5405 ELLIOT AVE MINNEAPOLIS MN 55417

PID: 2302824210159

Property Overview

Parcel ID2302824210159

Lot Size6,215 sq ft (0.143 ac)

Lot Dimensions (est.)126 ft wide × 49 ft deep

Year Built1948

Property ClassRESIDENTIAL

OwnerJ E DONHAM & G C ARNOLD

Assessed Value$451,000

Land Value$189,000

Building Value$262,000

Annual Tax$7,047

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

4 permits on record since 2021 · $71K total declared value · Most recent: Jun 2025 (misc)

MiscJun 2025Closed

$36K

LINDUS CONSTRUCTION

ExistresMay 2024Expired

Home Energy Center Inc

ResMay 2022Closed

CenterPoint Energy Resource Corp

AdditionMay 2021Closed

$35K

WHOLE BUILDERS COOP 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 width39 ft

Buildable depth87 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
5409 ELLIOT AVE MINNEAPOLIS MN 55417	JEFF WILSON & EMMA SCHAPER	RESIDENTIAL	$487,100	47 ft
5401 ELLIOT AVE MINNEAPOLIS MN 55417	S T BISSINGER & J A RUTH	RESIDENTIAL	$485,300	50 ft
5417 ELLIOT AVE MINNEAPOLIS MN 55417	BRITTANY D LAWONN ET AL	RESIDENTIAL	$434,500	100 ft
5404 10TH AVE S MINNEAPOLIS MN 55417	ERIC BREECE/ALYSSA K LINGOR	RESIDENTIAL	$498,700	140 ft
5408 10TH AVE S MINNEAPOLIS MN 55417	L C & P M AYLESWORTH	RESIDENTIAL	$481,100	147 ft
5400 10TH AVE S MINNEAPOLIS MN 55417	TODD LEE SYRING ET AL	RESIDENTIAL	$536,500	149 ft
5421 ELLIOT AVE MINNEAPOLIS MN 55417	GREGORY L GILLHAM ET AL	RESIDENTIAL	$480,800	156 ft
5353 ELLIOT AVE MINNEAPOLIS MN 55417	NHHI M J BJERKESETT HSE INC	LOW INCOME RENTAL	$409,900	163 ft
5416 10TH AVE S MINNEAPOLIS MN 55417	MARGO TOMKA	RESIDENTIAL	$554,000	171 ft
5404 ELLIOT AVE MINNEAPOLIS MN 55417	M ROERING & L DICKINSON	RESIDENTIAL	$549,500	183 ft

Property History

Most Recent Sale

Date201704

Price$365,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,047