3249 FREMONT AVE S MINNEAPOLIS MN 55408

PID: 0402824130091

Property Overview

Parcel ID0402824130091

Lot Size5,451 sq ft (0.125 ac)

Lot Dimensions (est.)129 ft wide × 42 ft deep

Year Built1904

Property ClassRESIDENTIAL

OwnerTODD LONG & KATHRIN LONG

Assessed Value$412,300

Land Value$196,000

Building Value$216,300

Annual Tax$6,358

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width32 ft

Buildable depth90 ft

Area~2,869 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 2,869 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
1218 33RD ST W MINNEAPOLIS MN 55408	INGEBORG ROKEN	RESIDENTIAL	$203,000	42 ft
3245 FREMONT AVE S MINNEAPOLIS MN 55408	MARY R MORAN	RESIDENTIAL	$421,000	42 ft
1212 33RD ST W MINNEAPOLIS MN 55408	MICHAEL KNOX & NANCY SIDLA	RESIDENTIAL	$236,400	59 ft
3253 FREMONT AVE S MINNEAPOLIS MN 55408	JASON P EURICH	RESIDENTIAL	$245,400	60 ft
3241 FREMONT AVE S MINNEAPOLIS MN 55408	M & K TREWICK JOINT LIV TR	RESIDENTIAL-TWO UNIT	$492,900	85 ft
3237 FREMONT AVE S MINNEAPOLIS MN 55408	CHAD ANTHONY TREWICK	RESIDENTIAL	$417,300	127 ft
3248 EMERSON AVE S MINNEAPOLIS MN 55408	MATTHEW J MORIARTY	CONDOMINIUM	$196,000	140 ft
3248 EMERSON AVE S MINNEAPOLIS MN 55408	NANCY A SCHAUBHUT	CONDOMINIUM	$210,000	140 ft
3248 EMERSON AVE S MINNEAPOLIS MN 55408	MARTIN CHARLES STREIGHT	CONDOMINIUM	$210,000	140 ft
3248 EMERSON AVE S MINNEAPOLIS MN 55408	KATHERINE M HEIN	CONDOMINIUM	$212,000	140 ft

Property History

Most Recent Sale

Date202011

Price$77,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$6,358