5600 12TH AVE S MINNEAPOLIS MN 55417

PID: 2302824240001

Property Overview

Parcel ID2302824240001

Lot Size6,042 sq ft (0.139 ac)

Lot Dimensions (est.)122 ft wide × 50 ft deep

Year Built1938

Property ClassRESIDENTIAL

OwnerTERRENCE E RAPACZ & WIFE

Assessed Value$561,600

Land Value$185,000

Building Value$376,600

Annual Tax$9,103

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2020 · $12K total declared value · Most recent: Feb 2024 (res)

ResFeb 2024Closed

CenterPoint Energy Resource Corp

MiscSep 2021Closed

$12K

Summit Construction Group

ExistresJun 2020Closed

Ray N Welter Heating Co

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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width109 ft

Buildable depth10 ft

Area~2,989 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 2,989 sqft buildable area.

Est. units

Yield on cost

2.3%

Spread

-3.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5604 12TH AVE S MINNEAPOLIS MN 55417	MICHAEL WILLIAMS/KAI BAUKOL	RESIDENTIAL	$484,500	50 ft
5608 12TH AVE S MINNEAPOLIS MN 55417	M J GEBHARDT & T J GEBHARDT	RESIDENTIAL	$543,000	100 ft
5544 12TH AVE S MINNEAPOLIS MN 55417	M D BICHSEL REVOC TRUST ETAL	RESIDENTIAL	$522,200	115 ft
5601 11TH AVE S MINNEAPOLIS MN 55417	CYNTHIA K PICHOTTA TRUST	RESIDENTIAL	$552,700	134 ft
5605 11TH AVE S MINNEAPOLIS MN 55417	C J CLAUSEN & S K CLAUSEN	RESIDENTIAL	$747,000	145 ft
5612 12TH AVE S MINNEAPOLIS MN 55417	S & K MILLER	RESIDENTIAL	$491,000	150 ft
5540 12TH AVE S MINNEAPOLIS MN 55417	THOMAS W ANDERSON	RESIDENTIAL	$504,100	169 ft
5609 11TH AVE S MINNEAPOLIS MN 55417	DANIEL BUHR & KATHERINE BUHR	RESIDENTIAL	$600,600	170 ft
5555 11TH AVE S MINNEAPOLIS MN 55417	COLIN WICKER/GRETCHEN WICKER	RESIDENTIAL	$605,000	174 ft
5616 12TH AVE S MINNEAPOLIS MN 55417	K P RIGGINS & R L RIGGINS	RESIDENTIAL	$597,700	200 ft

Property History

Current Tax Year

Year2026

Tax Due$9,103