3112 EMERSON AVE S MINNEAPOLIS MN 55408

PID: 0402824120092

Property Overview

Parcel ID0402824120092

Lot Size5,894 sq ft (0.135 ac)

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

Year Built1907

Property ClassRESIDENTIAL

OwnerJAMES GARLICK & EMILY JAMES

Assessed Value$390,500

Land Value$203,000

Building Value$187,500

Annual Tax$6,022

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

2 permits on record since 2019 · $16K total declared value · Most recent: Sep 2023 (misc)

MiscSep 2023Closed

$14K

American Roofing & Siding

MiscFeb 2019Closed

$3K

RENEWAL BY ANDERSEN CORP

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 depth88 ft

Area~3,174 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 3,174 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
3108 EMERSON AVE S MINNEAPOLIS MN 55408	ROBERT MCNUTT	RESIDENTIAL-TWO UNIT	$561,800	46 ft
3116 EMERSON AVE S MINNEAPOLIS MN 55408	KURT J & ROSANNA M FABER	APARTMENT	$684,000	46 ft
3120 EMERSON AVE S MINNEAPOLIS MN 55408	NATHANIEL D LARSON	RESIDENTIAL-TWO UNIT	$587,700	92 ft
3104 EMERSON AVE S MINNEAPOLIS MN 55408	AMY MAYER & CALEB MAYER	TRIPLEX	$546,100	94 ft
1215 31ST ST W MINNEAPOLIS MN 55408	ROBERT & CAROLYN VAN NELSON	RESIDENTIAL	$343,700	121 ft
3124 EMERSON AVE S MINNEAPOLIS MN 55408	HILLARY ELMORE CAGE	RESIDENTIAL-TWO UNIT	$510,500	138 ft
3100 EMERSON AVE S MINNEAPOLIS MN 55408	RICHARD M SCHMITZ ET AL	RESIDENTIAL-TWO UNIT	$423,900	139 ft
3113 FREMONT AVE S MINNEAPOLIS MN 55408	J ELLEDGE & P FLEMING	APARTMENT	$836,000	140 ft
3109 FREMONT AVE S MINNEAPOLIS MN 55408	DALLAS MELVIN RADEL	RESIDENTIAL	$323,600	147 ft
3117 FREMONT AVE S MINNEAPOLIS MN 55408	IGOR NAUMOVICH LIBERMAN	APARTMENT	$808,000	148 ft

Property History

Most Recent Sale

Date202105

Price$312,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,022