3251 LOGAN AVE N MINNEAPOLIS MN 55412

PID: 0902924230111

Property Overview

Parcel ID0902924230111

Lot Size5,038 sq ft (0.116 ac)

Lot Dimensions (est.)126 ft wide × 40 ft deep

Year Built1904

Property ClassTRIPLEX

OwnerR A J CANAR & R A P JARA

Assessed Value$265,900

Land Value$18,000

Building Value$247,900

Annual Tax$3,782

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Potentially 4d-Eligible PropertyMedium

Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.

Minneapolis — 4d Affordable Housing Incentive ↗

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 width30 ft

Buildable depth86 ft

Area~2,579 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 2,579 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
3255 LOGAN AVE N MINNEAPOLIS MN 55412	MICHAEL MA	RESIDENTIAL-TWO UNIT	$212,300	40 ft
3247 LOGAN AVE N MINNEAPOLIS MN 55412	FONG YANG	RESIDENTIAL	$239,800	40 ft
3257 LOGAN AVE N MINNEAPOLIS MN 55412	TYLER F RING	RESIDENTIAL	$256,000	74 ft
3243 LOGAN AVE N MINNEAPOLIS MN 55412	ABDIQANI IBRAHIM ABDI	VACANT LAND-RESIDENTIAL	$13,000	80 ft
3239 LOGAN AVE N MINNEAPOLIS MN 55412	PETER NGUYEN	RESIDENTIAL	$167,000	120 ft
3250 MORGAN AVE N MINNEAPOLIS MN 55412	INFORM TRANSFORM LLC	RESIDENTIAL	$195,000	138 ft
3246 MORGAN AVE N MINNEAPOLIS MN 55412	ROBERT M ANDERSON TRUSTEE	RESIDENTIAL	$150,100	143 ft
1925 33RD AVE N MINNEAPOLIS MN 55412	D L BROWN & A I DE BROWN	RESIDENTIAL-TWO UNIT	$302,800	149 ft
3242 MORGAN AVE N MINNEAPOLIS MN 55412	SARAH JANE DHAR	RESIDENTIAL	$170,700	159 ft
3235 LOGAN AVE N MINNEAPOLIS MN 55412	MINNESTPOPOLIS VIII LLC	RESIDENTIAL	$217,100	160 ft

Property History

Most Recent Sale

Date202401

Price$269,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,782