3626 LOGAN AVE N MINNEAPOLIS MN 55412

PID: 0402924340056

Property Overview

Parcel ID0402924340056

Lot Size5,028 sq ft (0.115 ac)

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

Year Built1922

Property ClassRESIDENTIAL

OwnerRICHARD W OLSON

Assessed Value$129,100

Land Value$21,000

Building Value$108,100

Annual Tax$1,495

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 2020 · $7K total declared value · Most recent: Mar 2023 (res)

ResMar 2023Closed

CenterPoint Energy Resource Corp

ExistresSep 2021Closed

Marsh Heating & Air Conditioning Co Inc

ExistresSep 2021Closed

Blue Ox Heating and Air LLC

ResApr 2021Closed

Noah Acquistions LLC

MiscAug 2020Closed

$7K

STANDARD WATER CONTROL SYSTEMS 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$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~2,570 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 2,570 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
3622 LOGAN AVE N MINNEAPOLIS MN 55412	JULIA WESTERN JACOBSON	RESIDENTIAL	$236,800	40 ft
3630 LOGAN AVE N MINNEAPOLIS MN 55412	AUSTIN HUNT	RESIDENTIAL	$169,600	40 ft
3634 LOGAN AVE N MINNEAPOLIS MN 55412	WILLIAM LAURSEN 3634 LLC	RESIDENTIAL	$175,000	80 ft
3618 LOGAN AVE N MINNEAPOLIS MN 55412	T M RESHETAR & M D HURLEY	RESIDENTIAL	$188,700	80 ft
3638 LOGAN AVE N MINNEAPOLIS MN 55412	MICAELA VALDEPENA HILGUERA	RESIDENTIAL	$229,800	120 ft
3614 LOGAN AVE N MINNEAPOLIS MN 55412	NICOLE L CRAWFORD	RESIDENTIAL	$178,500	120 ft
3627 KNOX AVE N MINNEAPOLIS MN 55412	J DALBACKA-HOOGENBOOM ET AL	RESIDENTIAL	$306,000	140 ft
3631 KNOX AVE N MINNEAPOLIS MN 55412	GRAHAM HOGLUND/JARED HOGLUND	RESIDENTIAL	$360,000	144 ft
3623 KNOX AVE N MINNEAPOLIS MN 55412	JOHN L SCHMIDT & WIFE	RESIDENTIAL	$240,700	147 ft
3635 KNOX AVE N MINNEAPOLIS MN 55412	D SCOTT/K FREEMAN ET AL	RESIDENTIAL	$274,600	159 ft

Property History

Current Tax Year

Year2026

Tax Due$1,495