5517 12TH AVE S MINNEAPOLIS MN 55417

PID: 2302824120084

Property Overview

Parcel ID2302824120084

Lot Size6,145 sq ft (0.141 ac)

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

Year Built1937

Property ClassRESIDENTIAL

OwnerJAN E O'BRIEN-SWEET TRUST

Assessed Value$464,000

Land Value$194,000

Building Value$270,000

Annual Tax$7,089

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2019 · $19K total declared value · Most recent: Jul 2022 (remodel)

RemodelJul 2022Closed

$19K

PLATINUM REMODELING AND HANDYMAN SERVICES LLC

ResJun 2022Closed

Weld and Sons Plumbing Inc

ExistresJun 2022Closed

4Front Energy Solutions Inc

ResMay 2019Closed

Urban Pine Plumbing and Mechanical Inc

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~3,314 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 3,314 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
5521 12TH AVE S MINNEAPOLIS MN 55417	G D ANDERSON & P B ANDERSON	RESIDENTIAL	$457,000	50 ft
5515 12TH AVE S MINNEAPOLIS MN 55417	N G & JONATHAN I NICHOLSON	RESIDENTIAL	$671,200	50 ft
5525 12TH AVE S MINNEAPOLIS MN 55417	B L BERSTEIN & S W BERNSTEIN	RESIDENTIAL	$411,600	100 ft
5509 12TH AVE S MINNEAPOLIS MN 55417	NANCY GALLOS/STEPHEN GALLOS	RESIDENTIAL	$432,600	100 ft
5516 13TH AVE S MINNEAPOLIS MN 55417	R A RIMNAC & K A RIMNAC	RESIDENTIAL	$438,600	136 ft
5520 13TH AVE S MINNEAPOLIS MN 55417	B BRATAGER & R BRATAGER	RESIDENTIAL	$431,900	144 ft
5512 13TH AVE S MINNEAPOLIS MN 55417	MARY C AMUNDSON	RESIDENTIAL	$486,700	147 ft
5531 12TH AVE S MINNEAPOLIS MN 55417	MICHAEL ALLEN/KATRINA ALLEN	RESIDENTIAL	$512,400	150 ft
5505 12TH AVE S MINNEAPOLIS MN 55417	ELENA K FLORY	RESIDENTIAL	$543,200	150 ft
5524 13TH AVE S MINNEAPOLIS MN 55417	J C LEPAK & K W LEPAK	RESIDENTIAL	$438,600	167 ft

Property History

Most Recent Sale

Date198602

Price$100,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$7,089