5916 ELLIOT AVE MINNEAPOLIS MN 55417

PID: 2302824310053

Property Overview

Parcel ID2302824310053

Lot Size5,940 sq ft (0.136 ac)

Lot Dimensions (est.)119 ft wide × 50 ft deep

Year Built1941

Property ClassRESIDENTIAL

OwnerJ FITCH & C FITCH

Assessed Value$335,500

Land Value$137,000

Building Value$198,500

Annual Tax$4,945

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2018 · $15K total declared value · Most recent: May 2023 (existres)

ExistresMay 2023Closed

Binder Heating and Air Conditioning Inc

RemodelApr 2022Closed

$10K

CHRISTIANA FITCH

ResJan 2022Closed

CHRISTIANA FITCH

ExistresDec 2020Closed

Midland HVAC LLC

RemodelAug 2018Closed

$5K

Jordan Fitch

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

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~3,149 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 3,149 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5912 ELLIOT AVE MINNEAPOLIS MN 55417	L A CABLE & M M CABLE	RESIDENTIAL	$291,400	50 ft
5920 ELLIOT AVE MINNEAPOLIS MN 55417	MARY KATHERINE GILLIGAN	RESIDENTIAL	$330,500	50 ft
5908 ELLIOT AVE MINNEAPOLIS MN 55417	HOILAND REVOCABLE FAMILY TR	RESIDENTIAL	$352,700	100 ft
5924 ELLIOT AVE MINNEAPOLIS MN 55417	NANCY E YOUNG	RESIDENTIAL	$350,400	100 ft
5917 CHICAGO AVE MINNEAPOLIS MN 55417	D P HERRIGES & M F HERRIGES	RESIDENTIAL	$320,400	132 ft
5915 CHICAGO AVE MINNEAPOLIS MN 55417	M STANGRET & J P FISCHER	RESIDENTIAL	$362,400	140 ft
5921 CHICAGO AVE MINNEAPOLIS MN 55417	NANCY R STEINKE	RESIDENTIAL-TWO UNIT	$489,100	142 ft
5904 ELLIOT AVE MINNEAPOLIS MN 55417	JOSEPH ROBERT JOHNSON	RESIDENTIAL	$411,700	150 ft
5928 ELLIOT AVE MINNEAPOLIS MN 55417	J SCHECKMAN & R T SCHECKMAN	RESIDENTIAL	$431,600	150 ft
5925 CHICAGO AVE MINNEAPOLIS MN 55417	4407 PORTLAND LLC	RESIDENTIAL-TWO UNIT	$386,400	168 ft

Property History

Most Recent Sale

Date201301

Price$189,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,945