3029 DUPONT AVE S MINNEAPOLIS MN 55408

PID: 0402824110086

Property Overview

Parcel ID0402824110086

Lot Size5,918 sq ft (0.136 ac)

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

Year Built1909

Property ClassRESIDENTIAL-TWO UNIT

OwnerGABRIEL ELKIND

Assessed Value$413,500

Land Value$172,000

Building Value$241,500

Annual Tax$6,247

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

5 permits on record since 2024 · $33K total declared value · Most recent: Aug 2025 (remodel)

RemodelAug 2025Closed

$12K

Brewer Built LLC

ExistresSep 2024Closed

STAFFORD HOME SERVICE

RemodelSep 2024Closed

$21K

Meza Bros Construction

ExistresApr 2024Closed

STERN HEATING AND COOLING INC

ResApr 2024Closed

City Master Co

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width36 ft

Buildable depth89 ft

Area~3,191 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 3,191 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3033 DUPONT AVE S MINNEAPOLIS MN 55408	NICHOLAS C GERBER	RESIDENTIAL	$441,400	46 ft
3025 DUPONT AVE S MINNEAPOLIS MN 55408	BETHESDA LEASING LLC	RESIDENTIAL-TWO UNIT	$408,300	46 ft
3037 DUPONT AVE S MINNEAPOLIS MN 55408	HEIDI J NAU	RESIDENTIAL	$442,200	92 ft
3023 DUPONT AVE S MINNEAPOLIS MN 55408	PAUL T POTEMRA	RESIDENTIAL-TWO UNIT	$678,800	92 ft
3041 DUPONT AVE S MINNEAPOLIS MN 55408	S D NAU & M W KOPPENBERG	RESIDENTIAL	$519,200	138 ft
3017 DUPONT AVE S MINNEAPOLIS MN 55408	C G KAMPSCHROER & D M LAWSON	RESIDENTIAL	$341,300	138 ft
3028 COLFAX AVE S MINNEAPOLIS MN 55408	SCOTT HARVEY MOSS	RESIDENTIAL	$447,200	140 ft
3032 COLFAX AVE S MINNEAPOLIS MN 55408	ELISE S ATKINSON	RESIDENTIAL	$553,600	147 ft
3024 COLFAX AVE S MINNEAPOLIS MN 55408	MATTHEW J SELCHOW	TRIPLEX	$592,800	148 ft
3036 COLFAX AVE S MINNEAPOLIS MN 55408	CALVIN HAUER/CHANNING JAMES	RESIDENTIAL	$715,800	167 ft

Property History

Most Recent Sale

Date202404

Price$385,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,247