3240 DUPONT AVE S MINNEAPOLIS MN 55408

PID: 0402824130100

Property Overview

Parcel ID0402824130100

Lot Size5,454 sq ft (0.125 ac)

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

Year Built1906

Property ClassRESIDENTIAL

OwnerTIMOTHY N WRIGHT

Assessed Value$469,400

Land Value$186,000

Building Value$283,400

Annual Tax$7,179

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2020 · $31K total declared value · Most recent: Nov 2025 (remodel)

RemodelNov 2025Closed

$3K

Three Rivers Contracting LLC

MiscMar 2025Closed

$28K

SELA ROOFING AND REMODELING INC

ExistresJan 2020Closed

UPTOWN PLUMBING HEATING AND COOLING

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 width32 ft

Buildable depth90 ft

Area~2,871 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 2,871 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3236 DUPONT AVE S MINNEAPOLIS MN 55408	DAVID BRAASCH & JULIE ELWELL	RESIDENTIAL	$623,000	42 ft
3244 DUPONT AVE S MINNEAPOLIS MN 55408	DANIEL J JENNEY	RESIDENTIAL	$754,200	42 ft
3232 DUPONT AVE S MINNEAPOLIS MN 55408	WILLIAM D GREGOIRE	RESIDENTIAL	$262,600	85 ft
3248 DUPONT AVE S MINNEAPOLIS MN 55408	JUAN P SANCHEX RAMIREZ ET AL	RESIDENTIAL	$978,100	85 ft
3228 DUPONT AVE S MINNEAPOLIS MN 55408	M FEE & B TRADEWELL	RESIDENTIAL	$441,000	127 ft
3252 DUPONT AVE S MINNEAPOLIS MN 55408	MICHAEL RHODES/TAMARA WEISS	RESIDENTIAL	$777,700	127 ft
3241 EMERSON AVE S MINNEAPOLIS MN 55408	ROBERT C DEFRANCE & WIFE	RESIDENTIAL	$408,000	140 ft
3237 EMERSON AVE S MINNEAPOLIS MN 55408	K A LAMPLAND & D P LAMPLAND	RESIDENTIAL-TWO UNIT	$563,100	146 ft
3245 EMERSON AVE S MINNEAPOLIS MN 55408	ALAN R & LISA M DEFRANCE	RESIDENTIAL	$523,000	147 ft
3233 EMERSON AVE S MINNEAPOLIS MN 55408	MARIAN J PLUMMER	APARTMENT	$815,000	163 ft

Property History

Most Recent Sale

Date199405

Price$110,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$7,179