3401 JAMES AVE N MINNEAPOLIS MN 55412

PID: 0902924210204

Property Overview

Parcel ID0902924210204

Lot Size5,069 sq ft (0.116 ac)

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

Year Built1926

Property ClassRESIDENTIAL

OwnerLUCY V YOGERST

Assessed Value$201,300

Land Value$18,000

Building Value$183,300

Annual Tax$3,250

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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width115 ft

Buildable depth0 ft

Area~2,341 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 2,341 sqft buildable area.

Est. units

Yield on cost

1.8%

Spread

-3.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3407 JAMES AVE N MINNEAPOLIS MN 55412	JENNIFER L STEADMAN	RESIDENTIAL	$171,000	40 ft
3411 JAMES AVE N MINNEAPOLIS MN 55412	BRITTANY C MADER	RESIDENTIAL	$182,000	79 ft
3355 JAMES AVE N MINNEAPOLIS MN 55412	T J SUNDQUIST & L E HILLMAN	RESIDENTIAL	$218,200	111 ft
3415 JAMES AVE N MINNEAPOLIS MN 55412	SHARHONDA S YORK	RESIDENTIAL	$268,600	119 ft
3400 KNOX AVE N MINNEAPOLIS MN 55412	DAMEON HENDERSON	RESIDENTIAL	$181,000	140 ft
3406 KNOX AVE N MINNEAPOLIS MN 55412	L C FLORES & B G VERDUZCO	RESIDENTIAL	$254,500	145 ft
3351 JAMES AVE N MINNEAPOLIS MN 55412	ALLISON J TATE	RESIDENTIAL	$169,400	154 ft
3419 JAMES AVE N MINNEAPOLIS MN 55412	CITY LAKES COMM LAND TRUST	—	$218,900	158 ft
3410 KNOX AVE N MINNEAPOLIS MN 55412	JULIE A FRANKOVICH ET AL	RESIDENTIAL	$189,200	161 ft
3352 KNOX AVE N MINNEAPOLIS MN 55412	ANGELA COLLINS	RESIDENTIAL	$237,700	177 ft

Property History

Most Recent Sale

Date200108

Price$134,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,250