5230 12TH AVE S MINNEAPOLIS MN 55417

PID: 1402824340115

Property Overview

Parcel ID1402824340115

Lot Size4,927 sq ft (0.113 ac)

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

Year Built1931

Property ClassRESIDENTIAL

OwnerBAAR PROPERTIES LLC

Assessed Value$363,300

Land Value$169,000

Building Value$194,300

Annual Tax$5,603

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

5 permits on record since 2017 · $25K total declared value · Most recent: Sep 2023 (misc)

MiscSep 2023Cancelled

$8K

SCHERER BROTHERS LUMBER CO

AccessorySep 2023Closed

$17K

SUSSEL CORP

ExistresAug 2022Closed

AQUARIUS HOME SERVICES

ExistresAug 2022Closed

AQUARIUS HOME SERVICES

ResJan 2017Closed

CENTERPOINT ENERGY

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~2,494 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 2,494 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
5228 12TH AVE S MINNEAPOLIS MN 55417	KATHRYN E BOYD	RESIDENTIAL	$328,600	37 ft
5232 12TH AVE S MINNEAPOLIS MN 55417	B BAAR/K BAAR/BAAR PROPS LLC	RESIDENTIAL	$449,300	40 ft
5224 12TH AVE S MINNEAPOLIS MN 55417	L B BATHE & R E BATHE	RESIDENTIAL	$524,800	72 ft
5236 12TH AVE S MINNEAPOLIS MN 55417	HEIDI YLVISAKER	RESIDENTIAL	$362,700	80 ft
5218 12TH AVE S MINNEAPOLIS MN 55417	B FUNK & J L FITZHARRIS-FUNK	RESIDENTIAL	$495,800	109 ft
5240 12TH AVE S MINNEAPOLIS MN 55417	R K HIPP & E S PETERSON	RESIDENTIAL	$369,800	120 ft
5231 11TH AVE S MINNEAPOLIS MN 55417	C B/E J WHITE JR	RESIDENTIAL	$366,100	137 ft
5229 11TH AVE S MINNEAPOLIS MN 55417	RENEE M MARTIN	RESIDENTIAL	$359,800	142 ft
5235 11TH AVE S MINNEAPOLIS MN 55417	MATTHEW C WULF	RESIDENTIAL	$367,100	143 ft
5214 12TH AVE S MINNEAPOLIS MN 55417	SARAH REGET & DREW REGET	RESIDENTIAL	$238,000	149 ft

Property History

Most Recent Sale

Date202205

Price$375,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,603