3735 LOGAN AVE N MINNEAPOLIS MN 55412

PID: 0402924330022

Property Overview

Parcel ID0402924330022

Lot Size5,034 sq ft (0.116 ac)

Lot Dimensions (est.)126 ft wide × 40 ft deep

Year Built1947

Property ClassRESIDENTIAL

OwnerS A RULFORD & C M RULFORD

Assessed Value$227,400

Land Value$21,000

Building Value$206,400

Annual Tax$3,125

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Area of Concentrated PovertyHigh

In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.

Minneapolis — Affordable Housing Trust Fund ↗

Potential programs

Great Streets Gap FinancingMedium

Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.

Minneapolis Great Streets — Gap Financing ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

3 permits on record since 2017 · $9K total declared value · Most recent: Mar 2023 (res)

ResMar 2023Closed

CenterPoint Energy Resource Corp

ResJan 2022Closed

Urban Pine Plumbing and Mechanical Inc

MiscSep 2017Closed

$9K

Minnesota Rusco Inc

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

Neighborhood Profile

Folwell · Minneapolis

Median reported rent1,590/mo

Renter-occupied27.3%

Median home value$193K

Vacancy rate7.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1008

Market Snapshot

Zip code 55412

Median sale price$247K+2.1% YoY

Median price / sqft$181/sqft

Median days to close30 days

Active listings80

Source: Redfin Data Center (Invalid Date) · Zip 55412

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 width30 ft

Buildable depth86 ft

Area~2,575 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 2,575 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
3739 LOGAN AVE N MINNEAPOLIS MN 55412	ARTHUR MANN & XAI MANN	RESIDENTIAL	$234,000	40 ft
3731 LOGAN AVE N MINNEAPOLIS MN 55412	CANDY BOWIE	RESIDENTIAL	$205,200	40 ft
3743 LOGAN AVE N MINNEAPOLIS MN 55412	CAG MINNESOTA FUND II LLC	RESIDENTIAL	$208,300	80 ft
3727 LOGAN AVE N MINNEAPOLIS MN 55412	N M SORENSEN & A SORENSEN	RESIDENTIAL	$196,000	80 ft
3747 LOGAN AVE N MINNEAPOLIS MN 55412	JEREMY RYAN BURNETT	RESIDENTIAL	$227,600	120 ft
3723 LOGAN AVE N MINNEAPOLIS MN 55412	CHIA KHANG	RESIDENTIAL	$251,600	120 ft
3734 MORGAN AVE N MINNEAPOLIS MN 55412	LYDIA HAMEL	RESIDENTIAL	$304,000	140 ft
3730 MORGAN AVE N MINNEAPOLIS MN 55412	CHRISTOPHER L CAIN	RESIDENTIAL	$234,700	145 ft
3738 MORGAN AVE N MINNEAPOLIS MN 55412	T MOHRLANT & J MOHRLANT	RESIDENTIAL	$226,300	146 ft
3726 MORGAN AVE N MINNEAPOLIS MN 55412	CABRINNA K CAIN	RESIDENTIAL	$224,800	159 ft

Property History

Most Recent Sale

Date201810

Price$167,200

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,125