5540 10TH AVE S MINNEAPOLIS MN 55417

PID: 2302824210090

Property Overview

Parcel ID2302824210090

Lot Size6,227 sq ft (0.143 ac)

Lot Dimensions (est.)125 ft wide × 50 ft deep

Year Built1936

Property ClassRESIDENTIAL

OwnerB D HANSON/C M MILES-HANSON

Assessed Value$569,700

Land Value$189,000

Building Value$380,700

Annual Tax$11,707

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

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Minneapolis

Median reported rent1,798/mo

Renter-occupied6.8%

Median home value$416K

Vacancy rate0.8%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 117.04

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 depth85 ft

Area~3,379 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 3,379 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
5536 10TH AVE S MINNEAPOLIS MN 55417	AMBER L BACKHAUS ET AL	RESIDENTIAL	$594,900	50 ft
5544 10TH AVE S MINNEAPOLIS MN 55417	ERIC R HUNT & COLLEEN HUNT	RESIDENTIAL	$619,000	54 ft
5532 10TH AVE S MINNEAPOLIS MN 55417	PETERSON/BEARDEN REV LIV TR	RESIDENTIAL	$712,000	100 ft
5541 ELLIOT AVE MINNEAPOLIS MN 55417	CARLOS LUIS LAMBOGLIA RAMOS	RESIDENTIAL	$562,200	138 ft
5537 ELLIOT AVE MINNEAPOLIS MN 55417	ROBERT A AXBERG ET AL	RESIDENTIAL	$471,400	146 ft
5528 10TH AVE S MINNEAPOLIS MN 55417	MARY K MAHER	RESIDENTIAL	$640,000	150 ft
5545 ELLIOT AVE MINNEAPOLIS MN 55417	THOMAS CLASBY & KATE GAWRON	RESIDENTIAL	$585,000	150 ft
5533 ELLIOT AVE MINNEAPOLIS MN 55417	FRANCES ROEN & ERICK R ROEN	RESIDENTIAL	$485,900	169 ft
5600 10TH AVE S MINNEAPOLIS MN 55417	LEANNE STACEY & DEREK MAYER	RESIDENTIAL	$499,700	169 ft
5541 10TH AVE S MINNEAPOLIS MN 55417	B L SHARP & J L SHARP	RESIDENTIAL	$581,600	190 ft

Property History

Most Recent Sale

Date201611

Price$400,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$11,707