4012 PARK AVE MINNEAPOLIS MN 55407

PID: 1102824230117

Property Overview

Parcel ID1102824230117

Lot Size4,830 sq ft (0.111 ac)

Lot Dimensions (est.)116 ft wide × 42 ft deep

Year Built1916

Property ClassRESIDENTIAL

OwnerPETER MITTENDORFF

Assessed Value$323,200

Land Value$80,000

Building Value$243,200

Annual Tax$4,740

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Opportunity ZoneHigh

Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.

HUD Opportunity Zones ↗

Potential programs

Environmental Response FundMedium

Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.

Minneapolis — Brownfield Grants ↗

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 rent1,284/mo

Renter-occupied41.2%

Median home value$251K

Vacancy rate2.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 95

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 depth75 ft

Area~2,405 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 2,405 sqft buildable area.

Est. units

Yield on cost

3.1%

Spread

-2.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4008 PARK AVE MINNEAPOLIS MN 55407	CALVIN PUPKES	RESIDENTIAL	$398,900	42 ft
4016 PARK AVE MINNEAPOLIS MN 55407	LIBIA WEBSTER	RESIDENTIAL	$258,900	42 ft
4004 PARK AVE MINNEAPOLIS MN 55407	MYRTICE A ORR	RESIDENTIAL	$325,000	83 ft
4020 PARK AVE MINNEAPOLIS MN 55407	STACEY LYNN COMBS	RESIDENTIAL	$336,500	83 ft
4024 PARK AVE MINNEAPOLIS MN 55407	M M BORNHOFT & A BORNHOFT	RESIDENTIAL	$348,800	124 ft
4000 PARK AVE MINNEAPOLIS MN 55407	JERRY E DOUGLAS	RESIDENTIAL	$229,200	124 ft
4015 OAKLAND AVE MINNEAPOLIS MN 55407	D S LAGERROOS/M B LAGERROOS	RESIDENTIAL	$293,100	130 ft
4017 OAKLAND AVE MINNEAPOLIS MN 55407	D D PERNU & E C PERNU	RESIDENTIAL	$341,000	136 ft
4009 OAKLAND AVE MINNEAPOLIS MN 55407	MICHAEL BURTON	RESIDENTIAL	$330,600	136 ft
4021 OAKLAND AVE MINNEAPOLIS MN 55407	STAR POINT LLC	RESIDENTIAL	$206,800	154 ft

Property History

Most Recent Sale

Date200908

Price$150,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,740