3447 LOGAN AVE N MINNEAPOLIS MN 55412

PID: 0902924220004

Property Overview

Parcel ID0902924220004

Lot Size4,974 sq ft (0.114 ac)

Lot Dimensions (est.)126 ft wide × 39 ft deep

Year Built1922

Property ClassRESIDENTIAL

OwnerF O EKISOLA & M A EKISOLA

Assessed Value$150,000

Land Value$18,000

Building Value$132,000

Annual Tax$1,842

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

2 permits on record since 2017 · $4K total declared value · Most recent: Jun 2020 (misc)

MiscJun 2020Closed

$4K

PURPOSE DRIVEN RESTORATION

ResSep 2017Closed

Linn Star Transfer Inc

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 width29 ft

Buildable depth88 ft

Area~2,536 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 2,536 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3451 LOGAN AVE N MINNEAPOLIS MN 55412	CAG MINNESOTA FUND II LLC	RESIDENTIAL	$187,600	39 ft
3443 LOGAN AVE N MINNEAPOLIS MN 55412	NICHOLE E BENSON	RESIDENTIAL	$181,500	39 ft
3455 LOGAN AVE N MINNEAPOLIS MN 55412	BRANAGAN PRICE	RESIDENTIAL	$206,600	78 ft
3439 LOGAN AVE N MINNEAPOLIS MN 55412	CATHERINE L GENETTI	RESIDENTIAL	$191,700	79 ft
3435 LOGAN AVE N MINNEAPOLIS MN 55412	B A MELECHINSKY/Z WARPINSKI	RESIDENTIAL	$226,200	118 ft
3459 LOGAN AVE N MINNEAPOLIS MN 55412	KATHRYN DIMICK	RESIDENTIAL	$279,000	121 ft
3446 MORGAN AVE N MINNEAPOLIS MN 55412	P C KING JR & C L KING	RESIDENTIAL	$273,000	138 ft
3442 MORGAN AVE N MINNEAPOLIS MN 55412	D Z G CONSTANTINO ET AL	RESIDENTIAL	$261,000	143 ft
3450 MORGAN AVE N MINNEAPOLIS MN 55412	TREMAYNE WILLIAMS	RESIDENTIAL	$186,800	144 ft
3431 LOGAN AVE N MINNEAPOLIS MN 55412	BRANDON HANSON & D HANSON	RESIDENTIAL	$169,000	158 ft

Property History

Most Recent Sale

Date202310

Price$180,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$1,842