3028 EMERSON AVE S MINNEAPOLIS MN 55408

PID: 0402824120025

Property Overview

Parcel ID0402824120025

Lot Size5,920 sq ft (0.136 ac)

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

Year Built1906

Property ClassRESIDENTIAL-TWO UNIT

OwnerSHANRIELL LAMBERT

Assessed Value$494,200

Land Value$191,000

Building Value$303,200

Annual Tax$7,893

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2017 · Most recent: Aug 2021 (res)

ResAug 2021Closed

MN Plumbing & Home Services INC

ResAug 2019Cancelled

Paladin Plumbing LLC

ExistresSep 2017Closed

Modern Home Services LLC

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~3,192 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 3,192 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
3024 EMERSON AVE S MINNEAPOLIS MN 55408	S CHAUDHARI & J CHRISTENSEN	RESIDENTIAL-ZERO LOT LINE	$543,900	37 ft
3032 EMERSON AVE S MINNEAPOLIS MN 55408	A J FRENZ & M N FRENZ	RESIDENTIAL-TWO UNIT	$555,500	46 ft
3022 EMERSON AVE S MINNEAPOLIS MN 55408	N MANNEBACH & J HUGHES	RESIDENTIAL-ZERO LOT LINE	$504,800	59 ft
3020 EMERSON AVE S MINNEAPOLIS MN 55408	ALAN M MENDELSOHN	RESIDENTIAL-ZERO LOT LINE	$506,100	78 ft
3038 EMERSON AVE S MINNEAPOLIS MN 55408	SAM HILE & SHERIDAN SMALL	RESIDENTIAL	$608,400	92 ft
3018 EMERSON AVE S MINNEAPOLIS MN 55408	E WESTOVER & Z HOMRIGHAUS	RESIDENTIAL-ZERO LOT LINE	$508,700	97 ft
3016 EMERSON AVE S MINNEAPOLIS MN 55408	C W SYVERSON & G K SYVERSON	RESIDENTIAL-ZERO LOT LINE	$503,100	116 ft
3014 EMERSON AVE S MINNEAPOLIS MN 55408	FRED J RAPPAPORT	RESIDENTIAL-ZERO LOT LINE	$543,600	137 ft
3040 EMERSON AVE S MINNEAPOLIS MN 55408	BZ 3040EMERSON LLC	APARTMENT	$869,000	138 ft
3029 FREMONT AVE S MINNEAPOLIS MN 55408	MATTHEW P BRESNAHAN	RESIDENTIAL	$504,900	140 ft

Property History

Most Recent Sale

Date202107

Price$535,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,893