5924 ELLIOT AVE MINNEAPOLIS MN 55417

PID: 2302824310055

Property Overview

Parcel ID2302824310055

Lot Size5,936 sq ft (0.136 ac)

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

Year Built1941

Property ClassRESIDENTIAL

OwnerNANCY E YOUNG

Assessed Value$350,400

Land Value$137,000

Building Value$213,400

Annual Tax$5,194

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2019 · $550 total declared value · Most recent: Mar 2026 (res)

ResMar 2026Closed

Home Care Heating and Air LLC

ResOct 2025Closed

Warners Stellian Co Inc

MiscJul 2020Closed

$550

BUDGET EXTERIORS INC

ResOct 2019Closed

Urban Pine Plumbing and Mechanical 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~3,145 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 3,145 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
5920 ELLIOT AVE MINNEAPOLIS MN 55417	MARY KATHERINE GILLIGAN	RESIDENTIAL	$330,500	50 ft
5928 ELLIOT AVE MINNEAPOLIS MN 55417	J SCHECKMAN & R T SCHECKMAN	RESIDENTIAL	$431,600	50 ft
5916 ELLIOT AVE MINNEAPOLIS MN 55417	J FITCH & C FITCH	RESIDENTIAL	$335,500	100 ft
5932 ELLIOT AVE MINNEAPOLIS MN 55417	J F & L E CANNON	RESIDENTIAL	$402,100	106 ft
5925 CHICAGO AVE MINNEAPOLIS MN 55417	4407 PORTLAND LLC	RESIDENTIAL-TWO UNIT	$386,400	132 ft
5921 CHICAGO AVE MINNEAPOLIS MN 55417	NANCY R STEINKE	RESIDENTIAL-TWO UNIT	$489,100	140 ft
5929 CHICAGO AVE MINNEAPOLIS MN 55417	B M & S S PEREZ ET AL	RESIDENTIAL-TWO UNIT	$397,500	142 ft
5912 ELLIOT AVE MINNEAPOLIS MN 55417	L A CABLE & M M CABLE	RESIDENTIAL	$291,400	151 ft
5936 ELLIOT AVE MINNEAPOLIS MN 55417	Z T SHANNON & J P D AVILEZ	RESIDENTIAL	$357,400	163 ft
5917 CHICAGO AVE MINNEAPOLIS MN 55417	D P HERRIGES & M F HERRIGES	RESIDENTIAL	$320,400	165 ft

Property History

Current Tax Year

Year2026

Tax Due$5,194