1213 50TH AVE N MINNEAPOLIS MN 55430

PID: 1211821230297

Property Overview

Parcel ID1211821230297

Lot Size4,855 sq ft (0.111 ac)

Lot Dimensions (est.)43 ft wide × 112 ft deep

Year Built2018

Property ClassRESIDENTIAL

OwnerSTEVEN M JOHNSON

Assessed Value$411,000

Land Value$46,000

Building Value$365,000

Annual Tax$6,363

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2018 · $226K total declared value · Most recent: Nov 2018 (res)

ResNov 2018Closed

Vanwinkle Plumbing LLC

ResNov 2018Closed

7 Metro Heating and Air Conditioning

NewresNov 2018Closed

$11K

7 Metro Heating and Air Conditioning

TempheatNov 2018Closed

7 Metro Heating and Air Conditioning

NewSep 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 width33 ft

Buildable depth73 ft

Area~2,400 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 2,400 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
1211 50TH AVE N MINNEAPOLIS MN 55430	CONNER SIMMS & MAYME SIMMS	RESIDENTIAL	$419,700	44 ft
1215 50TH AVE N MINNEAPOLIS MN 55430	M S JOHNSON & P A JOHNSON	RESIDENTIAL	$427,200	45 ft
1209 50TH AVE N MINNEAPOLIS MN 55430	CHAI XIONG & TALEE VANG	RESIDENTIAL	$433,100	90 ft
4940 FREMONT AVE N MINNEAPOLIS MN 55430	MICHAEL KLATTE ET AL	RESIDENTIAL	$179,900	93 ft
1205 50TH AVE N MINNEAPOLIS MN 55430	D STANLEY & J STANLEY	RESIDENTIAL	$417,000	134 ft
4936 FREMONT AVE N MINNEAPOLIS MN 55430	SONYA CHRISSE COLEMAN	RESIDENTIAL	$144,100	136 ft
1301 50TH AVE N MINNEAPOLIS MN 55430	C PEICKERT & L SCHMALTZ	RESIDENTIAL	$358,600	153 ft
4943 EMERSON AVE N MINNEAPOLIS MN 55430	DWIGHT LARSON	RESIDENTIAL	$197,200	167 ft
1212 50TH AVE N MINNEAPOLIS MN 55430	DAVID ROSS & NIKKA ROSS	RESIDENTIAL	$445,400	172 ft
1210 50TH AVE N MINNEAPOLIS MN 55430	LISA M ESTES	RESIDENTIAL	$408,000	174 ft

Property History

Most Recent Sale

Date201902

Price$340,980

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,363