5945 12TH AVE S MINNEAPOLIS MN 55417

PID: 2302824420025

Property Overview

Parcel ID2302824420025

Lot Size5,844 sq ft (0.134 ac)

Lot Dimensions (est.)124 ft wide × 47 ft deep

Year Built1948

Property ClassRESIDENTIAL

OwnerT & J SCHUSTER

Assessed Value$365,100

Land Value$129,000

Building Value$236,100

Annual Tax$5,439

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2017 · $52K total declared value · Most recent: Jul 2025 (existres)

ExistresJul 2025Closed

BONFES PLUMBING HEATING AND AIR SERVICE INC

MiscMay 2025Closed

$15K

EXCEL ROOFING

RemodelMay 2025Closed

$4K

TRUNORTH SOLAR

ResMar 2019Closed

Johnson Plumbing and Heating Co

RemodelMar 2019Closed

$10K

PLUMBLINE BUILDERS OF MINNEAPOLIS

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 width111 ft

Buildable depth7 ft

Area~2,865 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 2,865 sqft buildable area.

Est. units

Yield on cost

2.5%

Spread

-3.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5941 12TH AVE S MINNEAPOLIS MN 55417	NATHAN WIESER & ANA WIESER	RESIDENTIAL	$515,700	49 ft
5937 12TH AVE S MINNEAPOLIS MN 55417	PHILIP THELEN	RESIDENTIAL	$395,500	99 ft
6001 12TH AVE S MINNEAPOLIS MN 55417	JASON F HEUER/ABBY E BARBER	RESIDENTIAL	$348,900	121 ft
5944 13TH AVE S MINNEAPOLIS MN 55417	A SMITH & D MICHAELSON	RESIDENTIAL	$331,800	137 ft
5940 13TH AVE S MINNEAPOLIS MN 55417	ANTHONY P BAKER	RESIDENTIAL	$318,100	148 ft
5933 12TH AVE S MINNEAPOLIS MN 55417	HALEY JOHNSON & PAUL DANIELS	RESIDENTIAL	$335,400	149 ft
5936 13TH AVE S MINNEAPOLIS MN 55417	LORRAINE K BOEDEKER	RESIDENTIAL	$374,500	173 ft
6000 13TH AVE S MINNEAPOLIS MN 55417	V OSTROWSKI & E HANSEN	RESIDENTIAL	$335,700	175 ft
6009 12TH AVE S MINNEAPOLIS MN 55417	NAME UNAVAILABLE	RESIDENTIAL	$282,400	185 ft
5929 12TH AVE S MINNEAPOLIS MN 55417	STACEY M MOELLER	RESIDENTIAL	$369,000	199 ft

Property History

Most Recent Sale

Date199205

Price$88,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$5,439