2012 JAMES AVE S MINNEAPOLIS MN 55405

PID: 3302924210099

Property Overview

Parcel ID3302924210099

Lot Size11,539 sq ft (0.265 ac)

Lot Dimensions (est.)110 ft wide × 105 ft deep

Year Built1908

Property ClassRESIDENTIAL

OwnerVIVEK AGRAWAL & RITU BHATT

Assessed Value$2,097,000

Land Value$697,000

Building Value$1,400,000

Annual Tax$37,922

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

10 permits on record since 2001 · $962K total declared value · Most recent: Apr 2026 (misc)

MiscApr 2026Final Inspection

$48K

SELA ROOFING AND REMODELING INC

RemodelSep 2024Closed

$4K

AMERICAN WATERWORKS

ResMar 2024Expired

MN Plumbing & Home Services INC

ExistresFeb 2018Closed

Pronto Heating & Air Conditioning Inc

MiscSep 2017Closed

$7K

LES JONES ROOFING 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

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 width95 ft

Buildable depth70 ft

Area~6,635 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 6,635 sqft buildable area.

Est. units

Yield on cost

2.2%

Spread

-3.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2010 JAMES AVE S MINNEAPOLIS MN 55405	YANG LIU & JIAPING FU	RESIDENTIAL	$1,216,000	80 ft
2100 JAMES AVE S MINNEAPOLIS MN 55405	MARK ADDICKS REVOCABLE TRUST	RESIDENTIAL	$3,012,500	108 ft
2004 JAMES AVE S MINNEAPOLIS MN 55405	KENDRA C REICHENAU REV TRUST	RESIDENTIAL	$1,784,400	156 ft
1719 FRANKLIN AVE W MINNEAPOLIS MN 55405	485 LLC	RESIDENTIAL	$4,383,100	161 ft
2115 E LAKE OF ISLES PKWY MINNEAPOLIS MN 55405	MPR 2021 TRUST	RESIDENTIAL	$2,652,500	187 ft
2011 JAMES AVE S MINNEAPOLIS MN 55405	K & R AHMED	RESIDENTIAL	$747,000	191 ft
2015 JAMES AVE S MINNEAPOLIS MN 55405	ALLAN H ERBSEN & JILL HASDAY	RESIDENTIAL	$2,201,000	202 ft
2005 JAMES AVE S MINNEAPOLIS MN 55405	S B VENABLE & L J VENABLE	RESIDENTIAL	$1,132,200	228 ft
2103 JAMES AVE S MINNEAPOLIS MN 55405	D S SANBORN & S K SANBORN	RESIDENTIAL	$1,712,700	236 ft
1721 FRANKLIN AVE W MINNEAPOLIS MN 55405	485 LLC	RESIDENTIAL	$1,005,000	255 ft

Property History

Most Recent Sale

Date201706

Price$2,000,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$37,922