5808 ELLIOT AVE MINNEAPOLIS MN 55417

PID: 2302824310004

Property Overview

Parcel ID2302824310004

Lot Size5,972 sq ft (0.137 ac)

Lot Dimensions (est.)120 ft wide × 50 ft deep

Year Built1946

Property ClassRESIDENTIAL

OwnerE J TOLZMANN & K L TOLZMANN

Assessed Value$397,300

Land Value$138,000

Building Value$259,300

Annual Tax$5,976

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width40 ft

Buildable depth79 ft

Area~3,175 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 small multifamily (2–4 units, wood frame) benchmarks for 3,175 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5812 ELLIOT AVE MINNEAPOLIS MN 55417	PETER TOLL & JULIE MARTZKE	RESIDENTIAL	$366,600	50 ft
5804 ELLIOT AVE MINNEAPOLIS MN 55417	J S OAKLEY & K M D OAKLEY	RESIDENTIAL	$370,700	50 ft
5816 ELLIOT AVE MINNEAPOLIS MN 55417	NATHAN MEYER/JESSICA L MEYER	RESIDENTIAL	$418,000	100 ft
5800 ELLIOT AVE MINNEAPOLIS MN 55417	ANNE M PROEHL	RESIDENTIAL	$509,600	100 ft
5809 CHICAGO AVE MINNEAPOLIS MN 55417	KAELA DICKENS	RESIDENTIAL-TWO UNIT	$462,200	133 ft
5805 CHICAGO AVE MINNEAPOLIS MN 55417	D B NUMAN-FORTIER ET AL	RESIDENTIAL	$374,300	141 ft
5813 CHICAGO AVE MINNEAPOLIS MN 55417	JACQUELINE A TAYLOR	RESIDENTIAL-TWO UNIT	$452,000	143 ft
5820 ELLIOT AVE MINNEAPOLIS MN 55417	T D MCCULLOCH/L K MCCULLOCH	RESIDENTIAL	$344,900	150 ft
5801 CHICAGO AVE MINNEAPOLIS MN 55417	JOHN F KELLY	RESIDENTIAL-TWO UNIT	$384,600	165 ft
5817 CHICAGO AVE MINNEAPOLIS MN 55417	MARY L PIERCE	RESIDENTIAL	$338,700	168 ft

Property History

Most Recent Sale

Date201905

Price$415,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,976