2012 WASHINGTON ST N E MINNEAPOLIS MN 55418

PID: 1102924430004

Property Overview

Parcel ID1102924430004

Lot Size9,084 sq ft (0.209 ac)

Lot Dimensions (est.)165 ft wide × 55 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerKELSEY STAUB

Assessed Value$305,400

Land Value$142,000

Building Value$163,400

Annual Tax$4,460

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Area of Concentrated PovertyHigh

In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.

Minneapolis — Affordable Housing Trust Fund ↗

Potential programs

Great Streets Gap FinancingMedium

Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.

Minneapolis Great Streets — Gap Financing ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

1 permit on record since 2025 · Most recent: Dec 2025 (res)

ResDec 2025Closed

CenterPoint Energy Resource Corp

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

Neighborhood Profile

Holland · Minneapolis

Median reported rent1,204/mo

Renter-occupied56.0%

Median home value$293K

Vacancy rate8.5%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1018

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 width45 ft

Buildable depth125 ft

Area~5,631 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 5,631 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2018 WASHINGTON ST N E MINNEAPOLIS MN 55418	JOHN R BUSZTA	RESIDENTIAL	$317,000	55 ft
2008 WASHINGTON ST N E MINNEAPOLIS MN 55418	D R MILLER & L MILLER	RESIDENTIAL	$683,800	64 ft
613 20TH AVE N E MINNEAPOLIS MN 55418	MARTY P RICCI	RESIDENTIAL	$301,000	96 ft
2102 WASHINGTON ST N E MINNEAPOLIS MN 55418	R GREEN & A TROFIMOVA	RESIDENTIAL	$353,400	110 ft
2000 WASHINGTON ST N E MINNEAPOLIS MN 55418	GORDON BERKHOLCS	RESIDENTIAL	$328,000	115 ft
611 20TH AVE N E MINNEAPOLIS MN 55418	STEVEN J SEULING	RESIDENTIAL-TWO UNIT	$339,500	137 ft
2106 WASHINGTON ST N E MINNEAPOLIS MN 55418	EDWARD J/MICHELLE H SZCZECH	RESIDENTIAL	$346,500	162 ft
2015 6TH ST N E MINNEAPOLIS MN 55418	K D SMITH & E F MCGOUGH	RESIDENTIAL	$262,600	165 ft
2019 6TH ST N E MINNEAPOLIS MN 55418	T REYNOLDS & D REYNOLDS	RESIDENTIAL	$580,600	174 ft
2103 6TH ST N E MINNEAPOLIS MN 55418	R & R E O'BRIEN	RESIDENTIAL	$286,900	198 ft

Property History

Most Recent Sale

Date202412

Price$360,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,460