5824 ELLIOT AVE MINNEAPOLIS MN 55417

PID: 2302824310008

Property Overview

Parcel ID2302824310008

Lot Size5,964 sq ft (0.137 ac)

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

Year Built1940

Property ClassRESIDENTIAL

OwnerG E MONGIN & R L MONGIN

Assessed Value$341,800

Land Value$137,000

Building Value$204,800

Annual Tax$5,050

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~3,168 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 3,168 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5820 ELLIOT AVE MINNEAPOLIS MN 55417	T D MCCULLOCH/L K MCCULLOCH	RESIDENTIAL	$344,900	50 ft
5828 ELLIOT AVE MINNEAPOLIS MN 55417	MICHAEL DAVID BERGERON	RESIDENTIAL	$366,900	50 ft
5816 ELLIOT AVE MINNEAPOLIS MN 55417	NATHAN MEYER/JESSICA L MEYER	RESIDENTIAL	$418,000	100 ft
5832 ELLIOT AVE MINNEAPOLIS MN 55417	SHANNON THERESE CAREY	RESIDENTIAL	$387,300	100 ft
5825 CHICAGO AVE MINNEAPOLIS MN 55417	L A FRATZKE & J D FRATZKE	RESIDENTIAL	$420,700	133 ft
5821 CHICAGO AVE MINNEAPOLIS MN 55417	ERIC ABAR	RESIDENTIAL	$315,500	141 ft
5829 CHICAGO AVE MINNEAPOLIS MN 55417	MARGARET R MILLETT FAM LV TR	RESIDENTIAL	$341,800	143 ft
5812 ELLIOT AVE MINNEAPOLIS MN 55417	PETER TOLL & JULIE MARTZKE	RESIDENTIAL	$366,600	150 ft
5836 ELLIOT AVE MINNEAPOLIS MN 55417	PATRICIA L PAUL	RESIDENTIAL	$288,700	150 ft
5817 CHICAGO AVE MINNEAPOLIS MN 55417	MARY L PIERCE	RESIDENTIAL	$338,700	165 ft

Property History

Most Recent Sale

Date201902

Price$315,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,050