3515 12TH AVE S MINNEAPOLIS MN 55407

PID: 0202824420077

Property Overview

Parcel ID0202824420077

Lot Size6,114 sq ft (0.140 ac)

Lot Dimensions (est.)122 ft wide × 50 ft deep

Year Built1914

Property ClassRESIDENTIAL

OwnerH T HENKE & T B HANKE

Assessed Value$505,200

Land Value$100,000

Building Value$405,200

Annual Tax$8,069

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

9 permits on record since 2017 · $217K total declared value · Most recent: Jun 2025 (misc)

MiscJun 2025Closed

$16K

SCHERER BROTHERS LUMBER CO

ResApr 2022Closed

CenterPoint Energy Resource Corp

RemodelJul 2020Closed

$13K

ALL ENERGY SOLAR INC

MiscMay 2020Closed

$13K

KAUFMAN SHEET METAL ROOFING INC

MiscJul 2019Closed

$5K

RENEWAL BY ANDERSEN CORP

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

Neighborhood Profile

Powderhorn Park · Minneapolis

Median reported rent1,152/mo

Renter-occupied30.0%

Median home value$271K

Vacancy rate2.9%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 96

Market Snapshot

Zip code 55407

Median sale price$340K+1.5% YoY

Median price / sqft$214/sqft

Median days to close22 days

Active listings49

Source: Redfin Data Center (Invalid Date) · Zip 55407

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 depth82 ft

Area~3,290 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 3,290 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
3511 12TH AVE S MINNEAPOLIS MN 55407	S E HMAMSI & A BAKER	RESIDENTIAL	$352,500	50 ft
3521 12TH AVE S MINNEAPOLIS MN 55407	SVEDAHL INVESTMENTS LLC	APARTMENT	$1,050,000	62 ft
3507 12TH AVE S MINNEAPOLIS MN 55407	KELSEY L BRUSO TRUST	RESIDENTIAL	$387,500	100 ft
3525 12TH AVE S MINNEAPOLIS MN 55407	LEVI SABLE	RESIDENTIAL	$276,800	125 ft
3514 13TH AVE S MINNEAPOLIS MN 55407	13TH AVE LLC	RESIDENTIAL-TWO UNIT	$338,800	134 ft
3518 13TH AVE S MINNEAPOLIS MN 55407	ANDREA KIEPE	RESIDENTIAL	$214,600	139 ft
3510 13TH AVE S MINNEAPOLIS MN 55407	D A INGBERG & D A WING	RESIDENTIAL	$392,000	143 ft
3505 12TH AVE S MINNEAPOLIS MN 55407	ELLEN CLEARY & MARIA A COLON	RESIDENTIAL	$319,700	144 ft
3522 13TH AVE S MINNEAPOLIS MN 55407	C A CZUPKA & G M HUNZIKER	RESIDENTIAL	$200,000	153 ft
3529 12TH AVE S MINNEAPOLIS MN 55407	M & J RIDER	RESIDENTIAL	$282,900	167 ft

Property History

Most Recent Sale

Date200512

Price$252,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,069