3639 KNOX AVE N MINNEAPOLIS MN 55412

PID: 0402924340034

Property Overview

Parcel ID0402924340034

Lot Size5,029 sq ft (0.115 ac)

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

Year Built1940

Property ClassRESIDENTIAL

OwnerJARED NEHER & ELENA NEHER

Assessed Value$224,100

Land Value$21,000

Building Value$203,100

Annual Tax$3,071

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

No permits found in Minneapolis open data for this parcel.

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~2,571 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 2,571 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
3643 KNOX AVE N MINNEAPOLIS MN 55412	THOMAS AMUNDSON/ALYSON KRIX	RESIDENTIAL	$258,300	40 ft
3635 KNOX AVE N MINNEAPOLIS MN 55412	D SCOTT/K FREEMAN ET AL	RESIDENTIAL	$274,600	40 ft
3647 KNOX AVE N MINNEAPOLIS MN 55412	C J SANDERSON/S A SANDERSON	RESIDENTIAL	$260,200	80 ft
3631 KNOX AVE N MINNEAPOLIS MN 55412	GRAHAM HOGLUND/JARED HOGLUND	RESIDENTIAL	$360,000	80 ft
3651 KNOX AVE N MINNEAPOLIS MN 55412	BARBARA HARMAN	RESIDENTIAL	$187,000	120 ft
3627 KNOX AVE N MINNEAPOLIS MN 55412	J DALBACKA-HOOGENBOOM ET AL	RESIDENTIAL	$306,000	120 ft
3638 LOGAN AVE N MINNEAPOLIS MN 55412	MICAELA VALDEPENA HILGUERA	RESIDENTIAL	$229,800	140 ft
3634 LOGAN AVE N MINNEAPOLIS MN 55412	WILLIAM LAURSEN 3634 LLC	RESIDENTIAL	$175,000	144 ft
3642 LOGAN AVE N MINNEAPOLIS MN 55412	BENJAMIN SMITH	RESIDENTIAL	$261,600	146 ft
3630 LOGAN AVE N MINNEAPOLIS MN 55412	AUSTIN HUNT	RESIDENTIAL	$169,600	159 ft

Property History

Most Recent Sale

Date201207

Price$102,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,071