5600 10TH AVE S MINNEAPOLIS MN 55417

PID: 2302824240049

Property Overview

Parcel ID2302824240049

Lot Size6,217 sq ft (0.143 ac)

Lot Dimensions (est.)125 ft wide × 50 ft deep

Year Built1948

Property ClassRESIDENTIAL

OwnerLEANNE STACEY & DEREK MAYER

Assessed Value$499,700

Land Value$189,000

Building Value$310,700

Annual Tax$7,977

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

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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width112 ft

Buildable depth10 ft

Area~3,119 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 3,119 sqft buildable area.

Est. units

Yield on cost

2.2%

Spread

-3.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5604 10TH AVE S MINNEAPOLIS MN 55417	M KRAEMER & Q SOUKUP	RESIDENTIAL	$556,400	50 ft
5608 10TH AVE S MINNEAPOLIS MN 55417	K G BRACKNELL & Z BRACKNELL	RESIDENTIAL	$535,000	100 ft
5544 10TH AVE S MINNEAPOLIS MN 55417	ERIC R HUNT & COLLEEN HUNT	RESIDENTIAL	$619,000	114 ft
5601 ELLIOT AVE MINNEAPOLIS MN 55417	P PAPPANO & K PAPPANO	RESIDENTIAL	$497,000	138 ft
5605 ELLIOT AVE MINNEAPOLIS MN 55417	DALE R HENN & MARIE B HENN	RESIDENTIAL	$492,500	148 ft
5612 10TH AVE S MINNEAPOLIS MN 55417	JANE T HARRISON	RESIDENTIAL	$440,500	150 ft
5540 10TH AVE S MINNEAPOLIS MN 55417	B D HANSON/C M MILES-HANSON	RESIDENTIAL	$569,700	169 ft
5609 ELLIOT AVE MINNEAPOLIS MN 55417	ANDREW J & JENNIFER A SHEA	RESIDENTIAL	$552,000	172 ft
5545 ELLIOT AVE MINNEAPOLIS MN 55417	THOMAS CLASBY & KATE GAWRON	RESIDENTIAL	$585,000	177 ft
5601 10TH AVE S MINNEAPOLIS MN 55417	O J PALMER & C WAGENER	RESIDENTIAL	$536,000	190 ft

Property History

Most Recent Sale

Date202008

Price$400,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$7,977