2638 LOGAN AVE N MINNEAPOLIS MN 55411

PID: 0902924340084

Property Overview

Parcel ID0902924340084

Lot Size5,381 sq ft (0.124 ac)

Lot Dimensions (est.)126 ft wide × 43 ft deep

Year Built1921

Property ClassRESIDENTIAL

OwnerALEX MOLOSCHNIKOW

Assessed Value$225,700

Land Value$16,000

Building Value$209,700

Annual Tax$3,478

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 width33 ft

Buildable depth85 ft

Area~2,812 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 2,812 sqft buildable area.

Est. units

Yield on cost

4.2%

Spread

-1.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2634 LOGAN AVE N MINNEAPOLIS MN 55411	THAKURDYL SINGH	RESIDENTIAL	$169,000	43 ft
2642 LOGAN AVE N MINNEAPOLIS MN 55411	M R SCHELLMAN/T J SCHELLMAN	RESIDENTIAL	$144,600	43 ft
2630 LOGAN AVE N MINNEAPOLIS MN 55411	TOMIJIA THAMES-LOYD	RESIDENTIAL	$204,500	85 ft
2646 LOGAN AVE N MINNEAPOLIS MN 55411	2646 LOGAN AVE N LLC	RESIDENTIAL	$133,000	85 ft
2626 LOGAN AVE N MINNEAPOLIS MN 55411	JAMES SWARTWOOD	RESIDENTIAL	$144,000	128 ft
2650 LOGAN AVE N MINNEAPOLIS MN 55411	MARIO RIOS-GONZALEZ	RESIDENTIAL	$113,400	128 ft
2639 KNOX AVE N MINNEAPOLIS MN 55411	GER VUE	RESIDENTIAL	$198,200	138 ft
2643 KNOX AVE N MINNEAPOLIS MN 55411	LISA HUGHES HOWARD	RESIDENTIAL	$267,000	144 ft
2635 KNOX AVE N MINNEAPOLIS MN 55411	BRIAN CHARLES FEW	RESIDENTIAL	$246,100	145 ft
2647 KNOX AVE N MINNEAPOLIS MN 55411	JAMIELA N TAYLOR	RESIDENTIAL	$177,000	162 ft

Property History

Most Recent Sale

Date200702

Price$100,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,478