5324 CHATEAU PL MINNEAPOLIS MN 55417

PID: 1402824440093

Property Overview

Parcel ID1402824440093

Lot Size8,162 sq ft (0.187 ac)

Lot Dimensions (est.)92 ft wide × 88 ft deep

Year Built1940

Property ClassRESIDENTIAL

OwnerPHILLIP E NELSON & WIFE

Assessed Value$620,900

Land Value$247,000

Building Value$373,900

Annual Tax$9,998

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2018 · $34K total declared value · Most recent: Sep 2024 (existres)

ExistresSep 2024Closed

Pronto Heating & Air Conditioning Inc

ResMar 2020Closed

Warners Stellian Co Inc

ResSep 2018Closed

GRABOW PLUMBING INC

RemodelAug 2018Closed

$12K

SYLVESTRE CONSTRUCTION INC

MiscAug 2018Closed

$6K

MON-RAY 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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width40 ft

Buildable depth123 ft

Area~4,669 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 small multifamily (2–4 units, wood frame) benchmarks for 4,669 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5328 CHATEAU PL MINNEAPOLIS MN 55417	PETER W & DEANNA L BOSS	RESIDENTIAL	$617,300	48 ft
5320 CHATEAU PL MINNEAPOLIS MN 55417	C SUTHERLAND & J SUTHERLAND	RESIDENTIAL	$523,800	54 ft
5316 CHATEAU PL MINNEAPOLIS MN 55417	S L SEEL & J E BROWN	RESIDENTIAL	$622,400	108 ft
5333 BLOOMINGTON AVE MINNEAPOLIS MN 55417	ABIRAMI TARA SOTHY	RESIDENTIAL-TWO UNIT	$687,600	148 ft
5328 W LAKE NOKOMIS PKWY MINNEAPOLIS MN 55417	AARON P GREY & JAKE L GREY	RESIDENTIAL	$642,800	150 ft
5324 W LAKE NOKOMIS PKWY MINNEAPOLIS MN 55417	M O & G H WILES	RESIDENTIAL	$513,700	153 ft
5337 BLOOMINGTON AVE MINNEAPOLIS MN 55417	I MCLELLAN & L MCLELLAN	RESIDENTIAL	$626,700	156 ft
5329 BLOOMINGTON AVE MINNEAPOLIS MN 55417	COURTNEY LYNN HAYER-HARBECK	RESIDENTIAL-TWO UNIT	$514,500	159 ft
5332 W LAKE NOKOMIS PKWY MINNEAPOLIS MN 55417	AMY L STRABALA	RESIDENTIAL	$606,300	163 ft
5312 CHATEAU PL MINNEAPOLIS MN 55417	B J KONDES & L M KONDES	RESIDENTIAL	$568,800	163 ft

Property History

Current Tax Year

Year2026

Tax Due$9,998