112 ELMWOOD PL E MINNEAPOLIS MN 55419

PID: 1502824420090

Property Overview

Parcel ID1502824420090

Lot Size13,921 sq ft (0.320 ac)

Lot Dimensions (est.)110 ft wide × 127 ft deep

Year Built1889

Property ClassRESIDENTIAL

OwnerAARON GAALSWYK/AMY GAALSWYK

Assessed Value$1,014,000

Land Value$318,000

Building Value$696,000

Annual Tax$17,434

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

9 permits on record since 2005 · $309K total declared value · Most recent: Jun 2025 (misc)

MiscJun 2025Closed

$76K

GARLOCK FRENCH ROOFING

MiscJun 2025Closed

$31K

GARLOCK FRENCH ROOFING

ResJul 2023Closed

Barnes Plumbing Co Inc

RemodelApr 2022Closed

$20K

Aaron Gaalswyk

ExistresJan 2020Closed

Erickson Plumbing Heating Cooling Inc

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

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 width102 ft

Buildable depth84 ft

Area~8,640 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 8,640 sqft buildable area.

Est. units

Yield on cost

3.0%

Spread

-2.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
102 ELMWOOD PL E MINNEAPOLIS MN 55419	C R BRINK & L M BRINK	RESIDENTIAL	$871,500	102 ft
118 ELMWOOD PL E MINNEAPOLIS MN 55419	C S MASSEY & D R NICHOLSON	RESIDENTIAL	$618,800	106 ft
115 51ST ST E MINNEAPOLIS MN 55419	ANDREW COOKE & MARY E COOKE	RESIDENTIAL	$733,700	138 ft
107 51ST ST E MINNEAPOLIS MN 55419	T M SKRYPEK & M M SKRYPEK	RESIDENTIAL	$722,300	146 ft
121 51ST ST E MINNEAPOLIS MN 55419	RON REILKOFF & THEA REILKOFF	RESIDENTIAL	$754,700	171 ft
101 51ST ST E MINNEAPOLIS MN 55419	PAUL D & JANE P BERGE	RESIDENTIAL	$602,400	191 ft
105 ELMWOOD PL E MINNEAPOLIS MN 55419	ERIKA F ARMS & JOHN P ARMS	RESIDENTIAL	$578,800	192 ft
111 ELMWOOD PL E MINNEAPOLIS MN 55419	CARLY BEETSCH & CORBIN DOTY	RESIDENTIAL	$638,100	193 ft
20 ELMWOOD PL E MINNEAPOLIS MN 55419	J F NOBLE & E B NOBLE	RESIDENTIAL	$967,000	232 ft
121 ELMWOOD PL E MINNEAPOLIS MN 55419	MICHAEL IREI/JENNIFER A IREI	RESIDENTIAL	$754,400	245 ft

Property History

Most Recent Sale

Date201411

Price$782,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$17,434