3346 JAMES AVE N MINNEAPOLIS MN 55412

PID: 0902924240135

Property Overview

Parcel ID0902924240135

Lot Size5,239 sq ft (0.120 ac)

Lot Dimensions (est.)127 ft wide × 41 ft deep

Year Built1926

Property ClassRESIDENTIAL-TWO UNIT

OwnerALBERT J LIEKHUS & WIFE

Assessed Value$299,600

Land Value$19,000

Building Value$280,600

Annual Tax$4,363

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 2019 · $4K total declared value · Most recent: Jan 2023 (res)

ResJan 2023Closed

CenterPoint Energy Resource Corp

RemodelApr 2020Closed

$4K

YOUR HOME IMPROVEMENT CO

ExistresJun 2019Closed

CenterPoint Energy Resource Corp

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 width31 ft

Buildable depth88 ft

Area~2,721 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 2,721 sqft buildable area.

Est. units

Yield on cost

3.0%

Spread

-2.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3342 JAMES AVE N MINNEAPOLIS MN 55412	PAUL A & KIMBERLY S FREITAG	LOW INCOME RENTAL	$200,000	42 ft
3350 JAMES AVE N MINNEAPOLIS MN 55412	JAFARI BANKS	RESIDENTIAL	$269,200	42 ft
3338 JAMES AVE N MINNEAPOLIS MN 55412	STEVEN M BURSTON	RESIDENTIAL	$268,100	84 ft
3354 JAMES AVE N MINNEAPOLIS MN 55412	JAFARI BANKS	RESIDENTIAL	$281,600	85 ft
3334 JAMES AVE N MINNEAPOLIS MN 55412	PRG INC	VACANT LAND-RESIDENTIAL	$0	126 ft
3347 IRVING AVE N MINNEAPOLIS MN 55412	KATHLEEN ACASO	RESIDENTIAL	$186,000	139 ft
3351 IRVING AVE N MINNEAPOLIS MN 55412	DARRYL & ANGELA MAXWELL	RESIDENTIAL	$225,100	145 ft
3343 IRVING AVE N MINNEAPOLIS MN 55412	H P O'BRIEN-COKER/K ANDERSON	RESIDENTIAL	$211,000	146 ft
3355 IRVING AVE N MINNEAPOLIS MN 55412	DUSTIN M MADISON	RESIDENTIAL	$178,000	163 ft
3339 IRVING AVE N MINNEAPOLIS MN 55412	ANITRA FRANCIS	RESIDENTIAL	$223,000	163 ft

Property History

Current Tax Year

Year2026

Tax Due$4,363