2914 KNOX AVE N MINNEAPOLIS MN 55411

PID: 0902924310180

Property Overview

Parcel ID0902924310180

Lot Size7,630 sq ft (0.175 ac)

Lot Dimensions (est.)127 ft wide × 60 ft deep

Year Built1935

Property ClassRESIDENTIAL

OwnerJ K ROBERTSON & K A FLEK

Assessed Value$237,300

Land Value$19,000

Building Value$218,300

Annual Tax$3,305

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

1 permit on record since 2023 · Most recent: Mar 2023 (res)

ResMar 2023Closed

CenterPoint Energy Resource Corp

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

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 width50 ft

Buildable depth87 ft

Area~4,360 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 4,360 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2918 KNOX AVE N MINNEAPOLIS MN 55411	ROBERT M ANDERSON TRUSTEE	RESIDENTIAL	$198,400	50 ft
2906 KNOX AVE N MINNEAPOLIS MN 55411	PROSPERO HOMES LLC	RESIDENTIAL	$226,800	60 ft
2922 KNOX AVE N MINNEAPOLIS MN 55411	HOWARD T HENRY	RESIDENTIAL	$202,600	90 ft
2902 KNOX AVE N MINNEAPOLIS MN 55411	J O GARCIA & G R R ORTEGA	RESIDENTIAL	$187,600	110 ft
2926 KNOX AVE N MINNEAPOLIS MN 55411	KELLY J SCHUMANN	RESIDENTIAL	$158,200	130 ft
2915 JAMES AVE N MINNEAPOLIS MN 55411	MARY M WASHINGTON	RESIDENTIAL	$181,700	140 ft
2911 JAMES AVE N MINNEAPOLIS MN 55411	LAURIE REESE	RESIDENTIAL	$200,200	143 ft
2919 JAMES AVE N MINNEAPOLIS MN 55411	THOMAS R SPECHT	RESIDENTIAL	$117,000	148 ft
2907 JAMES AVE N MINNEAPOLIS MN 55411	ANNA REESE	RESIDENTIAL	$272,500	156 ft
2923 JAMES AVE N MINNEAPOLIS MN 55411	NUTIDA WONG	RESIDENTIAL	$169,000	165 ft

Property History

Most Recent Sale

Date202207

Price$189,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,305