3045 DUPONT AVE S MINNEAPOLIS MN 55408

PID: 0402824110081

Property Overview

Parcel ID0402824110081

Lot Size4,053 sq ft (0.093 ac)

Lot Dimensions (est.)81 ft wide × 50 ft deep

Year Built1907

Property ClassRESIDENTIAL

OwnerMEGAN MCCORMICK ET AL

Assessed Value$444,300

Land Value$131,000

Building Value$313,300

Annual Tax$6,783

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

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

Permit History

4 permits on record since 2017 · $8K total declared value · Most recent: Mar 2024 (remodel)

RemodelMar 2024Expired

$5K

24 RESTORE

ResFeb 2024Expired

Dean's Professional Plumbing Inc

MiscMay 2019Closed

$16.5

FIRST IMPRESSIONS EXTERIORS

MiscJan 2017Closed

$4K

Minnesota Rusco Inc

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

Neighborhood Profile

South Uptown · 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

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 width68 ft

Buildable depth10 ft

Area~1,514 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 1,514 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3041 DUPONT AVE S MINNEAPOLIS MN 55408	S D NAU & M W KOPPENBERG	RESIDENTIAL	$519,200	54 ft
1012 31ST ST W MINNEAPOLIS MN 55408	SAHARLA JAMA	RESIDENTIAL	$374,500	64 ft
3037 DUPONT AVE S MINNEAPOLIS MN 55408	HEIDI J NAU	RESIDENTIAL	$442,200	97 ft
1010 31ST ST W MINNEAPOLIS MN 55408	LORNA DOONE	RESIDENTIAL	$261,700	123 ft
3033 DUPONT AVE S MINNEAPOLIS MN 55408	NICHOLAS C GERBER	RESIDENTIAL	$441,400	142 ft
3101 DUPONT AVE S MINNEAPOLIS MN 55408	DEAN D WILLER	TRIPLEX	$530,800	143 ft
3040 DUPONT AVE S MINNEAPOLIS MN 55408	DUPONT PROPERTIES LLC	APARTMENT	$2,402,400	166 ft
3040 COLFAX AVE S MINNEAPOLIS MN 55408	C KOONTZ & A HOFFMAN	RESIDENTIAL-TWO UNIT	$463,800	171 ft
3044 COLFAX AVE S MINNEAPOLIS MN 55408	PARADYGM PROPS/TWIN CITS LLC	RESIDENTIAL-TWO UNIT	$379,200	187 ft
3105 DUPONT AVE S MINNEAPOLIS MN 55408	BRUCE S BLEMENTHAL	RESIDENTIAL-TWO UNIT	$466,700	187 ft

Property History

Most Recent Sale

Date202208

Price$504,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,783