3339 JAMES AVE N MINNEAPOLIS MN 55412

PID: 0902924240142

Property Overview

Parcel ID0902924240142

Lot Size5,410 sq ft (0.124 ac)

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

Year Built1948

Property ClassLOW INCOME RENTAL

OwnerPAUL & KIMBERLY FREITAG

Assessed Value$197,000

Land Value$19,000

Building Value$178,000

Annual Tax$763

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%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3343 JAMES AVE N MINNEAPOLIS MN 55412	L E PECK & Y V WILSON	RESIDENTIAL	$166,000	42 ft
3333 JAMES AVE N MINNEAPOLIS MN 55412	MOKIDZ LLC	RESIDENTIAL	$215,000	53 ft
3347 JAMES AVE N MINNEAPOLIS MN 55412	M I MALCOM & C L DANIELS	RESIDENTIAL	$123,000	85 ft
3327 JAMES AVE N MINNEAPOLIS MN 55412	CHUE VANG	RESIDENTIAL	$212,000	116 ft
3351 JAMES AVE N MINNEAPOLIS MN 55412	ALLISON J TATE	RESIDENTIAL	$169,400	127 ft
3338 KNOX AVE N MINNEAPOLIS MN 55412	TSEDAY ABERRA	RESIDENTIAL	$240,700	139 ft
3334 KNOX AVE N MINNEAPOLIS MN 55412	GER VUE	RESIDENTIAL	$208,000	145 ft
3342 KNOX AVE N MINNEAPOLIS MN 55412	PAUL A & KIMBERLY S FREITAG	LOW INCOME RENTAL	$196,200	146 ft
3330 KNOX AVE N MINNEAPOLIS MN 55412	AARON KAVAN	RESIDENTIAL	$189,000	162 ft
3346 KNOX AVE N MINNEAPOLIS MN 55412	DAVID A WIESNER	RESIDENTIAL	$93,000	164 ft

Property History

Most Recent Sale

Date200810

Price$35,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$763