304 12TH AVE N E MINNEAPOLIS MN 55413

PID: 1402924230154

Property Overview

Parcel ID1402924230154

Lot Size2,722 sq ft (0.062 ac)

Lot Dimensions (est.)33 ft wide × 82 ft deep

Year Built1900

Property ClassRESIDENTIAL-TWO UNIT

OwnerVICTORIA HIDALGO GONZALEZ

Assessed Value$352,800

Land Value$89,000

Building Value$263,800

Annual Tax$5,254

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

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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width23 ft

Buildable depth42 ft

Area~978 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 978 sqft buildable area.

Est. units

Yield on cost

3.1%

Spread

-2.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
306 12TH AVE N E MINNEAPOLIS MN 55413	VALUE HOMES LLC	RESIDENTIAL-TWO UNIT	$238,100	33 ft
300 12TH AVE N E MINNEAPOLIS MN 55413	J P SANDEEN & LAUREN J MARSH	RESIDENTIAL-TWO UNIT	$413,000	49 ft
1123 3RD ST N E MINNEAPOLIS MN 55413	TIMOTHY S KENNEDY	RESIDENTIAL-TWO UNIT	$354,600	66 ft
308 12TH AVE N E MINNEAPOLIS MN 55413	MARY E FORKENBROCK	RESIDENTIAL	$229,200	67 ft
314 12TH AVE N E MINNEAPOLIS MN 55413	RAYMOND REMODELS LLC	RESIDENTIAL	$341,100	100 ft
1201 3RD ST N E MINNEAPOLIS MN 55413	SEAN FOSTER	RESIDENTIAL	$209,000	126 ft
MN	Unknown	—	—	130 ft
1117 3RD ST N E MINNEAPOLIS MN 55413	LORREN STAFFORD/ROSE HELLAT	CONDOMINIUM	$249,000	130 ft
1117 3RD ST N E MINNEAPOLIS MN 55413	JECA HOLDINGS I LLC	CONDOMINIUM	$248,000	130 ft
1117 3RD ST N E MINNEAPOLIS MN 55413	LORREN R STAFFORD	CONDOMINIUM	$252,000	130 ft

Property History

Most Recent Sale

Date202312

Price$357,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,254