3240 KNOX AVE N MINNEAPOLIS MN 55412

PID: 0902924240197

Property Overview

Parcel ID0902924240197

Lot Size5,086 sq ft (0.117 ac)

Lot Dimensions (est.)127 ft wide × 40 ft deep

Year Built1923

Property ClassRESIDENTIAL

OwnerTAMARA J MEISENHOELDER

Assessed Value$231,000

Land Value$18,000

Building Value$213,000

Annual Tax$3,200

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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 ↗

Cultural District — Lowry Avenue NorthHigh

Within the Lowry Avenue North Cultural District — eligible for Great Streets priority financing and cultural district-specific CPED programs.

Minneapolis — Cultural Districts ↗

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 width30 ft

Buildable depth87 ft

Area~2,615 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 2,615 sqft buildable area.

Est. units

Yield on cost

3.2%

Spread

-2.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3236 KNOX AVE N MINNEAPOLIS MN 55412	MARION GILCHRIST	RESIDENTIAL	$205,100	40 ft
3244 KNOX AVE N MINNEAPOLIS MN 55412	M J S WALKER & D WALKER	RESIDENTIAL	$229,600	40 ft
3232 KNOX AVE N MINNEAPOLIS MN 55412	MARGARET E GALLAGHER	RESIDENTIAL	$190,100	80 ft
3248 KNOX AVE N MINNEAPOLIS MN 55412	TONJA ENGLE	RESIDENTIAL	$154,000	80 ft
3228 KNOX AVE N MINNEAPOLIS MN 55412	NICHOLAS CAPITAL INC	RESIDENTIAL	$170,900	116 ft
3252 KNOX AVE N MINNEAPOLIS MN 55412	BRIANNA FALGREN	RESIDENTIAL	$210,000	119 ft
3243 JAMES AVE N MINNEAPOLIS MN 55412	PATRICIA THOMPSON	RESIDENTIAL	$163,000	139 ft
3247 JAMES AVE N MINNEAPOLIS MN 55412	MON MON ZAW HTUN	RESIDENTIAL	$175,000	144 ft
3239 JAMES AVE N MINNEAPOLIS MN 55412	PHONG NGUYEN	RESIDENTIAL	$142,000	147 ft
3224 KNOX AVE N MINNEAPOLIS MN 55412	CHA VANG & XIONG LA VANG	RESIDENTIAL	$186,000	150 ft

Property History

Most Recent Sale

Date201602

Price$107,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,200