4248 12TH AVE S MINNEAPOLIS MN 55407

PID: 1102824310107

Property Overview

Parcel ID1102824310107

Lot Size5,266 sq ft (0.121 ac)

Lot Dimensions (est.)122 ft wide × 43 ft deep

Year Built1923

Property ClassRESIDENTIAL

OwnerR BRINKMEYER & B BRINKMEYER

Assessed Value$295,300

Land Value$117,000

Building Value$178,300

Annual Tax$4,554

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 2023 · $13K total declared value · Most recent: Feb 2025 (existres)

ExistresFeb 2025Closed

McQuillan Home Services LLC

MiscAug 2024Closed

$13K

ABC Exteriors Inc

ResJul 2023Closed

4Front Energy Solutions Inc

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 depth82 ft

Area~2,721 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 2,721 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
4244 12TH AVE S MINNEAPOLIS MN 55407	B J ANDERSON & A M BOSNEAG	RESIDENTIAL	$335,500	43 ft
4252 12TH AVE S MINNEAPOLIS MN 55407	ANDREW R JOHNSON	RESIDENTIAL	$302,300	43 ft
4240 12TH AVE S MINNEAPOLIS MN 55407	GINA M PISTULKA	RESIDENTIAL	$345,200	86 ft
4236 12TH AVE S MINNEAPOLIS MN 55407	BERDELL I DESOTA	RESIDENTIAL	$278,000	129 ft
4249 11TH AVE S MINNEAPOLIS MN 55407	JENNIFER HENNEN/KASEY GILLES	RESIDENTIAL	$300,000	134 ft
4253 11TH AVE S MINNEAPOLIS MN 55407	NICOLE P VAN WINKLE	RESIDENTIAL	$313,400	141 ft
4245 11TH AVE S MINNEAPOLIS MN 55407	CHRISTOPHER DAVIS	RESIDENTIAL	$232,900	141 ft
4300 12TH AVE S MINNEAPOLIS MN 55407	PERRY RUEDY	RESIDENTIAL	$326,000	146 ft
4241 11TH AVE S MINNEAPOLIS MN 55407	C A GOMEZ & E WERMERSKIRCHEN	RESIDENTIAL	$301,500	159 ft
4232 12TH AVE S MINNEAPOLIS MN 55407	TARIQ D MALIK/TAMIE JO HALL	RESIDENTIAL	$323,800	172 ft

Property History

Most Recent Sale

Date202303

Price$281,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,554