5828 ELLIOT AVE MINNEAPOLIS MN 55417

PID: 2302824310009

Property Overview

Parcel ID2302824310009

Lot Size5,962 sq ft (0.137 ac)

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

Year Built1940

Property ClassRESIDENTIAL

OwnerMICHAEL DAVID BERGERON

Assessed Value$366,900

Land Value$137,000

Building Value$229,900

Annual Tax$5,658

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

1 permit on record since 2021 · $15K total declared value · Most recent: Aug 2021 (misc)

MiscAug 2021Closed

$15K

CLEAR POINT CONSTRUCTION INC

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

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

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~3,166 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 3,166 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
5824 ELLIOT AVE MINNEAPOLIS MN 55417	G E MONGIN & R L MONGIN	RESIDENTIAL	$341,800	50 ft
5832 ELLIOT AVE MINNEAPOLIS MN 55417	SHANNON THERESE CAREY	RESIDENTIAL	$387,300	50 ft
5820 ELLIOT AVE MINNEAPOLIS MN 55417	T D MCCULLOCH/L K MCCULLOCH	RESIDENTIAL	$344,900	100 ft
5836 ELLIOT AVE MINNEAPOLIS MN 55417	PATRICIA L PAUL	RESIDENTIAL	$288,700	100 ft
5829 CHICAGO AVE MINNEAPOLIS MN 55417	MARGARET R MILLETT FAM LV TR	RESIDENTIAL	$341,800	133 ft
5825 CHICAGO AVE MINNEAPOLIS MN 55417	L A FRATZKE & J D FRATZKE	RESIDENTIAL	$420,700	141 ft
5833 CHICAGO AVE MINNEAPOLIS MN 55417	SUZANNE M/NICHOLAS A SKAPYAK	RESIDENTIAL	$319,300	143 ft
5816 ELLIOT AVE MINNEAPOLIS MN 55417	NATHAN MEYER/JESSICA L MEYER	RESIDENTIAL	$418,000	150 ft
5840 ELLIOT AVE MINNEAPOLIS MN 55417	JUSTIN CHRISTOPHER WHITE	RESIDENTIAL	$352,200	151 ft
5821 CHICAGO AVE MINNEAPOLIS MN 55417	ERIC ABAR	RESIDENTIAL	$315,500	164 ft

Property History

Most Recent Sale

Date198304

Price$77,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$5,658