3039 BRYANT AVE S MINNEAPOLIS MN 55408

PID: 0402824110033

Property Overview

Parcel ID0402824110033

Lot Size5,917 sq ft (0.136 ac)

Lot Dimensions (est.)129 ft wide × 46 ft deep

Year Built1913

Property ClassAPARTMENT

OwnerD F STANTON PROPERTIES LLC

Assessed Value$496,000

Land Value$236,500

Building Value$259,500

Annual Tax$9,830

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Potentially 4d-Eligible PropertyMedium

Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.

Minneapolis — 4d Affordable Housing Incentive ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Minneapolis

Median reported rent1,449/mo

Renter-occupied73.2%

Median home value$398K

Vacancy rate2.1%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 81

Market Snapshot

Zip code 55408

Median sale price$390K+6.8% YoY

Median price / sqft$243/sqft

Median days to close62 days

Active listings73

Source: Redfin Data Center (Invalid Date) · Zip 55408

Zoning

RM1Residence Goods and Services

Residential Mixed-Use 1 — low-density mixed residential

Typical Uses

·Apartments
·Townhomes
·Neighborhood-scale retail on ground floor

Max Height45 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width36 ft

Buildable depth89 ft

Area~3,190 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 3-story wood frame (5–12 units) benchmarks for 3,190 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3041 BRYANT AVE S MINNEAPOLIS MN 55408	T F SCHMITZ & LYNN M SCHMITZ	APARTMENT	$765,000	46 ft
3035 BRYANT AVE S MINNEAPOLIS MN 55408	PALADIN INVESTMENTS LLC	APARTMENT	$496,000	46 ft
MN	Unknown	—	—	46 ft
3031 BRYANT AVE S MINNEAPOLIS MN 55408	REARSON PROPERTIES LLC	LOW INCOME RENTAL	$516,000	92 ft
3045 BRYANT AVE S MINNEAPOLIS MN 55408	STEVEN J KAPLAN	RESIDENTIAL-TWO UNIT	$466,900	94 ft
3025 BRYANT AVE S MINNEAPOLIS MN 55408	REARDON PROP LTD PTNRSHP	LOW INCOME RENTAL	$516,000	138 ft
810 31ST ST W MINNEAPOLIS MN 55408	NEW WINE CHURCH	COMMERCIAL-PREFERRED	$0	142 ft
3030 ALDRICH AVE S MINNEAPOLIS MN 55408	CULTIVATE CAPITAL LLC	RESIDENTIAL	$430,100	168 ft
3040 BRYANT AVE S MINNEAPOLIS MN 55408	KATHERINE T SCHMIEG	RESIDENTIAL-TWO UNIT	$434,400	184 ft
3036 BRYANT AVE S MINNEAPOLIS MN 55408	SUZI KORAY HANSON	RESIDENTIAL	$459,700	188 ft

Property History

Most Recent Sale

Date202008

Price$565,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,830