1721 KNOX AVE S MINNEAPOLIS MN 55403

PID: 2802924310082

Property Overview

Parcel ID2802924310082

Lot Size9,631 sq ft (0.221 ac)

Lot Dimensions (est.)135 ft wide × 72 ft deep

Year Built1956

Property ClassRESIDENTIAL

OwnerDAVID W KELLEY

Assessed Value$831,700

Land Value$349,000

Building Value$482,700

Annual Tax$14,690

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2023 · $42K total declared value · Most recent: Sep 2024 (misc)

MiscSep 2024Closed

$17K

Mohler Chimney Repair LLC

ExistresMar 2024Expired

GV Heating and Air Inc

ResJul 2023Closed

CenterPoint Energy Resource Corp

MiscJun 2023Closed

$25K

SKIP RUDE CARPENTRY

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width60 ft

Buildable depth98 ft

Area~5,678 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 5,678 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
1715 KNOX AVE S MINNEAPOLIS MN 55403	SUSAN MARY MCLORG-MOORE TR	RESIDENTIAL	$1,143,000	77 ft
1725 KNOX AVE S MINNEAPOLIS MN 55403	A M PURDUM & D D ECKBERG	RESIDENTIAL	$1,570,000	86 ft
1720 JAMES AVE S MINNEAPOLIS MN 55403	BETTY WELCH WILLIAMS	RESIDENTIAL	$865,400	134 ft
1724 JAMES AVE S MINNEAPOLIS MN 55403	M ROBERTS & J E T ROBERTS	RESIDENTIAL	$638,200	147 ft
1733 KNOX AVE S MINNEAPOLIS MN 55403	B BRADLEY & H J PEZZO	RESIDENTIAL-TWO UNIT	$1,108,200	161 ft
1728 JAMES AVE S MINNEAPOLIS MN 55403	R W BARTELS & B J WEIGEL	RESIDENTIAL	$983,700	174 ft
1721 MOUNT CURVE AVE MINNEAPOLIS MN 55403	M J COYLE & L K ENKOJI TRES	RESIDENTIAL	$3,153,000	189 ft
1701 MOUNT CURVE AVE MINNEAPOLIS MN 55403	MIMITRUST	RESIDENTIAL	$3,234,000	193 ft
1720 KNOX AVE S MINNEAPOLIS MN 55403	L RUBENSTEIN & J WEISS	RESIDENTIAL	$1,259,700	198 ft
1716 KNOX AVE S MINNEAPOLIS MN 55403	SARAH NETTLETON REV TRUST	RESIDENTIAL	$548,000	199 ft

Property History

Most Recent Sale

Date200501

Price$775,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$14,690