1311 31ST ST W MINNEAPOLIS MN 55408

PID: 0402824120102

Property Overview

Parcel ID0402824120102

Lot Size2,323 sq ft (0.053 ac)

Lot Dimensions (est.)53 ft wide × 44 ft deep

Year Built1906

Property ClassRESIDENTIAL

OwnerZ J HAMMER & A E JOHNSON

Assessed Value$325,500

Land Value$108,000

Building Value$217,500

Annual Tax$4,778

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 · Most recent: Sep 2023 (res)

ResSep 2023Closed

Water Heaters Now 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 width42 ft

Buildable depth5 ft

Area~186 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 186 sqft buildable area.

Est. units

Yield on cost

6.6%

Spread

+1.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3104 FREMONT AVE S MINNEAPOLIS MN 55408	J ATLAN & A ZAKIEWICZ	RESIDENTIAL	$354,000	59 ft
1301 31ST ST W MINNEAPOLIS MN 55408	GEORGIA A AFTON	RESIDENTIAL	$442,800	64 ft
3110 FREMONT AVE S MINNEAPOLIS MN 55408	THOMAS BROICH	RESIDENTIAL-TWO UNIT	$509,000	98 ft
1321 31ST ST W MINNEAPOLIS MN 55408	KELLY LP	CONDOMINIUM	$449,000	102 ft
1323 31ST ST W MINNEAPOLIS MN 55408	AISHA HARUN	CONDOMINIUM	$449,000	102 ft
1325 31ST ST W MINNEAPOLIS MN 55408	RAWAD NASR & SAMAR MALAEB	CONDOMINIUM	$449,000	102 ft
3101 GIRARD AVE S MINNEAPOLIS MN 55408	SAKINA B NAQVI	CONDOMINIUM	$455,000	102 ft
MN	Unknown	—	—	102 ft
3105 GIRARD AVE S MINNEAPOLIS MN 55408	GIRARD AVENUE LLC	APARTMENT	$653,000	112 ft
3109 GIRARD AVE S MINNEAPOLIS MN 55408	H-A-L LLC	APARTMENT	$653,000	137 ft

Property History

Most Recent Sale

Date202312

Price$325,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,778