2012 4TH ST N E MINNEAPOLIS MN 55418

PID: 1102924340037

Property Overview

Parcel ID1102924340037

Lot Size6,809 sq ft (0.156 ac)

Lot Dimensions (est.)165 ft wide × 41 ft deep

Year Built1914

Property ClassRESIDENTIAL-TWO UNIT

OwnerSTEPHEN HIMMERICH

Assessed Value$424,700

Land Value$134,000

Building Value$290,700

Annual Tax$6,731

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

2 permits on record since 2025 · Most recent: Mar 2025 (res)

ResMar 2025Closed

Hero Home Services LLC

ResMar 2025Closed

Hero Home Services LLC

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

Neighborhood Profile

Holland · Minneapolis

Median reported rent1,578/mo

Renter-occupied61.3%

Median home value$320K

Vacancy rate9.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 17

Market Snapshot

Zip code 55418

Median sale price$345K-3.1% YoY

Median price / sqft$222/sqft

Median days to close36 days

Active listings42

Source: Redfin Data Center (Invalid Date) · Zip 55418

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width31 ft

Buildable depth126 ft

Area~3,908 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 small multifamily (2–4 units, wood frame) benchmarks for 3,908 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2008 4TH ST N E MINNEAPOLIS MN 55418	LANA L SCHMIDT	RESIDENTIAL	$259,300	41 ft
2016 4TH ST N E MINNEAPOLIS MN 55418	JOHN J MCKENNEY	RESIDENTIAL	$305,600	41 ft
2004 4TH ST N E MINNEAPOLIS MN 55418	D J ROBINSON & H W ROBINSON	RESIDENTIAL	$408,000	82 ft
2100 4TH ST N E MINNEAPOLIS MN 55418	J5 MPLS FOURTH LLC	RESIDENTIAL-TWO UNIT	$364,700	83 ft
2000 4TH ST N E MINNEAPOLIS MN 55418	MORGAN RAE BETKER/ADAM STERN	RESIDENTIAL-TWO UNIT	$502,200	124 ft
2104 4TH ST N E MINNEAPOLIS MN 55418	H E SMALLMAN & K A SCHMUTZER	RESIDENTIAL	$362,000	124 ft
2015 UNIVERSITY AVE N E MINNEAPOLIS MN 55418	JAX CAFE INC	LAND-COMMERCIAL	$104,300	164 ft
2019 UNIVERSITY AVE N E MINNEAPOLIS MN 55418	JAX CAFE INC	LAND-COMMERCIAL	$103,700	166 ft
2106 4TH ST N E MINNEAPOLIS MN 55418	ELLA E KUHA	RESIDENTIAL	$296,500	166 ft
2011 UNIVERSITY AVE N E MINNEAPOLIS MN 55418	PHUONG THUY NGUYEN	RESIDENTIAL	$268,700	172 ft

Property History

Most Recent Sale

Date202601

Price$340,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$6,731