329 12TH AVE N E MINNEAPOLIS MN 55413

PID: 1402924230103

Property Overview

Parcel ID1402924230103

Lot Size5,445 sq ft (0.125 ac)

Lot Dimensions (est.)66 ft wide × 83 ft deep

Year Built1900

Property ClassRESIDENTIAL-TWO UNIT

OwnerT E FAJARDO & N PERALTA

Assessed Value$379,100

Land Value$103,000

Building Value$276,100

Annual Tax$7,200

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Goods and Services CorridorHigh

On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.

Minneapolis Great Streets ↗

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

Great Streets Façade Improvement ProgramMedium

Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.

Minneapolis — Facade Improvement Matching Grant ↗

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 ↗

Environmental Response FundMedium

Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.

Minneapolis — Brownfield Grants ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Sheridan · Minneapolis

Median reported rent1,466/mo

Renter-occupied71.3%

Median home value$320K

Vacancy rate11.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 24

Market Snapshot

Zip code 55413

Median sale price$350K+2.9% YoY

Median price / sqft$213/sqft

Median days to close69 days

Active listings27

Source: Redfin Data Center (Invalid Date) · Zip 55413

Zoning

CM2Corridor Mixed Use

Property History

Most Recent Sale

Date200505

Price$287,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,200

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
1208 UNIVERSITY AVE N E MINNEAPOLIS MN 55413	NORTHEAST PROPERTIES LLC	RESIDENTIAL-TWO UNIT	$369,200	74 ft
325 12TH AVE N E MINNEAPOLIS MN 55413	B F SCHUMANN & S INGARSAL	RESIDENTIAL	$474,600	77 ft
1216 UNIVERSITY AVE N E MINNEAPOLIS MN 55413	NORTHEAST PROPERTIES LLC	RESIDENTIAL-TWO UNIT	$418,200	128 ft
1126 UNIVERSITY AVE N E MINNEAPOLIS MN 55413	JULIA MARLENE BATRES	RESIDENTIAL	$372,100	134 ft
313 12TH AVE N E MINNEAPOLIS MN 55413	BRADLEY W & RONDA L DUNHAM	RESIDENTIAL-TWO UNIT	$505,300	147 ft
1122 UNIVERSITY AVE N E MINNEAPOLIS MN 55413	HERMACH INVESTMENTS LLC	RESIDENTIAL	$206,000	175 ft
1218 UNIVERSITY AVE N E MINNEAPOLIS MN 55413	KRISTINA SIMMONS	RESIDENTIAL	$206,600	177 ft
314 12TH AVE N E MINNEAPOLIS MN 55413	RAYMOND REMODELS LLC	RESIDENTIAL	$341,100	199 ft
311 12TH AVE N E MINNEAPOLIS MN 55413	A BARTOLETTI & L D MITTON	RESIDENTIAL	$537,800	205 ft
1120 UNIVERSITY AVE N E MINNEAPOLIS MN 55413	MCDONALD'S CORPORATION	LAND-COMMERCIAL	$84,500	215 ft