3715 KNOX AVE N MINNEAPOLIS MN 55412

PID: 0402924340018

Property Overview

Parcel ID0402924340018

Lot Size5,032 sq ft (0.116 ac)

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

Year Built1953

Property ClassRESIDENTIAL

OwnerBERYL A BURTON/BRUCE WEINMAN

Assessed Value$246,000

Land Value$21,000

Building Value$225,000

Annual Tax$3,466

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

5 permits on record since 2018 · $29K total declared value · Most recent: Apr 2023 (misc)

MiscApr 2023Closed

$6K

PELLA NORTHLAND

ResJan 2023Closed

CenterPoint Energy Resource Corp

MiscNov 2020Closed

$6K

PELLA NORTHLAND

MiscSep 2019Closed

$8K

PELLA NORTHLAND

MiscSep 2018Closed

$8K

PELLA NORTHLAND

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$225K-2.2% YoY

Median price / sqft$172/sqft

Median days to close31 days

Active listings67

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~2,573 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 2,573 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
3719 KNOX AVE N MINNEAPOLIS MN 55412	ADAM BARNES	RESIDENTIAL	$231,700	40 ft
3711 KNOX AVE N MINNEAPOLIS MN 55412	RONAL PEREZ	RESIDENTIAL-TWO UNIT	$211,500	40 ft
3723 KNOX AVE N MINNEAPOLIS MN 55412	GOLDEN POINT ESTATE LLC	RESIDENTIAL	$144,000	80 ft
3701 KNOX AVE N MINNEAPOLIS MN 55412	GABRIEL HOLLIDAY	RESIDENTIAL-TWO UNIT	$354,900	100 ft
3727 KNOX AVE N MINNEAPOLIS MN 55412	R ROBINSON ET AL	RESIDENTIAL	$256,400	120 ft
3714 LOGAN AVE N MINNEAPOLIS MN 55412	JOAN L VADER	RESIDENTIAL	$228,200	140 ft
3710 LOGAN AVE N MINNEAPOLIS MN 55412	MARY B FELS TRUSTEE	RESIDENTIAL	$189,000	144 ft
3718 LOGAN AVE N MINNEAPOLIS MN 55412	ADAM M KROOK	RESIDENTIAL	$280,200	146 ft
3706 LOGAN AVE N MINNEAPOLIS MN 55412	DOUGLAS MANN	RESIDENTIAL	$147,000	159 ft
3731 KNOX AVE N MINNEAPOLIS MN 55412	HILARY HINRICHS	RESIDENTIAL	$283,200	160 ft

Property History

Most Recent Sale

Date198804

Price$62,900

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$3,466