1210 31ST ST W MINNEAPOLIS MN 55408

PID: 0402824120030

Property Overview

Parcel ID0402824120030

Lot Size1,582 sq ft (0.036 ac)

Lot Dimensions (est.)32 ft wide × 50 ft deep

Year Built1906

Property ClassRESIDENTIAL

OwnerDAVID S EBSEN & OLGA UGORETS

Assessed Value$267,600

Land Value$82,000

Building Value$185,600

Annual Tax$4,127

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

1 permit on record since 2023 · $12K total declared value · Most recent: Nov 2023 (misc)

MiscNov 2023Closed

$12K

ELYSIAN CONSTRUCTION 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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width21 ft

Buildable depth11 ft

Area~227 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Potentially Feasible

Back-of-envelope estimate based on sfr / adu benchmarks for 227 sqft buildable area.

Est. units

Yield on cost

7.4%

Spread

+1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1212 31ST ST W MINNEAPOLIS MN 55408	JOHNATHON KUNKEL & AMY FISH	RESIDENTIAL	$322,700	54 ft
3044 EMERSON AVE S MINNEAPOLIS MN 55408	FIX FOR GOOD LLC	RESIDENTIAL	$452,100	64 ft
3040 EMERSON AVE S MINNEAPOLIS MN 55408	BZ 3040EMERSON LLC	APARTMENT	$869,000	69 ft
1216 31ST ST W MINNEAPOLIS MN 55408	REX JEFFRIES	RESIDENTIAL	$358,800	94 ft
3038 EMERSON AVE S MINNEAPOLIS MN 55408	SAM HILE & SHERIDAN SMALL	RESIDENTIAL	$608,400	107 ft
3037 FREMONT AVE S MINNEAPOLIS MN 55408	ELGA TINGER	RESIDENTIAL	$607,700	131 ft
1222 31ST ST W MINNEAPOLIS MN 55408	LAKE HARRIET UMC	RESIDENTIAL	$0	136 ft
3032 EMERSON AVE S MINNEAPOLIS MN 55408	A J FRENZ & M N FRENZ	RESIDENTIAL-TWO UNIT	$555,500	149 ft
3100 EMERSON AVE S MINNEAPOLIS MN 55408	RICHARD M SCHMITZ ET AL	RESIDENTIAL-TWO UNIT	$423,900	157 ft
1215 31ST ST W MINNEAPOLIS MN 55408	ROBERT & CAROLYN VAN NELSON	RESIDENTIAL	$343,700	164 ft

Property History

Most Recent Sale

Date201805

Price$320,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,127