1 ELMWOOD PL E MINNEAPOLIS MN 55419

PID: 1502824420001

Property Overview

Parcel ID1502824420001

Lot Size15,431 sq ft (0.354 ac)

Lot Dimensions (est.)131 ft wide × 118 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerROBERT SCHLOSSER/B SCHLOSSER

Assessed Value$1,137,000

Land Value$327,000

Building Value$810,000

Annual Tax$19,762

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2019 · $42K total declared value · Most recent: Apr 2025 (res)

ResApr 2025Closed

ST PAUL PLUMBING AND HEATING CO INC

ExistresFeb 2025Closed

ST PAUL PLUMBING AND HEATING CO INC

ExistresOct 2023Closed

Erickson Plumbing Heating Cooling Inc

Commercial Fire/Building ViolationDec 2021Closed

Cities 1 Plumbing and Heating Inc

RemodelOct 2021Expired

$8K

GREAT LAKES WINDOW AND SIDING CO

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Tangletown · Minneapolis

Median reported rent1,486/mo

Renter-occupied21.5%

Median home value$519K

Vacancy rate7.9%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1115

Market Snapshot

Zip code 55419

Median sale price$494K-4.7% YoY

Median price / sqft$270/sqft

Median days to close29 days

Active listings30

Source: Redfin Data Center (Invalid Date) · Zip 55419

Zoning

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)10 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width116 ft

Buildable depth78 ft

Area~7,199 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 3-story wood frame (5–12 units) benchmarks for 7,199 sqft buildable area.

Est. units

Yield on cost

4.1%

Spread

-1.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5115 NICOLLET AVE MINNEAPOLIS MN 55419	MARY E LUNDBERG	RESIDENTIAL	$397,000	102 ft
10 LUVERNE AVE MINNEAPOLIS MN 55419	WILLIAM J & LOUISE H KEPPEL	RESIDENTIAL	$689,600	128 ft
5121 NICOLLET AVE MINNEAPOLIS MN 55419	A D MASLOWSKI/J A MASLOWSKI	RESIDENTIAL-TWO UNIT	$494,200	162 ft
6 ELMWOOD PL E MINNEAPOLIS MN 55419	SAFIYA MYERS/SAMUEL ECKMEIER	RESIDENTIAL	$482,100	176 ft
20 ELMWOOD PL E MINNEAPOLIS MN 55419	J F NOBLE & E B NOBLE	RESIDENTIAL	$967,000	188 ft
16 LUVERNE AVE MINNEAPOLIS MN 55419	D J O'NEIL & D M O'NEIL	RESIDENTIAL	$575,200	196 ft
5127 NICOLLET AVE MINNEAPOLIS MN 55419	JOSHUA LEE CHRISTOFFER ET AL	RESIDENTIAL-TWO UNIT	$504,700	212 ft
5100 NICOLLET AVE MINNEAPOLIS MN 55419	JOHN R HOTVET	RESIDENTIAL	$876,000	231 ft
5112 NICOLLET AVE MINNEAPOLIS MN 55419	KATHLEEN R WEATHERLY TRUSTEE	RESIDENTIAL-TWO UNIT	$478,700	236 ft
20 LUVERNE AVE MINNEAPOLIS MN 55419	MERRITT L CAMPBELL	RESIDENTIAL	$325,700	250 ft

Property History

Current Tax Year

Year2026

Tax Due$19,762