5405 10TH AVE S MINNEAPOLIS MN 55417

PID: 2302824210153

Property Overview

Parcel ID2302824210153

Lot Size6,297 sq ft (0.145 ac)

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

Year Built1941

Property ClassRESIDENTIAL

OwnerN L FLUEGGE/A J HOFF REV TR

Assessed Value$477,300

Land Value$189,000

Building Value$288,300

Annual Tax$7,515

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 2022 · $29K total declared value · Most recent: Oct 2024 (remodel)

RemodelOct 2024Inspection

$2K

EGRESS WINDOW GUY

ResFeb 2023Closed

CenterPoint Energy Resource Corp

MiscJun 2022Closed

$26K

NEW LIFE CONTRACTING 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~3,435 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 3,435 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
5401 10TH AVE S MINNEAPOLIS MN 55417	SCOTT E FRITCHIE	RESIDENTIAL	$493,500	50 ft
5409 10TH AVE S MINNEAPOLIS MN 55417	T A WILSON & L M WILLMAN	RESIDENTIAL	$512,800	50 ft
5417 10TH AVE S MINNEAPOLIS MN 55417	B SOMERS & W SOMERS	RESIDENTIAL	$503,900	103 ft
5404 11TH AVE S MINNEAPOLIS MN 55417	P M KORCHIK & S Z KORCHIK	RESIDENTIAL	$450,500	140 ft
5408 11TH AVE S MINNEAPOLIS MN 55417	D E MALTRY & C C MALTRY TRST	RESIDENTIAL	$624,000	146 ft
5400 11TH AVE S MINNEAPOLIS MN 55417	STEVEN A SMITH	RESIDENTIAL	$598,000	150 ft
5421 10TH AVE S MINNEAPOLIS MN 55417	MEGAN SHELTON/MATTHEW HADLEY	RESIDENTIAL	$589,400	156 ft
5353 10TH AVE S MINNEAPOLIS MN 55417	C & B LINGBECK	RESIDENTIAL	$513,000	162 ft
5416 11TH AVE S MINNEAPOLIS MN 55417	RACHAEL STERLING/SCOTT LUND	RESIDENTIAL	$474,200	171 ft
5404 10TH AVE S MINNEAPOLIS MN 55417	ERIC BREECE/ALYSSA K LINGOR	RESIDENTIAL	$498,700	191 ft

Property History

Most Recent Sale

Date200707

Price$315,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,515