5100 12TH AVE S MINNEAPOLIS MN 55417

PID: 1402824310118

Property Overview

Parcel ID1402824310118

Lot Size6,408 sq ft (0.147 ac)

Lot Dimensions (est.)124 ft wide × 52 ft deep

Year Built1955

Property ClassRESIDENTIAL

OwnerNEILL T GUSTAFSON

Assessed Value$514,400

Land Value$190,000

Building Value$324,400

Annual Tax$7,979

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

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

Hale · Minneapolis

Median reported rent1,991/mo

Renter-occupied11.2%

Median home value$420K

Vacancy rate5.4%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 117.03

Market Snapshot

Zip code 55417

Median sale price$371K-4.4% YoY

Median price / sqft$244/sqft

Median days to close34 days

Active listings28

Source: Redfin Data Center (Invalid Date) · Zip 55417

Zoning

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width111 ft

Buildable depth12 ft

Area~3,247 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 3,247 sqft buildable area.

Est. units

Yield on cost

2.1%

Spread

-3.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5106 12TH AVE S MINNEAPOLIS MN 55417	RITA K CARPENTER	RESIDENTIAL	$456,600	53 ft
5048 12TH AVE S MINNEAPOLIS MN 55417	CONNIE M GERMANN TRUST	RESIDENTIAL	$397,700	106 ft
5112 12TH AVE S MINNEAPOLIS MN 55417	MARY JO MARTINSON TRUST	RESIDENTIAL	$513,100	108 ft
5101 11TH AVE S MINNEAPOLIS MN 55417	ANDREA L SIMONETT	RESIDENTIAL	$504,300	138 ft
5044 12TH AVE S MINNEAPOLIS MN 55417	ELLEN K HELD TRUSTEE	RESIDENTIAL	$387,600	146 ft
5107 11TH AVE S MINNEAPOLIS MN 55417	C A ANDERSEN & L A ANDERSEN	RESIDENTIAL	$494,400	148 ft
5118 12TH AVE S MINNEAPOLIS MN 55417	SEAN M LEARY/JILL M LEARY	RESIDENTIAL	$699,000	163 ft
5039 11TH AVE S MINNEAPOLIS MN 55417	N HEISTERKAMP & C KENNEDY	RESIDENTIAL	$463,300	175 ft
5115 11TH AVE S MINNEAPOLIS MN 55417	M J KING & K A BREZINKA	RESIDENTIAL	$441,700	175 ft
5040 12TH AVE S MINNEAPOLIS MN 55417	DEBORAH ROGERS	RESIDENTIAL	$574,100	186 ft

Property History

Most Recent Sale

Date199105

Price$1

Type—

Current Tax Year

Year2026

Tax Due$7,979