3957 12TH AVE S MINNEAPOLIS MN 55407

PID: 1102824120167

Property Overview

Parcel ID1102824120167

Lot Size4,205 sq ft (0.097 ac)

Lot Dimensions (est.)122 ft wide × 35 ft deep

Year Built1910

Property ClassRESIDENTIAL

OwnerJ A EISNER & D G COLE

Assessed Value$216,000

Land Value$85,000

Building Value$131,000

Annual Tax$2,952

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

1 permit on record since 2024 · Most recent: Feb 2024 (res)

ResFeb 2024Closed

CenterPoint Energy Resource Corp

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

Neighborhood Profile

Bancroft · 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

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width109 ft

Buildable depth0 ft

Area~1,761 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 sfr / adu benchmarks for 1,761 sqft buildable area.

Est. units

Yield on cost

2.0%

Spread

-3.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3953 12TH AVE S MINNEAPOLIS MN 55407	JACK SKAJ & REBECCA GUCK	RESIDENTIAL	$342,200	37 ft
3949 12TH AVE S MINNEAPOLIS MN 55407	JANET PEARL WHITEHEAD	RESIDENTIAL	$246,000	77 ft
4001 12TH AVE S MINNEAPOLIS MN 55407	W HERRICK/B HERRICK TRUSTEES	RESIDENTIAL	$331,000	104 ft
3945 12TH AVE S MINNEAPOLIS MN 55407	NAOMI M THOMPSON LIV TRUST	RESIDENTIAL	$283,000	117 ft
3956 13TH AVE S MINNEAPOLIS MN 55407	MANUEL FROILAN LALA QUITO	RESIDENTIAL-TWO UNIT	$361,200	136 ft
3952 13TH AVE S MINNEAPOLIS MN 55407	T PHELAN/C NORTH/A E DOERR	RESIDENTIAL	$394,100	141 ft
4005 12TH AVE S MINNEAPOLIS MN 55407	BRIDGET ANNA MOORE	RESIDENTIAL	$307,000	143 ft
3948 13TH AVE S MINNEAPOLIS MN 55407	SUSAN LORRAINE WHITEHEAD	RESIDENTIAL	$283,000	156 ft
3941 12TH AVE S MINNEAPOLIS MN 55407	E P CLENDENEN/C LARSON ARP	RESIDENTIAL	$336,000	157 ft
4000 13TH AVE S MINNEAPOLIS MN 55407	EVA M TREUER	RESIDENTIAL	$378,000	170 ft

Property History

Current Tax Year

Year2026

Tax Due$2,952