4312 11TH AVE S MINNEAPOLIS MN 55407

PID: 1102824310034

Property Overview

Parcel ID1102824310034

Lot Size5,412 sq ft (0.124 ac)

Lot Dimensions (est.)126 ft wide × 43 ft deep

Year Built1924

Property ClassRESIDENTIAL

OwnerD C FERGUS & J M FERGUS

Assessed Value$333,300

Land Value$119,000

Building Value$214,300

Annual Tax$4,908

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

3 permits on record since 2018 · $5K total declared value · Most recent: Oct 2023 (misc)

MiscOct 2023Closed

$5K

WINDOW WORLD

ResMar 2018Closed

Linn Star Transfer Inc

ResFeb 2018Closed

CHAMPION PLUMBING LLC

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

Neighborhood Profile

Northrop · Minneapolis

Median reported rent1,090/mo

Renter-occupied19.0%

Median home value$334K

Vacancy rate0.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 110

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 width33 ft

Buildable depth86 ft

Area~2,834 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 2,834 sqft buildable area.

Est. units

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4308 11TH AVE S MINNEAPOLIS MN 55407	N P GEIER & E M GUSTAFSON	RESIDENTIAL	$407,700	43 ft
4316 11TH AVE S MINNEAPOLIS MN 55407	COLLEEN E FRITZ/DAVID FRITZ	RESIDENTIAL	$331,700	43 ft
4304 11TH AVE S MINNEAPOLIS MN 55407	M C NORSENG & S NORSENG	RESIDENTIAL	$384,400	86 ft
4320 11TH AVE S MINNEAPOLIS MN 55407	BRANDON J LAFFERTY	RESIDENTIAL	$327,400	86 ft
4300 11TH AVE S MINNEAPOLIS MN 55407	ALEX NEEDHAM ET AL	RESIDENTIAL	$337,400	128 ft
4324 11TH AVE S MINNEAPOLIS MN 55407	KAY E DONNELLY REV LIV TRUST	RESIDENTIAL	$212,000	129 ft
4315 10TH AVE S MINNEAPOLIS MN 55407	ANDREA R MEEHL	RESIDENTIAL	$330,100	138 ft
4309 10TH AVE S MINNEAPOLIS MN 55407	J D LEX & D E DEINES	RESIDENTIAL	$318,900	144 ft
4317 10TH AVE S MINNEAPOLIS MN 55407	MARLA M STACK	RESIDENTIAL	$212,000	145 ft
4305 10TH AVE S MINNEAPOLIS MN 55407	BREANNA J TRYGG/JOSHUA TRYGG	RESIDENTIAL	$388,600	162 ft

Property History

Most Recent Sale

Date199506

Price$81,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,908