2819 JAMES AVE N MINNEAPOLIS MN 55411

PID: 0902924340090

Property Overview

Parcel ID0902924340090

Lot Size5,074 sq ft (0.116 ac)

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

Year Built0

Property ClassVACANT LAND-RESIDENTIAL

OwnerB MICHAEL COX DEV LLC

Assessed Value$16,000

Land Value$16,000

Building Value$0

Annual Tax$302

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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 depth87 ft

Area~2,606 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 2,606 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2821 JAMES AVE N MINNEAPOLIS MN 55411	JORDAN K TO	RESIDENTIAL	$77,000	40 ft
2815 JAMES AVE N MINNEAPOLIS MN 55411	DANLEN PROPERTIES LLC	RESIDENTIAL	$200,500	40 ft
2811 JAMES AVE N MINNEAPOLIS MN 55411	PHILLIP D KUTZORIK	RESIDENTIAL	$213,100	80 ft
2829 JAMES AVE N MINNEAPOLIS MN 55411	N G BARRIOS & J M LOPEZ RIOS	RESIDENTIAL	$231,800	89 ft
2807 JAMES AVE N MINNEAPOLIS MN 55411	CHUSENG VUE	RESIDENTIAL	$116,300	120 ft
2818 KNOX AVE N MINNEAPOLIS MN 55411	MARY E TILBURY	RESIDENTIAL	$135,400	139 ft
2814 KNOX AVE N MINNEAPOLIS MN 55411	BRUCE A & CAROLYN A PINKE	RESIDENTIAL	$262,400	144 ft
2822 KNOX AVE N MINNEAPOLIS MN 55411	VIKKI JEAN ANDERSON	RESIDENTIAL	$260,600	146 ft
2801 JAMES AVE N MINNEAPOLIS MN 55411	RYAN J BARRETT	RESIDENTIAL	$228,100	159 ft
2810 KNOX AVE N MINNEAPOLIS MN 55411	KEITH D MALMER	RESIDENTIAL	$195,700	159 ft

Property History

Most Recent Sale

Date201712

Price$5,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$302