1210 50TH AVE N MINNEAPOLIS MN 55430

PID: 1211821230280

Property Overview

Parcel ID1211821230280

Lot Size4,763 sq ft (0.109 ac)

Lot Dimensions (est.)45 ft wide × 105 ft deep

Year Built2018

Property ClassRESIDENTIAL

OwnerLISA M ESTES

Assessed Value$408,000

Land Value$45,000

Building Value$363,000

Annual Tax$6,178

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

5 permits on record since 2018 · $225K total declared value · Most recent: Dec 2018 (res)

ResDec 2018Closed

7 Metro Heating and Air Conditioning

TempheatDec 2018Closed

7 Metro Heating and Air Conditioning

ResNov 2018Closed

Vanwinkle Plumbing LLC

NewresNov 2018Closed

$10K

7 Metro Heating and Air Conditioning

NewOct 2018Closed

$215K

Myhomesource LLC

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

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

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 width35 ft

Buildable depth66 ft

Area~2,408 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 2,408 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
1212 50TH AVE N MINNEAPOLIS MN 55430	DAVID ROSS & NIKKA ROSS	RESIDENTIAL	$445,400	44 ft
1208 50TH AVE N MINNEAPOLIS MN 55430	K KHANG/Z XIONG/W KHANG	RESIDENTIAL	$390,600	46 ft
1214 50TH AVE N MINNEAPOLIS MN 55430	ROBYN R FLICK	RESIDENTIAL	$437,200	89 ft
1204 50TH AVE N MINNEAPOLIS MN 55430	S J WILLIAMS & E WILLIAMS	RESIDENTIAL	$458,400	90 ft
5012 FREMONT AVE N MINNEAPOLIS MN 55430	KEVIN WAGNER/DAISHA BLEVINS	RESIDENTIAL	$175,000	108 ft
5015 EMERSON AVE N MINNEAPOLIS MN 55430	FONG VANG	RESIDENTIAL	$243,400	135 ft
1200 50TH AVE N MINNEAPOLIS MN 55430	J U SARAVIA JR & B N SARAVIA	RESIDENTIAL	$437,800	136 ft
5016 FREMONT AVE N MINNEAPOLIS MN 55430	IBRAHIM HADZIHASANOVIC	RESIDENTIAL	$156,800	147 ft
1211 50TH AVE N MINNEAPOLIS MN 55430	CONNER SIMMS & MAYME SIMMS	RESIDENTIAL	$419,700	165 ft
5019 EMERSON AVE N MINNEAPOLIS MN 55430	J P RICHTER & L M RICHTER	RESIDENTIAL	$222,600	168 ft

Property History

Most Recent Sale

Date201903

Price$341,945

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,178