3326 KNOX AVE N MINNEAPOLIS MN 55412

PID: 0902924240155

Property Overview

Parcel ID0902924240155

Lot Size5,409 sq ft (0.124 ac)

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

Year Built1949

Property ClassRESIDENTIAL

OwnerMICHELLE R SMITH

Assessed Value$189,000

Land Value$19,000

Building Value$170,000

Annual Tax$2,512

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 · $8K total declared value · Most recent: Mar 2023 (res)

ResMar 2023Closed

CenterPoint Energy Resource Corp

ExistresFeb 2021Closed

Metro Heating & Cooling LLC

MiscApr 2017Closed

$8K

MIDWEST EXTERIORS PLUS INC

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$247K+2.1% YoY

Median price / sqft$181/sqft

Median days to close30 days

Active listings80

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
3322 KNOX AVE N MINNEAPOLIS MN 55412	A Y YANG & N-Z M PHA	RESIDENTIAL	$215,800	42 ft
3330 KNOX AVE N MINNEAPOLIS MN 55412	AARON KAVAN	RESIDENTIAL	$189,000	42 ft
3318 KNOX AVE N MINNEAPOLIS MN 55412	TIASHANA PHELPS	RESIDENTIAL	$237,000	85 ft
3334 KNOX AVE N MINNEAPOLIS MN 55412	GER VUE	RESIDENTIAL	$208,000	85 ft
3314 KNOX AVE N MINNEAPOLIS MN 55412	J DOUGLAS III & E E DOUGLAS	RESIDENTIAL	$262,900	127 ft
3338 KNOX AVE N MINNEAPOLIS MN 55412	TSEDAY ABERRA	RESIDENTIAL	$240,700	127 ft
3327 JAMES AVE N MINNEAPOLIS MN 55412	CHUE VANG	RESIDENTIAL	$212,000	140 ft
3323 JAMES AVE N MINNEAPOLIS MN 55412	PIFANIO RODRIGUEZ	RESIDENTIAL	$213,000	146 ft
3333 JAMES AVE N MINNEAPOLIS MN 55412	MOKIDZ LLC	RESIDENTIAL	$215,000	157 ft
3319 JAMES AVE N MINNEAPOLIS MN 55412	SUE&SAGE LLC	VACANT LAND-RESIDENTIAL	$12,000	164 ft

Property History

Current Tax Year

Year2026

Tax Due$2,512