2012 IRVING AVE S MINNEAPOLIS MN 55405

PID: 3302924210004

Property Overview

Parcel ID3302924210004

Lot Size10,385 sq ft (0.238 ac)

Lot Dimensions (est.)178 ft wide × 58 ft deep

Year Built1907

Property ClassRESIDENTIAL

OwnerA HO & T A HUDSON

Assessed Value$1,184,000

Land Value$473,000

Building Value$711,000

Annual Tax$20,650

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

11 permits on record since 2003 · $180K total declared value · Most recent: Aug 2024 (misc)

MiscAug 2024Closed

$28K

KAUFMAN SHEET METAL ROOFING INC

ResJun 2023Closed

MN Plumbing & Home Services INC

ResOct 2019Closed

FIRESIDE HEARTH AND HOME

ExistresFeb 2019Closed

HEALTHY HOMES LLC

ResDec 2017Closed

Patton Heating And Air Conditioning Inc

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

Neighborhood Profile

Lowry Hill · Minneapolis

Median reported rent1,289/mo

Renter-occupied58.6%

Median home value$620K

Vacancy rate3.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1055

Market Snapshot

Zip code 55405

Median sale price$530K+73.8% YoY

Median price / sqft$270/sqft

Median days to close45 days

Active listings39

Source: Redfin Data Center (Invalid Date) · Zip 55405

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 width50 ft

Buildable depth133 ft

Area~6,651 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 6,651 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2018 IRVING AVE S MINNEAPOLIS MN 55405	LARRY E JONES ET AL	RESIDENTIAL	$1,137,100	60 ft
2008 IRVING AVE S MINNEAPOLIS MN 55405	L KOHL & J LAINE	RESIDENTIAL	$1,316,200	61 ft
2100 IRVING AVE S MINNEAPOLIS MN 55405	SARAH KOTTKE & CHAD PROELL	RESIDENTIAL	$1,132,000	115 ft
2000 IRVING AVE S MINNEAPOLIS MN 55405	LAURA DIAMANDOPOULOS	CONDOMINIUM	$1,022,000	144 ft
1613 FRANKLIN AVE W MINNEAPOLIS MN 55405	FAR EAST LLC	CONDOMINIUM	$1,030,000	144 ft
1615 FRANKLIN AVE W MINNEAPOLIS MN 55405	ROBERT STICH & LEAH STICH	CONDOMINIUM	$713,000	144 ft
MN	Unknown	—	—	144 ft
1617 FRANKLIN AVE W MINNEAPOLIS MN 55405	T Z STRULOVITCH ETAL	RESIDENTIAL	$1,381,600	173 ft
2015 JAMES AVE S MINNEAPOLIS MN 55405	ALLAN H ERBSEN & JILL HASDAY	RESIDENTIAL	$2,201,000	177 ft
2104 IRVING AVE S MINNEAPOLIS MN 55405	JAMES REGAN/ELISABETH REGAN	RESIDENTIAL	$929,600	190 ft

Property History

Most Recent Sale

Date200109

Price$610,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$20,650