2922 LOGAN AVE N MINNEAPOLIS MN 55411

PID: 0902924310154

Property Overview

Parcel ID0902924310154

Lot Size5,029 sq ft (0.115 ac)

Lot Dimensions (est.)126 ft wide × 40 ft deep

Year Built1908

Property ClassRESIDENTIAL

OwnerJOSE SILVA CISNEROS

Assessed Value$197,000

Land Value$16,000

Building Value$181,000

Annual Tax$3,036

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Qualified Census Tract (QCT)High

Within a HUD-designated Qualified Census Tract — LIHTC projects here receive a 30% basis boost, significantly increasing the tax credit allocation for affordable housing development.

HUD — LIHTC Qualified Census Tracts ↗

Potential programs

LIHTC 30% Basis BoostMedium

Affordable housing developments in QCTs receive a 30% increase in eligible basis for Low Income Housing Tax Credits — materially improving project feasibility. Allocated through MHFA.

HUD — LIHTC Qualified Census Tracts ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Jordan · Minneapolis

Median reported rent1,750/mo

Renter-occupied36.0%

Median home value$198K

Vacancy rate6.2%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1257

Market Snapshot

Zip code 55411

Median sale price$243K-2.9% YoY

Median price / sqft$140/sqft

Median days to close40 days

Active listings67

Source: Redfin Data Center (Invalid Date) · Zip 55411

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth86 ft

Area~2,572 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 small multifamily (2–4 units, wood frame) benchmarks for 2,572 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2918 LOGAN AVE N MINNEAPOLIS MN 55411	ZAMZAM NOOR & MOHAMED ADEN	RESIDENTIAL	$374,000	40 ft
2926 LOGAN AVE N MINNEAPOLIS MN 55411	GLENN T KNOX	RESIDENTIAL	$195,000	40 ft
2914 LOGAN AVE N MINNEAPOLIS MN 55411	LADONNA COLEMAN	RESIDENTIAL	$193,000	80 ft
2930 LOGAN AVE N MINNEAPOLIS MN 55411	HENNEPIN FORFEITED LAND	RESIDENTIAL	$0	80 ft
2910 LOGAN AVE N MINNEAPOLIS MN 55411	H M NGUYEN & N A NGUYEN	RESIDENTIAL	$141,100	120 ft
2934 LOGAN AVE N MINNEAPOLIS MN 55411	KEITH D MALMER	RESIDENTIAL	$191,600	120 ft
2923 KNOX AVE N MINNEAPOLIS MN 55411	MARK FRANCIS SCHLICHTING	RESIDENTIAL	$198,300	137 ft
2919 KNOX AVE N MINNEAPOLIS MN 55411	AMON DIXON SR & ANITA DIXON	RESIDENTIAL	$168,800	144 ft
2929 KNOX AVE N MINNEAPOLIS MN 55411	B M LIESKE & T LIESKE	RESIDENTIAL	$267,000	149 ft
2906 LOGAN AVE N MINNEAPOLIS MN 55411	ABIGAIL KINNEY/ANDREW KINNEY	RESIDENTIAL	$144,000	159 ft

Property History

Most Recent Sale

Date202302

Price$191,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,036