5324 12TH AVE S MINNEAPOLIS MN 55417

PID: 1402824340216

Property Overview

Parcel ID1402824340216

Lot Size4,905 sq ft (0.113 ac)

Lot Dimensions (est.)122 ft wide × 40 ft deep

Year Built1965

Property ClassRESIDENTIAL

OwnerASHLE KANNE & JEREMY KANNE

Assessed Value$400,300

Land Value$168,000

Building Value$232,300

Annual Tax$6,026

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

2 permits on record since 2017 · Most recent: Jan 2018 (existres)

ExistresJan 2018Closed

Airic's Heating & Air Conditioning Inc

ResOct 2017Closed

Linn Star Transfer Inc

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~2,479 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 2,479 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
5320 12TH AVE S MINNEAPOLIS MN 55417	P H COE & S L ROLENC	RESIDENTIAL	$439,900	40 ft
5328 12TH AVE S MINNEAPOLIS MN 55417	BROOKE S WANGSNESS	RESIDENTIAL	$457,000	41 ft
5316 12TH AVE S MINNEAPOLIS MN 55417	KATIE ABIGAIL ANDREWS	RESIDENTIAL	$480,800	80 ft
5332 12TH AVE S MINNEAPOLIS MN 55417	R PELEKE & D P F PELEKE	RESIDENTIAL	$523,200	84 ft
5312 12TH AVE S MINNEAPOLIS MN 55417	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	120 ft
5336 12TH AVE S MINNEAPOLIS MN 55417	K L KJELDAHL & W J KJELDAHL	RESIDENTIAL	$313,900	126 ft
5325 11TH AVE S MINNEAPOLIS MN 55417	NANCY A BOCKLUND LIVING TR	RESIDENTIAL	$393,600	136 ft
5321 11TH AVE S MINNEAPOLIS MN 55417	SUSAN E/THORLIEF D STANGEBYE	RESIDENTIAL	$369,100	142 ft
5329 11TH AVE S MINNEAPOLIS MN 55417	DIARMUID KELLEHER	RESIDENTIAL	$382,000	143 ft
5317 11TH AVE S MINNEAPOLIS MN 55417	KAREN LUCIA/THOMAS POTHEN	RESIDENTIAL	$352,100	158 ft

Property History

Most Recent Sale

Date202404

Price$427,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,026