1404 12TH AVE N E MINNEAPOLIS MN 55413

PID: 1302924240150

Property Overview

Parcel ID1302924240150

Lot Size5,730 sq ft (0.132 ac)

Lot Dimensions (est.)44 ft wide × 132 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerA L BROWNE & E K CONDA

Assessed Value$188,900

Land Value$90,000

Building Value$98,900

Annual Tax$2,831

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2023 · $7K total declared value · Most recent: May 2026 (existres)

ExistresMay 2026Inspection

Alexander Browne

MiscAug 2024Closed

$7K

SHELTER CONSTRUCTION LLC

ResOct 2023Closed

CenterPoint Energy Resource Corp

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

Neighborhood Profile

Northeast Park · Minneapolis

Median reported rent1,449/mo

Renter-occupied53.8%

Median home value$277K

Vacancy rate1.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1026

Market Snapshot

Zip code 55413

Median sale price$350K+2.9% YoY

Median price / sqft$213/sqft

Median days to close69 days

Active listings27

Source: Redfin Data Center (Invalid Date) · Zip 55413

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 depth93 ft

Area~3,074 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 3,074 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1135 BUCHANAN ST N E MINNEAPOLIS MN 55413	FOX BOX LLC	COMMERCIAL-PREFERRED	$856,000	47 ft
1408 12TH AVE N E MINNEAPOLIS MN 55413	DAVID B GRIDER	APARTMENT	$303,000	71 ft
1128 LINCOLN ST N E MINNEAPOLIS MN 55413	COMMUNITY FIRST DEVELOPMENT	VACANT LAND-RESIDENTIAL	$56,000	137 ft
1130 LINCOLN ST N E MINNEAPOLIS MN 55413	JEROME A CARON	RESIDENTIAL-TWO UNIT	$238,900	137 ft
1113 BUCHANAN ST N E MINNEAPOLIS MN 55413	FOX BOX LLC	LAND-COMMERCIAL	$59,200	138 ft
1134 LINCOLN ST N E MINNEAPOLIS MN 55413	NICHOLAS KIRNYCZUK	RESIDENTIAL-TWO UNIT	$250,100	144 ft
1122 LINCOLN ST N E MINNEAPOLIS MN 55413	GOLDEN GOPHER PROPERTIES LLC	RESIDENTIAL	$238,500	151 ft
1405 12TH AVE N E MINNEAPOLIS MN 55413	KATHRYN KOTTENBROCK	RESIDENTIAL	$198,800	165 ft
1413 12TH AVE N E MINNEAPOLIS MN 55413	JORDAN OELSCHLAGER	RESIDENTIAL-TWO UNIT	$323,300	169 ft
1201 BUCHANAN ST N E MINNEAPOLIS MN 55413	ELIZABETH A ASHTON	RESIDENTIAL	$368,400	172 ft

Property History

Most Recent Sale

Date202004

Price$204,350

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,831