3212 HOLMES AVE S MINNEAPOLIS MN 55408

PID: 0402824240028

Property Overview

Parcel ID0402824240028

Lot Size5,447 sq ft (0.125 ac)

Lot Dimensions (est.)128 ft wide × 42 ft deep

Year Built1906

Property ClassRESIDENTIAL

OwnerJAMES M KLEINMAN TRUSTEE

Assessed Value$785,100

Land Value$255,000

Building Value$530,100

Annual Tax$13,104

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

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Minneapolis

Median reported rent1,601/mo

Renter-occupied66.9%

Median home value$643K

Vacancy rate7.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1080

Market Snapshot

Zip code 55408

Median sale price$390K+6.8% YoY

Median price / sqft$243/sqft

Median days to close62 days

Active listings73

Source: Redfin Data Center (Invalid Date) · Zip 55408

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 width32 ft

Buildable depth90 ft

Area~2,866 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 2,866 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3216 HOLMES AVE S MINNEAPOLIS MN 55408	M R SHIELDS & J A SHIELDS	RESIDENTIAL	$715,300	42 ft
3208 HOLMES AVE S MINNEAPOLIS MN 55408	RANDAL PITTS & LAURA PITTS	RESIDENTIAL	$733,300	43 ft
3204 HOLMES AVE S MINNEAPOLIS MN 55408	GILLES J GUYOT	RESIDENTIAL-TWO UNIT	$554,800	85 ft
3220 HOLMES AVE S MINNEAPOLIS MN 55408	KARIN G SAUERMANN-PAGE	RESIDENTIAL	$494,100	85 ft
3200 HOLMES AVE S MINNEAPOLIS MN 55408	CAROLINE A VAALER TRUST	RESIDENTIAL	$861,000	126 ft
3224 HOLMES AVE S MINNEAPOLIS MN 55408	MARION C GREENE REVOCABLE TR	RESIDENTIAL	$893,000	127 ft
3215 HUMBOLDT AVE S MINNEAPOLIS MN 55408	MICHAEL R KAREKEN ET AL	RESIDENTIAL	$624,000	140 ft
3209 HUMBOLDT AVE S MINNEAPOLIS MN 55408	DAWN L MARTIN	RESIDENTIAL	$741,200	146 ft
3217 HUMBOLDT AVE S MINNEAPOLIS MN 55408	E F STORLIE REV TRUST ET AL	RESIDENTIAL	$568,400	147 ft
3205 HUMBOLDT AVE S MINNEAPOLIS MN 55408	D F RUSSO & G P RUSSO	RESIDENTIAL	$662,500	163 ft

Property History

Current Tax Year

Year2026

Tax Due$13,104