3920 12TH AVE S MINNEAPOLIS MN 55407

PID: 1102824210192

Property Overview

Parcel ID1102824210192

Lot Size5,188 sq ft (0.119 ac)

Lot Dimensions (est.)122 ft wide × 42 ft deep

Year Built1911

Property ClassRESIDENTIAL

OwnerCAROLE M CHALMAN

Assessed Value$257,100

Land Value$95,000

Building Value$162,100

Annual Tax$3,638

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

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 depth84 ft

Area~2,667 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 2,667 sqft buildable area.

Est. units

Yield on cost

2.8%

Spread

-2.7%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3916 12TH AVE S MINNEAPOLIS MN 55407	MICHAEL LASOTA	RESIDENTIAL	$334,700	42 ft
3924 12TH AVE S MINNEAPOLIS MN 55407	KENNETH W BOLLINGER	RESIDENTIAL	$222,000	43 ft
3912 12TH AVE S MINNEAPOLIS MN 55407	MORGAN ALEXANDER	RESIDENTIAL	$311,000	85 ft
3928 12TH AVE S MINNEAPOLIS MN 55407	J R & H D HARRISS	RESIDENTIAL	$358,200	85 ft
3910 12TH AVE S MINNEAPOLIS MN 55407	M C LARGO & L M QUINDI	RESIDENTIAL-TWO UNIT	$389,400	127 ft
3932 12TH AVE S MINNEAPOLIS MN 55407	J M DANDONA/L D HOLDERFIELD	RESIDENTIAL	$350,500	127 ft
3923 11TH AVE S MINNEAPOLIS MN 55407	KARISSA HOGAN & COLLIN HOGAN	RESIDENTIAL	$257,400	134 ft
3925 11TH AVE S MINNEAPOLIS MN 55407	K TESEMMA & B TESEMMA	RESIDENTIAL	$222,000	141 ft
3917 11TH AVE S MINNEAPOLIS MN 55407	STEPHEN MAZIARKA	RESIDENTIAL	$277,000	141 ft
3929 11TH AVE S MINNEAPOLIS MN 55407	R C SPAULDING & C E MOULDER	RESIDENTIAL	$301,000	159 ft

Property History

Current Tax Year

Year2026

Tax Due$3,638