2930 MORGAN AVE N MINNEAPOLIS MN 55411

PID: 0902924320160

Property Overview

Parcel ID0902924320160

Lot Size7,166 sq ft (0.165 ac)

Lot Dimensions (est.)126 ft wide × 57 ft deep

Year Built1929

Property ClassRESIDENTIAL

OwnerPORTIA E POWELL

Assessed Value$284,800

Land Value$18,000

Building Value$266,800

Annual Tax$4,097

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 width47 ft

Buildable depth86 ft

Area~4,029 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 4,029 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2926 MORGAN AVE N MINNEAPOLIS MN 55411	TAMMY CARLSON	RESIDENTIAL	$169,300	50 ft
2938 MORGAN AVE N MINNEAPOLIS MN 55411	SRDJAN JOVICIC	RESIDENTIAL	$288,900	57 ft
2922 MORGAN AVE N MINNEAPOLIS MN 55411	S A SHOCINSKI/J M SCHOCINSKI	RESIDENTIAL	$201,900	92 ft
2942 MORGAN AVE N MINNEAPOLIS MN 55411	HNIA VANG	RESIDENTIAL	$227,600	114 ft
2918 MORGAN AVE N MINNEAPOLIS MN 55411	J MAGNASON & A OLSON	RESIDENTIAL	$203,600	135 ft
2931 LOGAN AVE N MINNEAPOLIS MN 55411	KAHA AHMED JARA/YUSRA JARA	RESIDENTIAL	$192,700	138 ft
2935 LOGAN AVE N MINNEAPOLIS MN 55411	CORBIN OLSEN/KIMBERLEY OLSEN	RESIDENTIAL	$144,000	142 ft
2927 LOGAN AVE N MINNEAPOLIS MN 55411	CESAR NAVARRETE TORRES	RESIDENTIAL	$229,000	147 ft
2939 LOGAN AVE N MINNEAPOLIS MN 55411	NOLAN HARRIS	RESIDENTIAL	$202,100	158 ft
2946 MORGAN AVE N MINNEAPOLIS MN 55411	MAILE URQUIAGA MARTINEZ	RESIDENTIAL	$179,600	163 ft

Property History

Most Recent Sale

Date199805

Price$71,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,097