2112 HUMBOLDT AVE S MINNEAPOLIS MN 55405

PID: 3302924210018

Property Overview

Parcel ID3302924210018

Lot Size11,978 sq ft (0.275 ac)

Lot Dimensions (est.)152 ft wide × 79 ft deep

Year Built1909

Property ClassRESIDENTIAL

OwnerM S STERN & S T STERN

Assessed Value$1,199,000

Land Value$376,000

Building Value$823,000

Annual Tax$20,934

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2021 · $109K total declared value · Most recent: Sep 2023 (misc)

MiscSep 2023Closed

$10K

SELA ROOFING AND REMODELING INC

MiscJun 2023Closed

$16K

SELA ROOFING AND REMODELING INC

ResJul 2021Closed

Janecky Plumbing Service Inc

RemodelJul 2021Closed

$83K

REVOLUTION DESIGN AND BUILD

ExistresJul 2021Closed

Perfection 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 width70 ft

Buildable depth110 ft

Area~7,675 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 7,675 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2108 HUMBOLDT AVE S MINNEAPOLIS MN 55405	KINDRED REVOCABLE FAMILY TR	RESIDENTIAL	$694,500	68 ft
1500 22ND ST W MINNEAPOLIS MN 55405	MANNING SUZUKIDA LIVING TR	RESIDENTIAL	$1,276,000	75 ft
2104 HUMBOLDT AVE S MINNEAPOLIS MN 55405	C VAN DE WEGHE TRUST ET AL	RESIDENTIAL	$1,403,000	118 ft
1518 22ND ST W MINNEAPOLIS MN 55405	T KOJASOY & S E KOJASOY	RESIDENTIAL	$1,102,900	161 ft
2100 HUMBOLDT AVE S MINNEAPOLIS MN 55405	J R ACHTERHOFF & M C JENSEN	RESIDENTIAL	$1,004,700	165 ft
2111 IRVING AVE S MINNEAPOLIS MN 55405	K SCHNEIDER & P GLEEKEL	RESIDENTIAL-TWO UNIT	$1,008,600	166 ft
2200 HUMBOLDT AVE S MINNEAPOLIS MN 55405	P R SACKETT & P H SACKETT	RESIDENTIAL	$863,700	193 ft
2105 IRVING AVE S MINNEAPOLIS MN 55405	D S ELLENA & J L BJORKLUND	RESIDENTIAL	$1,183,600	194 ft
2119 HUMBOLDT AVE S MINNEAPOLIS MN 55405	MATTHEW JOLLY REV TR ET AL	RESIDENTIAL	$1,214,700	199 ft
2123 HUMBOLDT AVE S MINNEAPOLIS MN 55405	C M PETER & S W PETER	RESIDENTIAL	$867,200	202 ft

Property History

Most Recent Sale

Date202101

Price$1,300,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$20,934