3404 LOGAN AVE N MINNEAPOLIS MN 55412

PID: 0902924210193

Property Overview

Parcel ID0902924210193

Lot Size5,011 sq ft (0.115 ac)

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

Year Built1931

Property ClassLOW INCOME RENTAL

OwnerP FRIETAG & K FRIETAG

Assessed Value$224,000

Land Value$18,000

Building Value$206,000

Annual Tax$867

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

1 permit on record since 2023 · Most recent: Mar 2023 (res)

ResMar 2023Closed

CenterPoint Energy Resource Corp

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 depth85 ft

Area~2,561 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 2,561 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
3400 LOGAN AVE N MINNEAPOLIS MN 55412	TRACY L WILSON	RESIDENTIAL	$180,900	39 ft
3410 LOGAN AVE N MINNEAPOLIS MN 55412	GLENWICK REVOCABLE TRUST	RESIDENTIAL	$161,100	40 ft
3414 LOGAN AVE N MINNEAPOLIS MN 55412	OLGA GINZBURG	RESIDENTIAL	$133,000	80 ft
3418 LOGAN AVE N MINNEAPOLIS MN 55412	JACK MULLENBACH	RESIDENTIAL	$164,000	119 ft
3407 KNOX AVE N MINNEAPOLIS MN 55412	LETANYA RANDOLPH	RESIDENTIAL	$272,000	138 ft
3411 KNOX AVE N MINNEAPOLIS MN 55412	OIG HOLDINGS LLC	RESIDENTIAL	$157,000	143 ft
3401 KNOX AVE N MINNEAPOLIS MN 55412	IRELAND HOMES SF I LLC	RESIDENTIAL	$131,000	144 ft
3354 LOGAN AVE N MINNEAPOLIS MN 55412	METRO HOMES LLC	RESIDENTIAL	$208,900	151 ft
3422 LOGAN AVE N MINNEAPOLIS MN 55412	WENDY R PAIZ BRENES	RESIDENTIAL	$251,200	159 ft
3415 KNOX AVE N MINNEAPOLIS MN 55412	EVAN EICHTEN	RESIDENTIAL	$137,000	159 ft

Property History

Most Recent Sale

Date201511

Price$77,100

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$867