1950 KNOX AVE S MINNEAPOLIS MN 55403

PID: 2802924340002

Property Overview

Parcel ID2802924340002

Lot Size11,325 sq ft (0.260 ac)

Lot Dimensions (est.)157 ft wide × 72 ft deep

Year Built1949

Property ClassRESIDENTIAL

OwnerANN R MACDONALD REV TRUST

Assessed Value$2,115,800

Land Value$869,000

Building Value$1,246,800

Annual Tax$38,656

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

10 permits on record since 2019 · $158K total declared value · Most recent: Dec 2025 (res)

ResDec 2025Closed

CenterPoint Energy Resource Corp

RemodelJul 2023Final Inspection

$8K

LIND NELSON CONSTRUCTION INC

RemodelAug 2022Closed

$125K

Lind Nelson Construction INC

ExistresJul 2022Closed

Select Mechanical Services Inc

ResJun 2022Closed

NOWTHEN PLUMBING INC

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

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling 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 width144 ft

Buildable depth32 ft

Area~4,187 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 sfr / adu benchmarks for 4,187 sqft buildable area.

Est. units

Yield on cost

1.6%

Spread

-3.9%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1940 KNOX AVE S MINNEAPOLIS MN 55403	ZENAS W HUTCHESON III ET AL	RESIDENTIAL	$2,294,000	72 ft
1930 KNOX AVE S MINNEAPOLIS MN 55403	MATTHEW T MACH & RITA MEHTA	RESIDENTIAL	$1,881,000	153 ft
2009 E LAKE OF ISLES PKWY MINNEAPOLIS MN 55405	CITY OF MPLS PK BD	VACANT LAND-RESIDENTIAL	$0	197 ft
1720 FRANKLIN AVE W MINNEAPOLIS MN 55405	ELIZABETH G REDLEAF	RESIDENTIAL-TWO UNIT	$3,422,300	198 ft
1721 FRANKLIN AVE W MINNEAPOLIS MN 55405	485 LLC	RESIDENTIAL	$1,005,000	199 ft
1917 LOGAN AVE S MINNEAPOLIS MN 55403	SAINT PAULS EPISCOPAL PARISH	COMMERCIAL-PREFERRED	$0	219 ft
1929 KNOX AVE S MINNEAPOLIS MN 55403	SARAH DOUGHERTY REKAS	RESIDENTIAL	$2,037,000	240 ft
1920 KNOX AVE S MINNEAPOLIS MN 55403	H C LLOP & V S LLOP	RESIDENTIAL	$1,430,000	246 ft
2004 JAMES AVE S MINNEAPOLIS MN 55405	KENDRA C REICHENAU REV TRUST	RESIDENTIAL	$1,784,400	270 ft
1719 FRANKLIN AVE W MINNEAPOLIS MN 55405	485 LLC	RESIDENTIAL	$4,383,100	275 ft

Property History

Most Recent Sale

Date201812

Price$1,000,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$38,656