3813 12TH AVE S MINNEAPOLIS MN 55407

PID: 1102824120206

Property Overview

Parcel ID1102824120206

Lot Size7,724 sq ft (0.177 ac)

Lot Dimensions (est.)121 ft wide × 64 ft deep

Year Built1910

Property ClassRESIDENTIAL

OwnerJ FISCHLER & K WORLEY

Assessed Value$299,000

Land Value$113,000

Building Value$186,000

Annual Tax$4,337

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

2 permits on record since 2024 · $10K total declared value · Most recent: Apr 2024 (remodel)

RemodelApr 2024Closed

$10K

DBS RESIDENTIAL SOLUTIONS INC

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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width53 ft

Buildable depth83 ft

Area~4,364 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 3-story wood frame (5–12 units) benchmarks for 4,364 sqft buildable area.

Est. units

Yield on cost

4.2%

Spread

-1.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3809 12TH AVE S MINNEAPOLIS MN 55407	IVAN JULIUS BIALOSTOSKY ETAL	RESIDENTIAL	$342,300	53 ft
3821 12TH AVE S MINNEAPOLIS MN 55407	RENEE DOROTHY GALVIN	RESIDENTIAL	$320,000	63 ft
3805 12TH AVE S MINNEAPOLIS MN 55407	C C CASTILLO & G P GONZALEZ	RESIDENTIAL	$229,000	95 ft
3825 12TH AVE S MINNEAPOLIS MN 55407	BETHANY E HENSHAW	RESIDENTIAL	$336,000	117 ft
3812 13TH AVE S MINNEAPOLIS MN 55407	ARIA ROCHELLE NELSON	RESIDENTIAL	$267,100	135 ft
1201 38TH ST E MINNEAPOLIS MN 55407	HENNEPIN FORFEITED LAND	VACANT LAND-RESIDENTIAL	$0	138 ft
3816 13TH AVE S MINNEAPOLIS MN 55407	CATHERINE LUNDOFF	RESIDENTIAL	$269,900	139 ft
3808 13TH AVE S MINNEAPOLIS MN 55407	ANNE MARIE SCHAAK	RESIDENTIAL	$257,600	145 ft
1213 38TH ST E MINNEAPOLIS MN 55407	NEAL BAXTER	RESIDENTIAL	$158,800	150 ft
3820 13TH AVE S MINNEAPOLIS MN 55407	ELEANOR DURANT	RESIDENTIAL	$328,000	154 ft

Property History

Most Recent Sale

Date202307

Price$296,500

TypePROBATE DEED

Current Tax Year

Year2026

Tax Due$4,337