5240 12TH AVE S MINNEAPOLIS MN 55417

PID: 1402824340118· 1 field stubbed (see below)

Property Overview

Parcel ID1402824340118

Lot Size4,923 sq ft (0.113 ac)

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

Year Built1937

Property ClassRESIDENTIAL

OwnerR K HIPP & E S PETERSON

Assessed Value$369,800

Land Value$169,000

Building Value$200,800

Annual Tax$5,517

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

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

Zoning data is available for Minneapolis and Saint Paul parcels. This parcel may be outside those city boundaries.

Property History

Most Recent Sale

Date202305

Price$406,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,517

Development Feasibility

No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5236 12TH AVE S MINNEAPOLIS MN 55417	HEIDI YLVISAKER	RESIDENTIAL	$362,700	40 ft
5244 12TH AVE S MINNEAPOLIS MN 55417	C C BEETH & T A BEETH	RESIDENTIAL	$401,900	40 ft
5232 12TH AVE S MINNEAPOLIS MN 55417	B BAAR/K BAAR/BAAR PROPS LLC	RESIDENTIAL	$449,300	80 ft
5248 12TH AVE S MINNEAPOLIS MN 55417	SUSAN J OLSON	RESIDENTIAL	$249,400	80 ft
5230 12TH AVE S MINNEAPOLIS MN 55417	BAAR PROPERTIES LLC	RESIDENTIAL	$363,300	120 ft
5252 12TH AVE S MINNEAPOLIS MN 55417	ELIZABETH ANN KUNZ	RESIDENTIAL	$385,000	130 ft
5241 11TH AVE S MINNEAPOLIS MN 55417	BRADLEY L ANDERSON ET AL	RESIDENTIAL	$316,800	137 ft
5239 11TH AVE S MINNEAPOLIS MN 55417	B & S LACASSE	RESIDENTIAL	$336,800	142 ft
5245 11TH AVE S MINNEAPOLIS MN 55417	ALAN JAMES KRUEGER	RESIDENTIAL	$429,100	143 ft
5228 12TH AVE S MINNEAPOLIS MN 55417	KATHRYN E BOYD	RESIDENTIAL	$328,600	157 ft

Stub notice: The following fields could not be fetched from live sources and are shown as "—": zoning. See README for details on which sources are live vs. stubbed.