4740 12TH AVE S MINNEAPOLIS MN 55407

PID: 1402824210015

Property Overview

Parcel ID1402824210015

Lot Size6,194 sq ft (0.142 ac)

Lot Dimensions (est.)124 ft wide × 50 ft deep

Year Built1927

Property ClassRESIDENTIAL

OwnerD CUNNINGHAM/R CUNNINGHAM

Assessed Value$460,000

Land Value$217,000

Building Value$243,000

Annual Tax$7,023

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

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

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Northrop · Minneapolis

Median reported rent1,090/mo

Renter-occupied19.0%

Median home value$334K

Vacancy rate0.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 110

Market Snapshot

Zip code 55407

Median sale price$340K+1.5% YoY

Median price / sqft$214/sqft

Median days to close22 days

Active listings49

Source: Redfin Data Center (Invalid Date) · Zip 55407

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 depth84 ft

Area~3,353 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 3,353 sqft buildable area.

Est. units

Yield on cost

2.0%

Spread

-3.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4744 12TH AVE S MINNEAPOLIS MN 55407	MELISSA SCOTT	RESIDENTIAL	$708,000	49 ft
4736 12TH AVE S MINNEAPOLIS MN 55407	BRUCE E & JULIE A YODER	RESIDENTIAL	$576,200	50 ft
4732 12TH AVE S MINNEAPOLIS MN 55407	TYLOR COLEY	RESIDENTIAL	$496,900	100 ft
4741 11TH AVE S MINNEAPOLIS MN 55407	M K ROWLEY & C ROWLEY	RESIDENTIAL	$458,000	137 ft
4745 11TH AVE S MINNEAPOLIS MN 55407	NICOLE M DARCY	RESIDENTIAL	$447,900	146 ft
4737 11TH AVE S MINNEAPOLIS MN 55407	S K STOELZING/K L STOELZING	RESIDENTIAL	$478,800	146 ft
4728 12TH AVE S MINNEAPOLIS MN 55407	H DANESHMAND/M J JOHNSON	RESIDENTIAL	$567,200	150 ft
4800 12TH AVE S MINNEAPOLIS MN 55417	P & A K SCHOW	RESIDENTIAL	$493,500	158 ft
4733 11TH AVE S MINNEAPOLIS MN 55407	JEAN E FELIEN	RESIDENTIAL	$464,400	170 ft
4724 12TH AVE S MINNEAPOLIS MN 55407	B J STEVENS & J B DAHLBERG	RESIDENTIAL	$563,800	200 ft

Property History

Most Recent Sale

Date202002

Price$350,000

TypePROBATE DEED

Current Tax Year

Year2026

Tax Due$7,023