5515 11TH AVE S MINNEAPOLIS MN 55417

PID: 2302824210148

Property Overview

Parcel ID2302824210148

Lot Size6,072 sq ft (0.139 ac)

Lot Dimensions (est.)122 ft wide × 50 ft deep

Year Built1935

Property ClassRESIDENTIAL

OwnerC N JAMES & C J WASHICK

Assessed Value$591,000

Land Value$186,000

Building Value$405,000

Annual Tax$9,720

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

8 permits on record since 2018 · $88K total declared value · Most recent: May 2022 (res)

ResMay 2022Closed

CenterPoint Energy Resource Corp

MiscMay 2019Closed

$13K

ROOFTEK SYSTEMS

ExistresNov 2018Closed

TEAM MECHANICAL INC

ExistresOct 2018Closed

TEAM MECHANICAL INC

ResOct 2018Closed

Sayler Heating & Air Conditioning Inc

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

Neighborhood Profile

Diamond Lake · 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 depth81 ft

Area~3,255 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 3,255 sqft buildable area.

Est. units

Yield on cost

2.1%

Spread

-3.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5517 11TH AVE S MINNEAPOLIS MN 55417	ROLAND ANDREW GARLAND	RESIDENTIAL	$553,700	50 ft
5509 11TH AVE S MINNEAPOLIS MN 55417	DONOVAN NIESEN/MEGAN NIESEN	RESIDENTIAL	$563,300	50 ft
5521 11TH AVE S MINNEAPOLIS MN 55417	M OPSAHL & L OPSAAHL	RESIDENTIAL	$610,000	100 ft
5505 11TH AVE S MINNEAPOLIS MN 55417	COLLEEN GAIL LENZ	RESIDENTIAL	$454,100	100 ft
5512 12TH AVE S MINNEAPOLIS MN 55417	P J CAILLIER & M P TSCHIDA	RESIDENTIAL	$487,000	135 ft
5516 12TH AVE S MINNEAPOLIS MN 55417	A MALTRY & M D HAHN	RESIDENTIAL	$704,900	143 ft
5508 12TH AVE S MINNEAPOLIS MN 55417	SHANNA J BRADLEY	RESIDENTIAL	$477,600	145 ft
5525 11TH AVE S MINNEAPOLIS MN 55417	JOHN R NEWTON/AMBER C NEWTON	RESIDENTIAL	$580,000	150 ft
5501 11TH AVE S MINNEAPOLIS MN 55417	J CARTER & A VEIT-CARTER	RESIDENTIAL	$566,500	150 ft
5520 12TH AVE S MINNEAPOLIS MN 55417	P REGULA & A SCHULZ	RESIDENTIAL	$487,900	166 ft

Property History

Most Recent Sale

Date200907

Price$329,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,720