5609 ELLIOT AVE MINNEAPOLIS MN 55417

PID: 2302824240070

Property Overview

Parcel ID2302824240070

Lot Size6,211 sq ft (0.143 ac)

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

Year Built1937

Property ClassRESIDENTIAL

OwnerANDREW J & JENNIFER A SHEA

Assessed Value$552,000

Land Value$189,000

Building Value$363,000

Annual Tax$8,988

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

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 depth84 ft

Area~3,367 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 3,367 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
5615 ELLIOT AVE MINNEAPOLIS MN 55417	T M RYDEN & D K RYDEN	RESIDENTIAL	$488,900	50 ft
5605 ELLIOT AVE MINNEAPOLIS MN 55417	DALE R HENN & MARIE B HENN	RESIDENTIAL	$492,500	50 ft
5617 ELLIOT AVE MINNEAPOLIS MN 55417	BRENT A H SANDROCK ET AL	RESIDENTIAL	$497,800	100 ft
5601 ELLIOT AVE MINNEAPOLIS MN 55417	P PAPPANO & K PAPPANO	RESIDENTIAL	$497,000	100 ft
5608 10TH AVE S MINNEAPOLIS MN 55417	K G BRACKNELL & Z BRACKNELL	RESIDENTIAL	$535,000	138 ft
5612 10TH AVE S MINNEAPOLIS MN 55417	JANE T HARRISON	RESIDENTIAL	$440,500	146 ft
5604 10TH AVE S MINNEAPOLIS MN 55417	M KRAEMER & Q SOUKUP	RESIDENTIAL	$556,400	148 ft
5621 ELLIOT AVE MINNEAPOLIS MN 55417	KELLIE M THOM & SCOTT D THOM	RESIDENTIAL	$457,000	150 ft
5616 10TH AVE S MINNEAPOLIS MN 55417	BRYAN GATES & MEGHAN GATES	RESIDENTIAL	$559,800	169 ft
5600 10TH AVE S MINNEAPOLIS MN 55417	LEANNE STACEY & DEREK MAYER	RESIDENTIAL	$499,700	172 ft

Property History

Most Recent Sale

Date200806

Price$327,400

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,988