5640 12TH AVE S MINNEAPOLIS MN 55417

PID: 2302824240011

Property Overview

Parcel ID2302824240011

Lot Size6,012 sq ft (0.138 ac)

Lot Dimensions (est.)121 ft wide × 50 ft deep

Year Built1937

Property ClassRESIDENTIAL

OwnerJ G STEWART & D L STEWART

Assessed Value$485,000

Land Value$186,000

Building Value$299,000

Annual Tax$7,526

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

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 depth80 ft

Area~3,207 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 3,207 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
5636 12TH AVE S MINNEAPOLIS MN 55417	CHERYL H IMDIEKE TRUST ET AL	RESIDENTIAL	$476,600	50 ft
5644 12TH AVE S MINNEAPOLIS MN 55417	C A IHME & S Z IHME	RESIDENTIAL	$463,000	55 ft
5632 12TH AVE S MINNEAPOLIS MN 55417	M R BROLSMA & K A BROLSMA	RESIDENTIAL	$542,200	100 ft
5641 11TH AVE S MINNEAPOLIS MN 55417	C MACK-OLSON & H LARSON	RESIDENTIAL	$466,700	134 ft
5637 11TH AVE S MINNEAPOLIS MN 55417	CHRISTINE L SOLBERG	RESIDENTIAL	$635,000	142 ft
5645 11TH AVE S MINNEAPOLIS MN 55417	EDITH M JAMES	RESIDENTIAL	$551,400	146 ft
5628 12TH AVE S MINNEAPOLIS MN 55417	J HARKNESS/J L ROSE-HARKNESS	RESIDENTIAL	$388,500	150 ft
5633 11TH AVE S MINNEAPOLIS MN 55417	S F WERLE & C M W ROURKE	RESIDENTIAL	$539,000	165 ft
5700 12TH AVE S MINNEAPOLIS MN 55417	C L FARNHAM & A CHILDERS	RESIDENTIAL	$449,000	169 ft
5629 11TH AVE S MINNEAPOLIS MN 55417	R FELDMAN & B CLEVELAND	RESIDENTIAL	$558,000	199 ft

Property History

Most Recent Sale

Date201705

Price$328,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,526