1612 LYN CURVE AVE N MINNEAPOLIS MN 55411

PID: 1502924320117

Property Overview

Parcel ID1502924320117

Lot Size9,463 sq ft (0.217 ac)

Lot Dimensions (est.)143 ft wide × 66 ft deep

Year Built1978

Property ClassRESIDENTIAL

OwnerGEORGE R SMITH

Assessed Value$237,500

Land Value$45,000

Building Value$192,500

Annual Tax$3,323

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Area of Concentrated PovertyHigh

In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.

Minneapolis — Affordable Housing Trust Fund ↗

Potential programs

Great Streets Gap FinancingMedium

Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.

Minneapolis Great Streets — Gap Financing ↗

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

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Near - North · Minneapolis

Median reported rent409/mo

Renter-occupied59.5%

Median home value$245K

Vacancy rate10.1%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1263

Market Snapshot

Zip code 55411

Median sale price$243K-2.9% YoY

Median price / sqft$140/sqft

Median days to close40 days

Active listings67

Source: Redfin Data Center (Invalid Date) · Zip 55411

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width66 ft

Buildable depth85 ft

Area~5,683 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 small multifamily (2–4 units, wood frame) benchmarks for 5,683 sqft buildable area.

Est. units

Yield on cost

4.1%

Spread

-1.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1700 LYN CURVE AVE N MINNEAPOLIS MN 55411	HAKIMA DINI	RESIDENTIAL	$275,000	70 ft
1608 LYN CURVE AVE N MINNEAPOLIS MN 55411	RAS D WOOTEN	RESIDENTIAL	$311,700	71 ft
1704 LYN CURVE AVE N MINNEAPOLIS MN 55411	LISA L & MARCUS S THORPE	RESIDENTIAL	$253,000	142 ft
1604 LYN CURVE AVE N MINNEAPOLIS MN 55411	W F SHUFORD III/S R SHUFORD	RESIDENTIAL	$253,000	153 ft
1613 LYN CURVE AVE N MINNEAPOLIS MN 55411	M L DE MORAIS/M C DE MORAIS	RESIDENTIAL	$233,000	189 ft
1701 LYN CURVE AVE N MINNEAPOLIS MN 55411	TAMEIKA JACKSON	RESIDENTIAL	$285,400	207 ft
1708 LYN CURVE AVE N MINNEAPOLIS MN 55411	M S F FERNANDEZ & C N SOJOS	RESIDENTIAL	$217,400	213 ft
1600 LYN CURVE AVE N MINNEAPOLIS MN 55411	G W MCCRAY & V L COLE	RESIDENTIAL	$272,000	213 ft
1609 LYN CURVE AVE N MINNEAPOLIS MN 55411	AMINA A FARAH	RESIDENTIAL	$301,900	219 ft
MN	Unknown	—	—	238 ft

Property History

Current Tax Year

Year2026

Tax Due$3,323