3419 JAMES AVE N MINNEAPOLIS MN 55412

PID: 0902924210200

Property Overview

Parcel ID0902924210200

Lot Size5,071 sq ft (0.116 ac)

Lot Dimensions (est.)128 ft wide × 40 ft deep

Year Built1928

Property Class—

OwnerCITY LAKES COMM LAND TRUST

Assessed Value$218,900

Land Value$18,000

Building Value$200,900

Annual Tax$2,229

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

4 permits on record since 2017 · Most recent: Apr 2018 (res)

ResApr 2018Closed

MN PLUMBING AND APPLIANCES

ResMay 2017Closed

CENTERPOINT ENERGY

ResMar 2017Closed

KAB Plumbing LLC

ExistresJan 2017Closed

Super Heating and Cooling LLC

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 depth87 ft

Area~2,606 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 2,606 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
3415 JAMES AVE N MINNEAPOLIS MN 55412	SHARHONDA S YORK	RESIDENTIAL	$268,600	39 ft
3423 JAMES AVE N MINNEAPOLIS MN 55412	OBED JEAN-BAPTISTE	LOW INCOME RENTAL	$243,200	40 ft
3427 JAMES AVE N MINNEAPOLIS MN 55412	MELISSA BARROW	RESIDENTIAL	$238,500	79 ft
3411 JAMES AVE N MINNEAPOLIS MN 55412	BRITTANY C MADER	RESIDENTIAL	$182,000	79 ft
3407 JAMES AVE N MINNEAPOLIS MN 55412	JENNIFER L STEADMAN	RESIDENTIAL	$171,000	119 ft
3431 JAMES AVE N MINNEAPOLIS MN 55412	RASHEDA LULITA JENKINS	RESIDENTIAL	$185,000	119 ft
3418 KNOX AVE N MINNEAPOLIS MN 55412	R J WATTS & J C WATTS	RESIDENTIAL	$149,700	140 ft
3414 KNOX AVE N MINNEAPOLIS MN 55412	D L PEDERSON & D L SANDERS	RESIDENTIAL	$274,600	145 ft
3422 KNOX AVE N MINNEAPOLIS MN 55412	EMILY DENNY	RESIDENTIAL	$138,000	145 ft
3401 JAMES AVE N MINNEAPOLIS MN 55412	LUCY V YOGERST	RESIDENTIAL	$201,300	158 ft

Property History

Most Recent Sale

Date201803

Price$155,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,229