4340 12TH AVE S MINNEAPOLIS MN 55407

PID: 1102824310062

Property Overview

Parcel ID1102824310062

Lot Size5,217 sq ft (0.120 ac)

Lot Dimensions (est.)123 ft wide × 42 ft deep

Year Built2016

Property ClassRESIDENTIAL

OwnerISHRAF AHMED & MARTA LYONS

Assessed Value$696,300

Land Value$117,000

Building Value$579,300

Annual Tax$11,425

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

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 width32 ft

Buildable depth84 ft

Area~2,690 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 2,690 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4336 12TH AVE S MINNEAPOLIS MN 55407	DANIEL GROHS CONTRACTING INC	RESIDENTIAL	$165,000	42 ft
4344 12TH AVE S MINNEAPOLIS MN 55407	MICHAEL G SHANNON	RESIDENTIAL	$160,000	43 ft
4332 12TH AVE S MINNEAPOLIS MN 55407	SUE E HOSTETLER	RESIDENTIAL	$263,400	85 ft
4348 12TH AVE S MINNEAPOLIS MN 55407	LISA A NEGSTAD TRUST	RESIDENTIAL	$356,000	85 ft
4328 12TH AVE S MINNEAPOLIS MN 55407	B D GOODELL JR/M R SCHEDLER	RESIDENTIAL	$275,000	127 ft
4352 12TH AVE S MINNEAPOLIS MN 55407	JANICE STRAUSS	RESIDENTIAL	$348,800	127 ft
4341 11TH AVE S MINNEAPOLIS MN 55407	G C SOCHA & T M TAYLOR	RESIDENTIAL	$280,000	135 ft
4345 11TH AVE S MINNEAPOLIS MN 55407	E H JENSEN & P D FARACI	RESIDENTIAL	$315,500	141 ft
4337 11TH AVE S MINNEAPOLIS MN 55407	MARY MARGARET PIEPER TRUST	RESIDENTIAL	$306,300	141 ft
4349 11TH AVE S MINNEAPOLIS MN 55407	M THERESE O'FALLON TRUSTEE	RESIDENTIAL	$248,700	159 ft

Property History

Most Recent Sale

Date202007

Price$560,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$11,425