3100 EMERSON AVE S MINNEAPOLIS MN 55408

PID: 0402824120089

Property Overview

Parcel ID0402824120089

Lot Size3,726 sq ft (0.086 ac)

Lot Dimensions (est.)84 ft wide × 45 ft deep

Year Built1900

Property ClassRESIDENTIAL-TWO UNIT

OwnerRICHARD M SCHMITZ ET AL

Assessed Value$423,900

Land Value$140,000

Building Value$283,900

Annual Tax$8,019

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

No permits found in Minneapolis open data for this parcel.

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 width71 ft

Buildable depth5 ft

Area~1,374 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 1,374 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3104 EMERSON AVE S MINNEAPOLIS MN 55408	AMY MAYER & CALEB MAYER	TRIPLEX	$546,100	45 ft
1215 31ST ST W MINNEAPOLIS MN 55408	ROBERT & CAROLYN VAN NELSON	RESIDENTIAL	$343,700	68 ft
3108 EMERSON AVE S MINNEAPOLIS MN 55408	ROBERT MCNUTT	RESIDENTIAL-TWO UNIT	$561,800	94 ft
3101 EMERSON AVE S MINNEAPOLIS MN 55408	TRAVIS BUDISALOVICH	RESIDENTIAL	$674,400	135 ft
3112 EMERSON AVE S MINNEAPOLIS MN 55408	JAMES GARLICK & EMILY JAMES	RESIDENTIAL	$390,500	139 ft
3044 EMERSON AVE S MINNEAPOLIS MN 55408	FIX FOR GOOD LLC	RESIDENTIAL	$452,100	141 ft
1210 31ST ST W MINNEAPOLIS MN 55408	DAVID S EBSEN & OLGA UGORETS	RESIDENTIAL	$267,600	157 ft
1219 31ST ST W MINNEAPOLIS MN 55408	NORTHLAND UPTOWN LOFTS LLC	APARTMENT	$4,400,000	165 ft
3116 EMERSON AVE S MINNEAPOLIS MN 55408	KURT J & ROSANNA M FABER	APARTMENT	$684,000	184 ft
3109 FREMONT AVE S MINNEAPOLIS MN 55408	DALLAS MELVIN RADEL	RESIDENTIAL	$323,600	187 ft

Property History

Most Recent Sale

Date201804

Price$302,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$8,019