1737 KNOX AVE S MINNEAPOLIS MN 55403

PID: 2802924310079

Property Overview

Parcel ID2802924310079

Lot Size6,749 sq ft (0.155 ac)

Lot Dimensions (est.)135 ft wide × 50 ft deep

Year Built1920

Property ClassRESIDENTIAL-TWO UNIT

OwnerBRUCE A NELSON/ANNE O NELSON

Assessed Value$776,800

Land Value$301,000

Building Value$475,800

Annual Tax$13,019

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

10 permits on record since 2018 · $70K total declared value · Most recent: Aug 2025 (res)

ResAug 2025Closed

Hanson Plumbing Industries LLC

ExistresJul 2024Closed

VisionAiry Heating & Cooling Inc

RemodelMar 2024Closed

$12K

MN Solar

MiscNov 2023Closed

$46K

NAILED IT CONTRACTING LLC

ResJul 2023Closed

CenterPoint Energy Resource Corp

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

Neighborhood Profile

Lowry Hill · Minneapolis

Median reported rent1,289/mo

Renter-occupied58.6%

Median home value$620K

Vacancy rate3.3%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1055

Market Snapshot

Zip code 55403

Median sale price$315K+32.9% YoY

Median price / sqft$205/sqft

Median days to close111 days

Active listings62

Source: Redfin Data Center (Invalid Date) · Zip 55403

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width122 ft

Buildable depth10 ft

Area~3,514 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 3,514 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1733 KNOX AVE S MINNEAPOLIS MN 55403	B BRADLEY & H J PEZZO	RESIDENTIAL-TWO UNIT	$1,108,200	50 ft
1767 KNOX AVE S MINNEAPOLIS MN 55403	SCOTT G KELSEN	RESIDENTIAL-TWO UNIT	$795,100	120 ft
1725 KNOX AVE S MINNEAPOLIS MN 55403	A M PURDUM & D D ECKBERG	RESIDENTIAL	$1,570,000	125 ft
1736 JAMES AVE S MINNEAPOLIS MN 55403	BRENT K HAMES/SUSAN A HAMES	RESIDENTIAL	$1,268,800	137 ft
1728 JAMES AVE S MINNEAPOLIS MN 55403	R W BARTELS & B J WEIGEL	RESIDENTIAL	$983,700	168 ft
1766 JAMES AVE S MINNEAPOLIS MN 55403	LISA BARGAS	CONDOMINIUM	$592,000	174 ft
1766 JAMES AVE S MINNEAPOLIS MN 55403	ANNE BRACEY	CONDOMINIUM	$477,000	174 ft
MN	Unknown	—	—	174 ft
1736 KNOX AVE S MINNEAPOLIS MN 55403	DEBORAH L PEDERSON REV TRUST	RESIDENTIAL	$1,375,200	194 ft
1777 KNOX AVE S MINNEAPOLIS MN 55403	LEEANN WHELAN	RESIDENTIAL	$1,680,400	195 ft

Property History

Most Recent Sale

Date202011

Price$840,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$13,019