5214 12TH AVE S MINNEAPOLIS MN 55417

PID: 1402824340005

Property Overview

Parcel ID1402824340005

Lot Size4,931 sq ft (0.113 ac)

Lot Dimensions (est.)123 ft wide × 40 ft deep

Year Built1925

Property ClassRESIDENTIAL

OwnerSARAH REGET & DREW REGET

Assessed Value$238,000

Land Value$169,000

Building Value$69,000

Annual Tax$3,494

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

1 permit on record since 2026 · $3K total declared value · Most recent: Apr 2026 (remodel)

RemodelApr 2026Inspection

$3K

Hage Construction Co

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

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth83 ft

Area~2,498 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 2,498 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5210 12TH AVE S MINNEAPOLIS MN 55417	WINGET FAMILY TRUST	RESIDENTIAL	$502,100	40 ft
5218 12TH AVE S MINNEAPOLIS MN 55417	B FUNK & J L FITZHARRIS-FUNK	RESIDENTIAL	$495,800	40 ft
5224 12TH AVE S MINNEAPOLIS MN 55417	L B BATHE & R E BATHE	RESIDENTIAL	$524,800	77 ft
5206 12TH AVE S MINNEAPOLIS MN 55417	NICOLE FILGAS & RYAN FILGAS	RESIDENTIAL	$401,200	80 ft
5228 12TH AVE S MINNEAPOLIS MN 55417	KATHRYN E BOYD	RESIDENTIAL	$328,600	112 ft
5202 12TH AVE S MINNEAPOLIS MN 55417	ADAM T BACK & NICOLE STARKS	RESIDENTIAL	$343,500	119 ft
5215 11TH AVE S MINNEAPOLIS MN 55417	LORRAINE D TEEL	RESIDENTIAL	$336,100	137 ft
5219 11TH AVE S MINNEAPOLIS MN 55417	ROXANNE RADECK	RESIDENTIAL	$345,700	143 ft
5211 11TH AVE S MINNEAPOLIS MN 55417	LORI WYMAN	RESIDENTIAL	$391,100	143 ft
5230 12TH AVE S MINNEAPOLIS MN 55417	BAAR PROPERTIES LLC	RESIDENTIAL	$363,300	149 ft

Property History

Most Recent Sale

Date202406

Price$210,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$3,494