3426 MORGAN AVE N MINNEAPOLIS MN 55412

PID: 0902924220022

Property Overview

Parcel ID0902924220022

Lot Size4,973 sq ft (0.114 ac)

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

Year Built1917

Property ClassRESIDENTIAL

OwnerTRIO INVESTMENTS LLC

Assessed Value$96,000

Land Value$18,000

Building Value$78,000

Annual Tax$1,473

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

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~2,535 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 2,535 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
3422 MORGAN AVE N MINNEAPOLIS MN 55412	COURTNEY STRASBURG	RESIDENTIAL	$191,000	39 ft
3430 MORGAN AVE N MINNEAPOLIS MN 55412	GARRETT FINN	RESIDENTIAL	$204,500	39 ft
3418 MORGAN AVE N MINNEAPOLIS MN 55412	CLARKE STONE	RESIDENTIAL	$190,800	78 ft
3434 MORGAN AVE N MINNEAPOLIS MN 55412	TAMMY CHRISTIANSEN	RESIDENTIAL	$250,000	79 ft
3414 MORGAN AVE N MINNEAPOLIS MN 55412	GRAEME E MONAHAN-RIAL ET AL	RESIDENTIAL	$241,300	118 ft
3438 MORGAN AVE N MINNEAPOLIS MN 55412	VALESHIA KING	RESIDENTIAL	$334,000	118 ft
3427 LOGAN AVE N MINNEAPOLIS MN 55412	F JIMENEZ-MEDRANO/E P RUBIO	RESIDENTIAL	$371,000	138 ft
3431 LOGAN AVE N MINNEAPOLIS MN 55412	BRANDON HANSON & D HANSON	RESIDENTIAL	$169,000	143 ft
3423 LOGAN AVE N MINNEAPOLIS MN 55412	RICARDO MENDEZ	RESIDENTIAL	$185,000	144 ft
3410 MORGAN AVE N MINNEAPOLIS MN 55412	MATTHEW MISHEK	RESIDENTIAL	$227,200	157 ft

Property History

Most Recent Sale

Date201608

Price$55,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$1,473