3406 KNOX AVE N MINNEAPOLIS MN 55412

PID: 0902924210206

Property Overview

Parcel ID0902924210206

Lot Size5,070 sq ft (0.116 ac)

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

Year Built1939

Property ClassRESIDENTIAL

OwnerL C FLORES & B G VERDUZCO

Assessed Value$254,500

Land Value$18,000

Building Value$236,500

Annual Tax$3,940

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth87 ft

Area~2,605 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 2,605 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 KNOX AVE N MINNEAPOLIS MN 55412	DAMEON HENDERSON	RESIDENTIAL	$181,000	39 ft
3410 KNOX AVE N MINNEAPOLIS MN 55412	JULIE A FRANKOVICH ET AL	RESIDENTIAL	$189,200	40 ft
3414 KNOX AVE N MINNEAPOLIS MN 55412	D L PEDERSON & D L SANDERS	RESIDENTIAL	$274,600	80 ft
3418 KNOX AVE N MINNEAPOLIS MN 55412	R J WATTS & J C WATTS	RESIDENTIAL	$149,700	119 ft
3407 JAMES AVE N MINNEAPOLIS MN 55412	JENNIFER L STEADMAN	RESIDENTIAL	$171,000	140 ft
3411 JAMES AVE N MINNEAPOLIS MN 55412	BRITTANY C MADER	RESIDENTIAL	$182,000	145 ft
3401 JAMES AVE N MINNEAPOLIS MN 55412	LUCY V YOGERST	RESIDENTIAL	$201,300	145 ft
3352 KNOX AVE N MINNEAPOLIS MN 55412	ANGELA COLLINS	RESIDENTIAL	$237,700	151 ft
3422 KNOX AVE N MINNEAPOLIS MN 55412	EMILY DENNY	RESIDENTIAL	$138,000	159 ft
3415 JAMES AVE N MINNEAPOLIS MN 55412	SHARHONDA S YORK	RESIDENTIAL	$268,600	160 ft

Property History

Most Recent Sale

Date202106

Price$250,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,940