5012 6TH ST N MINNEAPOLIS MN 55430

PID: 1211821130036

Property Overview

Parcel ID1211821130036

Lot Size6,450 sq ft (0.148 ac)

Lot Dimensions (est.)129 ft wide × 50 ft deep

Year Built1949

Property ClassRESIDENTIAL-TWO UNIT

OwnerTIMOTHY LUCKETT/MELVA LUCKET

Assessed Value$324,600

Land Value$46,000

Building Value$278,600

Annual Tax$8,935

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

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Lind - Bohanon · Minneapolis

Median reported rent1,200/mo

Renter-occupied30.7%

Median home value$219K

Vacancy rate6.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1.02

Market Snapshot

Zip code 55430

Median sale price$285K+3.3% YoY

Median price / sqft$175/sqft

Median days to close36 days

Active listings37

Source: Redfin Data Center (Invalid Date) · Zip 55430

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 width40 ft

Buildable depth89 ft

Area~3,558 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 3,558 sqft buildable area.

Est. units

Yield on cost

2.3%

Spread

-3.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5008 6TH ST N MINNEAPOLIS MN 55430	WILEYSPROPERTY LLC	RESIDENTIAL-TWO UNIT	$271,700	50 ft
5016 6TH ST N MINNEAPOLIS MN 55430	EVERETT WILBURN III	RESIDENTIAL-TWO UNIT	$310,900	50 ft
5006 6TH ST N MINNEAPOLIS MN 55430	S W FIGNAR/J M FIGNAR TRSTES	RESIDENTIAL-ZERO LOT LINE	$141,300	88 ft
5020 6TH ST N MINNEAPOLIS MN 55430	S ASHKENAZI & R ASHKENAZI	RESIDENTIAL-TWO UNIT	$286,900	100 ft
5004 6TH ST N MINNEAPOLIS MN 55430	S W FIGNAR/ J M FIGNAR TRS	RESIDENTIAL-ZERO LOT LINE	$141,300	113 ft
5002 6TH ST N MINNEAPOLIS MN 55430	DAVID J FRANICOLA	RESIDENTIAL-ZERO LOT LINE	$138,400	138 ft
5007 4TH ST N MINNEAPOLIS MN 55430	AMY MAU	RESIDENTIAL	$287,700	146 ft
5013 4TH ST N MINNEAPOLIS MN 55430	FHIJONE CHANTHAVONG	RESIDENTIAL	$262,300	148 ft
5024 6TH ST N MINNEAPOLIS MN 55430	LEE ANN RIDGWAY	RESIDENTIAL-TWO UNIT	$333,500	150 ft
5000 6TH ST N MINNEAPOLIS MN 55430	DAVID J FRANICOLA	RESIDENTIAL-ZERO LOT LINE	$138,400	163 ft

Property History

Most Recent Sale

Date202105

Price$325,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,935