MN 55417	CAROL A SOLHEID	RESIDENTIAL	$495,400	130 ft
5312 10TH AVE S MINNEAPOLIS MN 55417	NOKOMIS HGHTS LUTH CHURCH	RESIDENTIAL	$411,100	140 ft
5316 10TH AVE S MINNEAPOLIS MN 55417	DANA SANDBURG	RESIDENTIAL	$327,000	145 ft
5329 ELLIOT AVE MINNEAPOLIS MN 55417	P J ROULEAU & C M ROULEAU	RESIDENTIAL	$947,000	161 ft
5320 10TH AVE S MINNEAPOLIS MN 55417	MARGARET ANNE CRAIG	RESIDENTIAL	$352,600	161 ft

Property History

Most Recent Sale

Date202405

Price$839,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$14,223