3314 JAMES AVE N MINNEAPOLIS MN 55412

PID: 0902924240127

Property Overview

Parcel ID0902924240127

Lot Size5,409 sq ft (0.124 ac)

Lot Dimensions (est.)127 ft wide × 42 ft deep

Year Built1917

Property ClassRESIDENTIAL

OwnerEDDIE LEE JOHNSON

Assessed Value$217,000

Land Value$19,000

Building Value$198,000

Annual Tax$2,554

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 width32 ft

Buildable depth89 ft

Area~2,837 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 2,837 sqft buildable area.

Est. units

Yield on cost

2.9%

Spread

-2.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3310 JAMES AVE N MINNEAPOLIS MN 55412	BRENDA L KEMMERICK	RESIDENTIAL	$177,000	42 ft
3318 JAMES AVE N MINNEAPOLIS MN 55412	SUSANNE R DICKISON	RESIDENTIAL	$257,300	43 ft
3306 JAMES AVE N MINNEAPOLIS MN 55412	CITY LAKES COMMUNITY LAND TR	—	$255,600	85 ft
3322 JAMES AVE N MINNEAPOLIS MN 55412	PA HOUA THAO	RESIDENTIAL	$177,000	85 ft
3300 JAMES AVE N MINNEAPOLIS MN 55412	KASSAUNDRA DION MULLEN	RESIDENTIAL	$226,200	127 ft
3326 JAMES AVE N MINNEAPOLIS MN 55412	BARBARA A HYNES	RESIDENTIAL	$182,000	128 ft
3315 IRVING AVE N MINNEAPOLIS MN 55412	LEEAMAR B NEAL	RESIDENTIAL	$197,000	140 ft
3319 IRVING AVE N MINNEAPOLIS MN 55412	ALFRED RHINES JR	RESIDENTIAL	$172,000	146 ft
3311 IRVING AVE N MINNEAPOLIS MN 55412	DANA M HEATH	VACANT LAND-RESIDENTIAL	$12,000	146 ft
3323 IRVING AVE N MINNEAPOLIS MN 55412	DAMON GAETZ/KATHERINE NELSON	RESIDENTIAL	$253,300	163 ft

Property History

Most Recent Sale

Date200712

Price$60,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,554