5533 12TH AVE S MINNEAPOLIS MN 55417

PID: 2302824120080

Property Overview

Parcel ID2302824120080

Lot Size6,148 sq ft (0.141 ac)

Lot Dimensions (est.)124 ft wide × 50 ft deep

Year Built1936

Property ClassRESIDENTIAL

OwnerC B & D L GREGORY

Assessed Value$421,800

Land Value$194,000

Building Value$227,800

Annual Tax$6,385

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2018 · $11K total declared value · Most recent: Feb 2024 (res)

ResFeb 2024Closed

CenterPoint Energy Resource Corp

ResDec 2020Closed

Warners Stellian Co Inc

MiscOct 2020Closed

$11K

Fit the Bill Construction

ResDec 2019Closed

Weld and Sons Plumbing Inc

ExistresJun 2018Closed

UPTOWN PLUMBING HEATING AND COOLING

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

Neighborhood Profile

Diamond Lake · Minneapolis

Median reported rent1,798/mo

Renter-occupied6.8%

Median home value$416K

Vacancy rate0.8%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 117.04

Market Snapshot

Zip code 55417

Median sale price$371K-4.4% YoY

Median price / sqft$244/sqft

Median days to close34 days

Active listings28

Source: Redfin Data Center (Invalid Date) · Zip 55417

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 width40 ft

Buildable depth83 ft

Area~3,316 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 3,316 sqft buildable area.

Est. units

Yield on cost

2.1%

Spread

-3.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5537 12TH AVE S MINNEAPOLIS MN 55417	E F ZIGMUND & C C DECH	RESIDENTIAL	$435,800	50 ft
5531 12TH AVE S MINNEAPOLIS MN 55417	MICHAEL ALLEN/KATRINA ALLEN	RESIDENTIAL	$512,400	50 ft
5541 12TH AVE S MINNEAPOLIS MN 55417	L J BANKS & C P MILLER	RESIDENTIAL	$413,500	100 ft
5525 12TH AVE S MINNEAPOLIS MN 55417	B L BERSTEIN & S W BERNSTEIN	RESIDENTIAL	$411,600	100 ft
5532 13TH AVE S MINNEAPOLIS MN 55417	J E & M J POSE	RESIDENTIAL	$458,200	136 ft
5536 13TH AVE S MINNEAPOLIS MN 55417	M R SHOCKLEY & R T SHOCKLEY	RESIDENTIAL	$511,200	144 ft
5528 13TH AVE S MINNEAPOLIS MN 55417	JACK ZABEL	RESIDENTIAL	$556,500	147 ft
5521 12TH AVE S MINNEAPOLIS MN 55417	G D ANDERSON & P B ANDERSON	RESIDENTIAL	$457,000	150 ft
5545 12TH AVE S MINNEAPOLIS MN 55417	PHU TRAN	RESIDENTIAL	$470,800	155 ft
5540 13TH AVE S MINNEAPOLIS MN 55417	TIMOTHY A LEWIS-WOLF ET AL	RESIDENTIAL	$443,100	168 ft

Property History

Most Recent Sale

Date199604

Price$137,580

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$6,385