3837 12TH AVE S MINNEAPOLIS MN 55407

PID: 1102824120201

Property Overview

Parcel ID1102824120201

Lot Size5,153 sq ft (0.118 ac)

Lot Dimensions (est.)121 ft wide × 42 ft deep

Year Built1915

Property ClassRESIDENTIAL-TWO UNIT

OwnerMICHAEL J CURRY

Assessed Value$355,500

Land Value$95,000

Building Value$260,500

Annual Tax$6,725

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Cultural District — 38th StreetHigh

Within the 38th Street Cultural District — eligible for Great Streets priority financing and cultural district-specific CPED programs.

Minneapolis — Cultural Districts ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

9 permits on record since 2022 · $65K total declared value · Most recent: Feb 2024 (res)

ResFeb 2024Closed

CenterPoint Energy Resource Corp

MiscOct 2023Closed

$6K

Mohler Chimney Repair LLC

RemodelSep 2023Closed

$9K

Wolf River Electric

MiscAug 2023Closed

$20K

Universal Windows Direct Twin Cities

MiscOct 2022Closed

$20K

Premier Roofing Inc

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width32 ft

Buildable depth83 ft

Area~2,641 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 sfr / adu benchmarks for 2,641 sqft buildable area.

Est. units

Yield on cost

2.8%

Spread

-2.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3841 12TH AVE S MINNEAPOLIS MN 55407	LISA BLACHER	RESIDENTIAL	$270,000	42 ft
3833 12TH AVE S MINNEAPOLIS MN 55407	J T ALLEN & S LEVI	RESIDENTIAL	$237,000	43 ft
3845 12TH AVE S MINNEAPOLIS MN 55407	J S MACGREGOR, K T MACGREGOR	RESIDENTIAL	$280,300	85 ft
3829 12TH AVE S MINNEAPOLIS MN 55407	M F KELLER/E PARKS ET AL	RESIDENTIAL	$322,000	85 ft
3849 12TH AVE S MINNEAPOLIS MN 55407	R W GARRISON/M K N-GARRISON	RESIDENTIAL	$220,000	127 ft
3825 12TH AVE S MINNEAPOLIS MN 55407	BETHANY E HENSHAW	RESIDENTIAL	$336,000	127 ft
3836 13TH AVE S MINNEAPOLIS MN 55407	MARY K SCHLADWEILER	RESIDENTIAL	$184,800	135 ft
3832 13TH AVE S MINNEAPOLIS MN 55407	K KAPPENMAN & W SCHADAUER	RESIDENTIAL	$309,700	142 ft
3840 13TH AVE S MINNEAPOLIS MN 55407	MEGHAN CHAVARRIA/ALLEN RAND	RESIDENTIAL	$294,600	142 ft
3828 13TH AVE S MINNEAPOLIS MN 55407	ZACHARY ADAM SHATI	RESIDENTIAL	$254,000	160 ft

Property History

Most Recent Sale

Date202110

Price$313,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,725