5629 11TH AVE S MINNEAPOLIS MN 55417

PID: 2302824240017

Property Overview

Parcel ID2302824240017

Lot Size6,021 sq ft (0.138 ac)

Lot Dimensions (est.)121 ft wide × 50 ft deep

Year Built1937

Property ClassRESIDENTIAL

OwnerR FELDMAN & B CLEVELAND

Assessed Value$558,000

Land Value$187,000

Building Value$371,000

Annual Tax$9,092

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

6 permits on record since 2014 · $85K total declared value · Most recent: May 2019 (res)

ResMay 2019Closed

Blue Water Plumbing Inc

RemodelMay 2019Closed

$25K

MELCO REMODELING INC

ExistresNov 2018Closed

CenterPoint Energy Resource Corp

ExistresOct 2018Closed

Ryan Plumbing And Heating Co

ResSep 2018Closed

MNP Mechanical LLC

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 depth80 ft

Area~3,215 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 3,215 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
5633 11TH AVE S MINNEAPOLIS MN 55417	S F WERLE & C M W ROURKE	RESIDENTIAL	$539,000	50 ft
5625 11TH AVE S MINNEAPOLIS MN 55417	P H SCHILLER & R DALY	RESIDENTIAL	$502,700	50 ft
5637 11TH AVE S MINNEAPOLIS MN 55417	CHRISTINE L SOLBERG	RESIDENTIAL	$635,000	100 ft
5621 11TH AVE S MINNEAPOLIS MN 55417	B R BRADSHAW & C A BRADSHAW	RESIDENTIAL	$567,000	100 ft
5628 12TH AVE S MINNEAPOLIS MN 55417	J HARKNESS/J L ROSE-HARKNESS	RESIDENTIAL	$388,500	134 ft
5632 12TH AVE S MINNEAPOLIS MN 55417	M R BROLSMA & K A BROLSMA	RESIDENTIAL	$542,200	142 ft
5624 12TH AVE S MINNEAPOLIS MN 55417	COLLEEN M KOHLMEYER BROOKS	RESIDENTIAL	$457,900	144 ft
5641 11TH AVE S MINNEAPOLIS MN 55417	C MACK-OLSON & H LARSON	RESIDENTIAL	$466,700	150 ft
5617 11TH AVE S MINNEAPOLIS MN 55417	H G SWEMLE & C A MAKI	RESIDENTIAL	$640,000	150 ft
5636 12TH AVE S MINNEAPOLIS MN 55417	CHERYL H IMDIEKE TRUST ET AL	RESIDENTIAL	$476,600	165 ft

Property History

Most Recent Sale

Date201809

Price$404,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$9,092