5936 ELLIOT AVE MINNEAPOLIS MN 55417

PID: 2302824310058

Property Overview

Parcel ID2302824310058

Lot Size6,016 sq ft (0.138 ac)

Lot Dimensions (est.)119 ft wide × 51 ft deep

Year Built1948

Property ClassRESIDENTIAL

OwnerZ T SHANNON & J P D AVILEZ

Assessed Value$357,400

Land Value$139,000

Building Value$218,400

Annual Tax$5,310

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2017 · $8K total declared value · Most recent: Oct 2022 (existres)

ExistresOct 2022Closed

K & S Heating Air Conditioning & Plumbing Inc

MiscMay 2019Closed

$6K

SELA ROOFING AND REMODELING INC

MiscApr 2019Closed

$681

THE HOME DEPOT

MiscJun 2017Closed

$1K

THINK STUCCO

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 width41 ft

Buildable depth78 ft

Area~3,197 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 3,197 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
812 60TH ST E MINNEAPOLIS MN 55417	ALLAN M CUMMINS	RESIDENTIAL-TWO UNIT	$418,400	55 ft
5932 ELLIOT AVE MINNEAPOLIS MN 55417	J F & L E CANNON	RESIDENTIAL	$402,100	57 ft
5928 ELLIOT AVE MINNEAPOLIS MN 55417	J SCHECKMAN & R T SCHECKMAN	RESIDENTIAL	$431,600	113 ft
5937 CHICAGO AVE MINNEAPOLIS MN 55417	E M BERVIK & M E BERVIK	RESIDENTIAL-TWO UNIT	$419,500	132 ft
800 60TH ST E MINNEAPOLIS MN 55417	ROSS E HYDE/ TARA BOEDEKER	RESIDENTIAL	$428,600	144 ft
5933 CHICAGO AVE MINNEAPOLIS MN 55417	MICHAEL SCHAEFBAUER	RESIDENTIAL-TWO UNIT	$384,900	145 ft
5924 ELLIOT AVE MINNEAPOLIS MN 55417	NANCY E YOUNG	RESIDENTIAL	$350,400	163 ft
5929 CHICAGO AVE MINNEAPOLIS MN 55417	B M & S S PEREZ ET AL	RESIDENTIAL-TWO UNIT	$397,500	172 ft
5939 ELLIOT AVE MINNEAPOLIS MN 55417	T J BAEBENROTH ET AL	RESIDENTIAL	$344,400	180 ft
5933 ELLIOT AVE MINNEAPOLIS MN 55417	SAMUEL IVERSON/NGUYEN TRINH	RESIDENTIAL	$453,000	188 ft

Property History

Most Recent Sale

Date202203

Price$401,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,310