5505 11TH AVE S MINNEAPOLIS MN 55417

PID: 2302824210150

Property Overview

Parcel ID2302824210150

Lot Size6,078 sq ft (0.140 ac)

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

Year Built1939

Property ClassRESIDENTIAL

OwnerCOLLEEN GAIL LENZ

Assessed Value$454,100

Land Value$187,000

Building Value$267,100

Annual Tax$6,923

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 depth82 ft

Area~3,260 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 3,260 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
5509 11TH AVE S MINNEAPOLIS MN 55417	DONOVAN NIESEN/MEGAN NIESEN	RESIDENTIAL	$563,300	50 ft
5501 11TH AVE S MINNEAPOLIS MN 55417	J CARTER & A VEIT-CARTER	RESIDENTIAL	$566,500	50 ft
5515 11TH AVE S MINNEAPOLIS MN 55417	C N JAMES & C J WASHICK	RESIDENTIAL	$591,000	100 ft
5504 12TH AVE S MINNEAPOLIS MN 55417	C J PETERSEN & A L KORINKO	RESIDENTIAL	$600,000	135 ft
5508 12TH AVE S MINNEAPOLIS MN 55417	SHANNA J BRADLEY	RESIDENTIAL	$477,600	143 ft
5500 12TH AVE S MINNEAPOLIS MN 55417	KAREN M BOISVERT	RESIDENTIAL	$462,900	146 ft
5517 11TH AVE S MINNEAPOLIS MN 55417	ROLAND ANDREW GARLAND	RESIDENTIAL	$553,700	150 ft
5512 12TH AVE S MINNEAPOLIS MN 55417	P J CAILLIER & M P TSCHIDA	RESIDENTIAL	$487,000	166 ft
5504 11TH AVE S MINNEAPOLIS MN 55417	JEFFREY M SHUBERG	RESIDENTIAL	$458,700	183 ft
5500 11TH AVE S MINNEAPOLIS MN 55417	B PAVELKA & T R OLINGER	RESIDENTIAL	$528,500	188 ft

Property History

Most Recent Sale

Date198705

Price$74,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$6,923