5604 12TH AVE S MINNEAPOLIS MN 55417

PID: 2302824240002

Property Overview

Parcel ID2302824240002

Lot Size6,039 sq ft (0.139 ac)

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

Year Built1935

Property ClassRESIDENTIAL

OwnerMICHAEL WILLIAMS/KAI BAUKOL

Assessed Value$484,500

Land Value$187,000

Building Value$297,500

Annual Tax$7,541

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

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

Permit History

2 permits on record since 2023 · $16K total declared value · Most recent: Feb 2024 (res)

ResFeb 2024Closed

CenterPoint Energy Resource Corp

MiscMar 2023Closed

$16K

ALL ELEMENTS 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 depth81 ft

Area~3,229 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 3,229 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
5600 12TH AVE S MINNEAPOLIS MN 55417	TERRENCE E RAPACZ & WIFE	RESIDENTIAL	$561,600	50 ft
5608 12TH AVE S MINNEAPOLIS MN 55417	M J GEBHARDT & T J GEBHARDT	RESIDENTIAL	$543,000	50 ft
5612 12TH AVE S MINNEAPOLIS MN 55417	S & K MILLER	RESIDENTIAL	$491,000	100 ft
5605 11TH AVE S MINNEAPOLIS MN 55417	C J CLAUSEN & S K CLAUSEN	RESIDENTIAL	$747,000	134 ft
5601 11TH AVE S MINNEAPOLIS MN 55417	CYNTHIA K PICHOTTA TRUST	RESIDENTIAL	$552,700	142 ft
5609 11TH AVE S MINNEAPOLIS MN 55417	DANIEL BUHR & KATHERINE BUHR	RESIDENTIAL	$600,600	145 ft
5616 12TH AVE S MINNEAPOLIS MN 55417	K P RIGGINS & R L RIGGINS	RESIDENTIAL	$597,700	150 ft
5544 12TH AVE S MINNEAPOLIS MN 55417	M D BICHSEL REVOC TRUST ETAL	RESIDENTIAL	$522,200	165 ft
5615 11TH AVE S MINNEAPOLIS MN 55417	J E JOHNSON & C A TOFTEY	RESIDENTIAL	$472,600	170 ft
5620 12TH AVE S MINNEAPOLIS MN 55417	K R PAUL & E G PAUL	RESIDENTIAL	$407,300	200 ft

Property History

Most Recent Sale

Date202106

Price$480,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,541