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 ↗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.
4 permits on record since 2020 · $15K total declared value · Most recent: Mar 2026 (res)
NORTHERN PLUMBING AND SOFTENING
EARTH WIZARDS INC
CenterPoint Energy Resource Corp
STANDARD WATER CONTROL SYSTEMS INC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Diamond Lake · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 120.03
Zip code 55417
Source: Redfin Data Center (Invalid Date) · Zip 55417
Urban Neighborhood 1 — low-density residential
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on sfr / adu benchmarks for 3,515 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 5517 PARK AVE MINNEAPOLIS MN 55417 | DAVID GELS & JENNIFER GELS | RESIDENTIAL | $525,000 | 50 ft |
| 5509 PARK AVE MINNEAPOLIS MN 55417 | G T PELNER & J L PELNER | RESIDENTIAL | $535,000 | 50 ft |
| 5521 PARK AVE MINNEAPOLIS MN 55417 | F P ROBERTS BEUKEMA ET AL | RESIDENTIAL | $476,000 | 100 ft |
| 5505 PARK AVE MINNEAPOLIS MN 55417 | J B P DIPIERO & L T DIPIERO | RESIDENTIAL | $543,300 | 100 ft |
| 5512 COLUMBUS AVE MINNEAPOLIS MN 55417 | D E & S R JACOBSON | RESIDENTIAL | $471,500 | 138 ft |
| 5516 COLUMBUS AVE MINNEAPOLIS MN 55417 | K A PEARSON & J F PEARSON | RESIDENTIAL | $469,300 | 146 ft |
| 5508 COLUMBUS AVE MINNEAPOLIS MN 55417 | JAMES LESCH & D'ANN LESCH | RESIDENTIAL | $567,000 | 147 ft |
| 5525 PARK AVE MINNEAPOLIS MN 55417 | P M KIMBALL & L H KIMBALL | RESIDENTIAL | $543,000 | 150 ft |
| 5501 PARK AVE MINNEAPOLIS MN 55417 | RICHARD D SELLERS & WIFE | RESIDENTIAL | $608,900 | 154 ft |
| 5520 COLUMBUS AVE MINNEAPOLIS MN 55417 | N I CREE & K KREIMER | RESIDENTIAL | $521,000 | 169 ft |
Most Recent Sale
Current Tax Year