5700 11TH AVE S MINNEAPOLIS MN 55417

PID: 2302824240141

Property Overview

Parcel ID2302824240141

Lot Size6,177 sq ft (0.142 ac)

Lot Dimensions (est.)124 ft wide × 50 ft deep

Year Built1939

Property ClassRESIDENTIAL

OwnerW A RHODES & S E PETERSON

Assessed Value$477,000

Land Value$188,000

Building Value$289,000

Annual Tax$7,597

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 width111 ft

Buildable depth10 ft

Area~3,090 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 3,090 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
5704 11TH AVE S MINNEAPOLIS MN 55417	ALLEN G MCCULLOCH JR	RESIDENTIAL	$443,000	50 ft
5708 11TH AVE S MINNEAPOLIS MN 55417	MARY T SWEENEY	RESIDENTIAL	$620,000	100 ft
5644 11TH AVE S MINNEAPOLIS MN 55417	M C POSTON & J N POSTON	RESIDENTIAL	$604,000	115 ft
5701 10TH AVE S MINNEAPOLIS MN 55417	MOSAIC PROPERTIES LLC	RESIDENTIAL	$531,800	137 ft
5705 10TH AVE S MINNEAPOLIS MN 55417	LLOYD C BEGGS & WIFE	RESIDENTIAL	$447,000	147 ft
5712 11TH AVE S MINNEAPOLIS MN 55417	R A HENNING & C A HENNING	RESIDENTIAL	$485,400	150 ft
5640 11TH AVE S MINNEAPOLIS MN 55417	J BJORKLUND & A AASE	RESIDENTIAL	$520,200	169 ft
5709 10TH AVE S MINNEAPOLIS MN 55417	ULYSSES ZACKERY III	RESIDENTIAL	$528,000	172 ft
5645 10TH AVE S MINNEAPOLIS MN 55417	DEBRA L KNIGHT	RESIDENTIAL	$507,600	177 ft
5701 11TH AVE S MINNEAPOLIS MN 55417	CAROLYN M BERG TRUST	RESIDENTIAL	$455,200	181 ft

Property History

Most Recent Sale

Date200005

Price$175,000

TypePROBATE DEED

Current Tax Year

Year2026

Tax Due$7,597