2821 KNOX AVE N MINNEAPOLIS MN 55411

PID: 0902924340105

Property Overview

Parcel ID0902924340105

Lot Size6,117 sq ft (0.140 ac)

Lot Dimensions (est.)125 ft wide × 49 ft deep

Year Built1918

Property ClassRESIDENTIAL

OwnerCARRI R WILLIAMS

Assessed Value$207,400

Land Value$17,000

Building Value$190,400

Annual Tax$2,807

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 2025 · Most recent: Jun 2025 (res)

ResJun 2025Closed

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 width39 ft

Buildable depth85 ft

Area~3,310 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 3,310 sqft buildable area.

Est. units

Yield on cost

4.1%

Spread

-1.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2819 KNOX AVE N MINNEAPOLIS MN 55411	JAMES HARGON	RESIDENTIAL	$329,000	44 ft
2825 KNOX AVE N MINNEAPOLIS MN 55411	HEATHER TUKUA	RESIDENTIAL	$163,200	49 ft
2815 KNOX AVE N MINNEAPOLIS MN 55411	BELINDA BOND	RESIDENTIAL	$186,600	84 ft
2811 KNOX AVE N MINNEAPOLIS MN 55411	NORA SCHULL	RESIDENTIAL	$242,600	124 ft
2822 LOGAN AVE N MINNEAPOLIS MN 55411	CITY OF MINNEAPOLIS	VACANT LAND-RESIDENTIAL	$0	137 ft
2818 LOGAN AVE N MINNEAPOLIS MN 55411	CITY OF MINNEAPOLIS	VACANT LAND-RESIDENTIAL	$0	144 ft
2826 LOGAN AVE N MINNEAPOLIS MN 55411	CITY OF MINNEAPOLIS	VACANT LAND-RESIDENTIAL	$0	145 ft
2901 KNOX AVE N MINNEAPOLIS MN 55411	R R ROWELL & D D ROWELL JR	RESIDENTIAL	$107,600	157 ft
2814 LOGAN AVE N MINNEAPOLIS MN 55411	CITY OF MINNEAPOLIS	VACANT LAND-RESIDENTIAL	$0	160 ft
2807 KNOX AVE N MINNEAPOLIS MN 55411	EBONY SHANICA CHAMBERS	RESIDENTIAL	$194,100	164 ft

Property History

Most Recent Sale

Date198406

Price$50,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$2,807