1212 LAKEVIEW AVE S MINNEAPOLIS MN 55416

PID: 2902924310036

Property Overview

Parcel ID2902924310036

Lot Size5,177 sq ft (0.119 ac)

Lot Dimensions (est.)40 ft wide × 130 ft deep

Year Built1926

Property ClassRESIDENTIAL

OwnerSANDRA J RIEKKI

Assessed Value$457,200

Land Value$211,000

Building Value$246,200

Annual Tax$6,975

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2017 · $45K total declared value · Most recent: Jul 2024 (misc)

MiscJul 2024Closed

$35K

SCHERER BROTHERS LUMBER CO

ResJan 2024Closed

ED BROWN PLUMBING LLC

RemodelNov 2023Expired

$5K

Xpres Remodeling

MiscSep 2023Closed

$4K

INCLINE EXTERIORS

ResFeb 2017Closed

Norblom Plumbing Co

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Bryn - Mawr · Minneapolis

Median reported rent1,697/mo

Renter-occupied14.8%

Median home value$467K

Vacancy rate0.0%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1051

Market Snapshot

Zip code 55416

Median sale price$395K-8.1% YoY

Median price / sqft$246/sqft

Median days to close46 days

Active listings89

Source: Redfin Data Center (Invalid Date) · Zip 55416

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth89 ft

Area~2,679 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 small multifamily (2–4 units, wood frame) benchmarks for 2,679 sqft buildable area.

Est. units

Yield on cost

3.2%

Spread

-2.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1216 LAKEVIEW AVE S MINNEAPOLIS MN 55416	ELLENNE A WEBER	RESIDENTIAL	$636,500	40 ft
1208 LAKEVIEW AVE S MINNEAPOLIS MN 55416	AMY JOHNS & ANDREW HEIRING	RESIDENTIAL	$599,000	45 ft
1224 LAKEVIEW AVE S MINNEAPOLIS MN 55416	SHANNON LORENZ	RESIDENTIAL	$643,100	105 ft
1200 LAKEVIEW AVE S MINNEAPOLIS MN 55416	GAL ELISHVILI & NETANEL GUTT	RESIDENTIAL-TWO UNIT	$715,200	105 ft
1215 CEDAR LAKE RD S MINNEAPOLIS MN 55416	ANDREW BERG & LAUREN NOVAK	RESIDENTIAL	$577,800	146 ft
1217 CEDAR LAKE RD S MINNEAPOLIS MN 55416	M D KINNEE & G H JOHNSON	RESIDENTIAL	$553,900	148 ft
1209 CEDAR LAKE RD S MINNEAPOLIS MN 55416	SYLVIA N QUILES	RESIDENTIAL	$419,000	154 ft
1221 CEDAR LAKE RD S MINNEAPOLIS MN 55416	L D MONSON & S J MONSON	RESIDENTIAL	$478,700	160 ft
1211 LAKEVIEW AVE S MINNEAPOLIS MN 55416	PATRICIA BOHATY	RESIDENTIAL	$558,500	165 ft
1225 CEDAR LAKE RD S MINNEAPOLIS MN 55416	L R WASSERMAN & A S KLAPACH	RESIDENTIAL	$862,000	180 ft

Property History

Current Tax Year

Year2026

Tax Due$6,975