5317 47TH AVE S MINNEAPOLIS MN 55417

PID: 1702823330083

Property Overview

Parcel ID1702823330083

Lot Size5,127 sq ft (0.118 ac)

Lot Dimensions (est.)128 ft wide × 40 ft deep

Year Built1947

Property ClassRESIDENTIAL

OwnerD W MILLER & A A MILLER

Assessed Value$311,000

Land Value$131,000

Building Value$180,000

Annual Tax$4,802

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

3 permits on record since 2016 · Most recent: Mar 2023 (res)

ResMar 2023Closed

CenterPoint Energy Resource Corp

ExistresFeb 2018Closed

Binder Heating and Air Conditioning Inc

ResDec 2016Closed

Rascher Plumbing and Heating Inc

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

Neighborhood Profile

Minnehaha · Minneapolis

Median reported rent1,555/mo

Renter-occupied20.2%

Median home value$286K

Vacancy rate11.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 119.98

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 depth88 ft

Area~2,644 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 2,644 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5321 47TH AVE S MINNEAPOLIS MN 55417	CARRIE M ANDERSEN	RESIDENTIAL	$276,300	40 ft
5315 47TH AVE S MINNEAPOLIS MN 55417	T L TAYLOR & PHILLIP MORRIS	RESIDENTIAL	$315,000	40 ft
5309 47TH AVE S MINNEAPOLIS MN 55417	CAMERON NELSON	RESIDENTIAL	$302,700	80 ft
5325 47TH AVE S MINNEAPOLIS MN 55417	DEBBIE K MCDOWELL	RESIDENTIAL	$205,100	80 ft
5305 47TH AVE S MINNEAPOLIS MN 55417	DAVID SHERMAN	RESIDENTIAL	$347,900	120 ft
5329 47TH AVE S MINNEAPOLIS MN 55417	D TURNER & A ABRAHAMSON	RESIDENTIAL	$303,900	120 ft
5316 48TH AVE S MINNEAPOLIS MN 55417	P X SCHMITZ & T SCHMITZ	RESIDENTIAL	$275,000	142 ft
5312 48TH AVE S MINNEAPOLIS MN 55417	M A JENNIGES & E T CLEMENSEN	RESIDENTIAL	$405,500	147 ft
5320 48TH AVE S MINNEAPOLIS MN 55417	W C & J M ALLEN	RESIDENTIAL	$279,600	147 ft
5333 47TH AVE S MINNEAPOLIS MN 55417	CHARLES S ROMAIN	RESIDENTIAL	$280,700	161 ft

Property History

Most Recent Sale

Date200910

Price$185,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,802