5421 10TH AVE S MINNEAPOLIS MN 55417

PID: 2302824210020

Property Overview

Parcel ID2302824210020

Lot Size6,283 sq ft (0.144 ac)

Lot Dimensions (est.)126 ft wide × 50 ft deep

Year Built1935

Property ClassRESIDENTIAL

OwnerMEGAN SHELTON/MATTHEW HADLEY

Assessed Value$589,400

Land Value$189,000

Building Value$400,400

Annual Tax$9,699

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 2020 · $34K total declared value · Most recent: Jan 2023 (res)

ResJan 2023Closed

CenterPoint Energy Resource Corp

MiscFeb 2022Closed

$1K

AA Garage Door LLC

RemodelOct 2020Closed

$2K

Midwest Egress

MiscAug 2020Closed

$6K

Mohler Chimney Repair LLC

ExistresJun 2020Closed

Mike's Custom Mechanical 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 width40 ft

Buildable depth86 ft

Area~3,425 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 3,425 sqft buildable area.

Est. units

Yield on cost

2.0%

Spread

-3.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5425 10TH AVE S MINNEAPOLIS MN 55417	D & V WRIGHT	RESIDENTIAL	$668,800	50 ft
5417 10TH AVE S MINNEAPOLIS MN 55417	B SOMERS & W SOMERS	RESIDENTIAL	$503,900	53 ft
5429 10TH AVE S MINNEAPOLIS MN 55417	GRETCHEN L MATTSON	RESIDENTIAL	$435,200	100 ft
5409 10TH AVE S MINNEAPOLIS MN 55417	T A WILSON & L M WILLMAN	RESIDENTIAL	$512,800	106 ft
5420 11TH AVE S MINNEAPOLIS MN 55417	J BALTZLEY & K HIGGINSON	RESIDENTIAL	$542,500	139 ft
5424 11TH AVE S MINNEAPOLIS MN 55417	T HOLMES & J R LOSS	RESIDENTIAL	$526,600	147 ft
5416 11TH AVE S MINNEAPOLIS MN 55417	RACHAEL STERLING/SCOTT LUND	RESIDENTIAL	$474,200	150 ft
5433 10TH AVE S MINNEAPOLIS MN 55417	C L TORGERSON/R L BATTLESON	RESIDENTIAL	$481,800	150 ft
5405 10TH AVE S MINNEAPOLIS MN 55417	N L FLUEGGE/A J HOFF REV TR	RESIDENTIAL	$477,300	156 ft
5428 11TH AVE S MINNEAPOLIS MN 55417	CHERYL M PETERSEN	RESIDENTIAL	$408,000	169 ft

Property History

Most Recent Sale

Date201911

Price$500,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,699