3554 LOGAN AVE N MINNEAPOLIS MN 55412

PID: 0902924210124

Property Overview

Parcel ID0902924210124

Lot Size5,070 sq ft (0.116 ac)

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

Year Built1979

Property ClassRESIDENTIAL

OwnerSTEPHANIE BANKS

Assessed Value$261,000

Land Value$18,000

Building Value$243,000

Annual Tax$3,682

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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 depth87 ft

Area~2,602 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 2,602 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
3558 LOGAN AVE N MINNEAPOLIS MN 55412	SHAWN T CASSIDY	RESIDENTIAL	$194,700	39 ft
3550 LOGAN AVE N MINNEAPOLIS MN 55412	TATE GUENARD	RESIDENTIAL	$166,000	40 ft
3546 LOGAN AVE N MINNEAPOLIS MN 55412	DAVID BAUMANN & TODD HAVISTO	RESIDENTIAL	$181,000	80 ft
3542 LOGAN AVE N MINNEAPOLIS MN 55412	WISDOM MAWUSI	RESIDENTIAL	$193,800	120 ft
3555 KNOX AVE N MINNEAPOLIS MN 55412	JODY K HUFF	RESIDENTIAL	$209,000	138 ft
3600 LOGAN AVE N MINNEAPOLIS MN 55412	DENISE ALLEN	RESIDENTIAL	$267,700	138 ft
3559 KNOX AVE N MINNEAPOLIS MN 55412	JANET A BEASLEY	RESIDENTIAL	$263,900	143 ft
3551 KNOX AVE N MINNEAPOLIS MN 55412	BRIDGE SFR IV BORROWER I LLC	RESIDENTIAL	$206,100	144 ft
3545 KNOX AVE N MINNEAPOLIS MN 55412	S E BERG & C A BERG	LOW INCOME RENTAL	$275,000	160 ft
3538 LOGAN AVE N MINNEAPOLIS MN 55412	SJH EQUITIES LLC ET AL	RESIDENTIAL	$149,700	160 ft

Property History

Most Recent Sale

Date201911

Price$194,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,682