3222 KNOX AVE N MINNEAPOLIS MN 55412

PID: 0902924240044

Property Overview

Parcel ID0902924240044

Lot Size5,045 sq ft (0.116 ac)

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

Year Built1937

Property ClassRESIDENTIAL

OwnerAVERY DAVIS JR

Assessed Value$138,000

Land Value$18,000

Building Value$120,000

Annual Tax$1,650

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

3 permits on record since 2017 · Most recent: Oct 2023 (res)

ResOct 2023Expired

Avery Davis

ExistresJun 2023Expired

Home Energy Center Inc

ExistresDec 2017Closed

NEIL OLSON

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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 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~2,584 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 small multifamily (2–4 units, wood frame) benchmarks for 2,584 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3218 KNOX AVE N MINNEAPOLIS MN 55412	FELICIA ROBINSON	RESIDENTIAL	$141,000	40 ft
3224 KNOX AVE N MINNEAPOLIS MN 55412	CHA VANG & XIONG LA VANG	RESIDENTIAL	$186,000	40 ft
3228 KNOX AVE N MINNEAPOLIS MN 55412	NICHOLAS CAPITAL INC	RESIDENTIAL	$170,900	74 ft
3214 KNOX AVE N MINNEAPOLIS MN 55412	TARSHA DAVIS	RESIDENTIAL	$200,800	80 ft
3232 KNOX AVE N MINNEAPOLIS MN 55412	MARGARET E GALLAGHER	RESIDENTIAL	$190,100	110 ft
3210 KNOX AVE N MINNEAPOLIS MN 55412	CYNDI PATRICK	RESIDENTIAL	$169,000	123 ft
3227 JAMES AVE N MINNEAPOLIS MN 55412	CAG MINNESOTA FUND II LLC	RESIDENTIAL	$274,000	140 ft
3231 JAMES AVE N MINNEAPOLIS MN 55412	DETRICE DARCINIA WRENCHER	RESIDENTIAL	$203,000	146 ft
3223 JAMES AVE N MINNEAPOLIS MN 55412	TERALD D JONES	RESIDENTIAL	$252,400	146 ft
3236 KNOX AVE N MINNEAPOLIS MN 55412	MARION GILCHRIST	RESIDENTIAL	$205,100	150 ft

Property History

Most Recent Sale

Date202206

Price$125,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$1,650