311 12TH AVE N E MINNEAPOLIS MN 55413

PID: 1402924230209

Property Overview

Parcel ID1402924230209

Lot Size9,900 sq ft (0.227 ac)

Lot Dimensions (est.)60 ft wide × 165 ft deep

Year Built2003

Property ClassRESIDENTIAL

OwnerA BARTOLETTI & L D MITTON

Assessed Value$537,800

Land Value$166,000

Building Value$371,800

Annual Tax$8,459

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2003 · $336K total declared value · Most recent: Apr 2025 (res)

ResApr 2025Closed

Cities 1 Plumbing and Heating Inc

ExistresNov 2024Closed

Perfection Heating and Air Conditioning Inc

RemodelMar 2019Closed

$10K

ALL ENERGY SOLAR INC

RemodelMar 2017Closed

$7K

GREY DUCK LLC

ResMar 2017Closed

MADETZKE AND GUST PLUMBING INC

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

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 width50 ft

Buildable depth125 ft

Area~6,251 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 3-story wood frame (5–12 units) benchmarks for 6,251 sqft buildable area.

Est. units

Yield on cost

4.3%

Spread

-1.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
313 12TH AVE N E MINNEAPOLIS MN 55413	BRADLEY W & RONDA L DUNHAM	RESIDENTIAL-TWO UNIT	$505,300	62 ft
1203 3RD ST N E MINNEAPOLIS MN 55413	LORI A VAN HOLMES ET AL	RESIDENTIAL	$255,500	66 ft
1205 3RD ST N E MINNEAPOLIS MN 55413	A M KEMPER & K M JOHNS	RESIDENTIAL-TWO UNIT	$480,000	75 ft
1203 3RD ST N E MINNEAPOLIS MN 55413	JACOB OIE	RESIDENTIAL-TWO UNIT	$214,700	82 ft
1201 3RD ST N E MINNEAPOLIS MN 55413	SEAN FOSTER	RESIDENTIAL	$209,000	97 ft
325 12TH AVE N E MINNEAPOLIS MN 55413	B F SCHUMANN & S INGARSAL	RESIDENTIAL	$474,600	131 ft
306 13TH AVE N E MINNEAPOLIS MN 55413	AVENUE 13 LLC	RESIDENTIAL-TWO UNIT	$396,800	165 ft
310 13TH AVE N E MINNEAPOLIS MN 55413	AVENUE 13 LLC	RESIDENTIAL-TWO UNIT	$337,100	168 ft
1208 UNIVERSITY AVE N E MINNEAPOLIS MN 55413	NORTHEAST PROPERTIES LLC	RESIDENTIAL-TWO UNIT	$369,200	169 ft
300 13TH AVE N E MINNEAPOLIS MN 55413	JLK GUVS LLC	RESIDENTIAL	$1,008,000	176 ft

Property History

Most Recent Sale

Date201010

Price$225,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,459