1242 W MINNEHAHA PKWY MINNEAPOLIS MN 55419

PID: 1602824420099

Property Overview

Parcel ID1602824420099

Lot Size8,438 sq ft (0.194 ac)

Lot Dimensions (est.)141 ft wide × 60 ft deep

Year Built1922

Property ClassRESIDENTIAL

OwnerCHARLES FROHMAN/FAYE FROHMAN

Assessed Value$1,260,000

Land Value$463,000

Building Value$797,000

Annual Tax$22,088

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2014 · $238K total declared value · Most recent: Apr 2021 (res)

ResApr 2021Closed

Twin City Fireplace & Stone Company

ResMar 2021Closed

Select Mechanical Services Inc

RemodelFeb 2021Closed

$150K

QUARTERSAWN DESIGN BUILD

ResJan 2021Closed

Select Mechanical Services Inc

ExistresJan 2021Closed

Select Mechanical Services Inc

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

Neighborhood Profile

Lynnhurst · Minneapolis

Median reported rent1,759/mo

Renter-occupied8.6%

Median home value$617K

Vacancy rate2.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1114

Market Snapshot

Zip code 55419

Median sale price$494K-4.7% YoY

Median price / sqft$270/sqft

Median days to close29 days

Active listings30

Source: Redfin Data Center (Invalid Date) · Zip 55419

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 width48 ft

Buildable depth105 ft

Area~4,996 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 4,996 sqft buildable area.

Est. units

Yield on cost

2.5%

Spread

-3.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1238 W MINNEHAHA PKWY MINNEAPOLIS MN 55419	NANCY H BUNNETT TRUST	RESIDENTIAL	$837,400	55 ft
1246 W MINNEHAHA PKWY MINNEAPOLIS MN 55419	H FOLKERDS & D FOLKERDS	RESIDENTIAL	$968,000	58 ft
1234 W MINNEHAHA PKWY MINNEAPOLIS MN 55419	WILLIAM L GARRARD JR & WIFE	RESIDENTIAL	$920,300	105 ft
1250 W MINNEHAHA PKWY MINNEAPOLIS MN 55419	DAVID & GABRIELA LAMBERT	RESIDENTIAL	$1,247,300	112 ft
1219 51ST ST W MINNEAPOLIS MN 55419	MYER JOY	RESIDENTIAL	$1,088,600	148 ft
1230 W MINNEHAHA PKWY MINNEAPOLIS MN 55419	J J MOGUSH & P H MOGUSH	RESIDENTIAL	$857,800	159 ft
1215 51ST ST W MINNEAPOLIS MN 55419	D CRAMER & C REED	RESIDENTIAL	$633,100	187 ft
5112 EMERSON AVE S MINNEAPOLIS MN 55419	L S HENNEMAN & P A RAGOZZINO	RESIDENTIAL	$805,000	198 ft
1226 W MINNEHAHA PKWY MINNEAPOLIS MN 55419	W LADNER & A SNUGGERUD	RESIDENTIAL	$700,700	209 ft
5116 EMERSON AVE S MINNEAPOLIS MN 55419	MYKOLA MALINOWSKY ETAL	RESIDENTIAL	$720,400	214 ft

Property History

Most Recent Sale

Date201403

Price$375,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$22,088