3249 EMERSON AVE S MINNEAPOLIS MN 55408

PID: 0402824130105

Property Overview

Parcel ID0402824130105

Lot Size5,453 sq ft (0.125 ac)

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

Year Built1920

Property ClassRESIDENTIAL

OwnerAARON RUBENSTEIN

Assessed Value$382,600

Land Value$196,000

Building Value$186,600

Annual Tax$5,731

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 · Most recent: Apr 2020 (res)

ResApr 2020Closed

Urban Pine Plumbing and Mechanical Inc

ExistresOct 2019Closed

Airic's Heating & Air Conditioning 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 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

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3253 EMERSON AVE S MINNEAPOLIS MN 55408	LAURA ADELINE WINTERS	RESIDENTIAL	$434,000	42 ft
3245 EMERSON AVE S MINNEAPOLIS MN 55408	ALAN R & LISA M DEFRANCE	RESIDENTIAL	$523,000	42 ft
3241 EMERSON AVE S MINNEAPOLIS MN 55408	ROBERT C DEFRANCE & WIFE	RESIDENTIAL	$408,000	85 ft
3237 EMERSON AVE S MINNEAPOLIS MN 55408	K A LAMPLAND & D P LAMPLAND	RESIDENTIAL-TWO UNIT	$563,100	127 ft
3248 DUPONT AVE S MINNEAPOLIS MN 55408	JUAN P SANCHEX RAMIREZ ET AL	RESIDENTIAL	$978,100	140 ft
3252 DUPONT AVE S MINNEAPOLIS MN 55408	MICHAEL RHODES/TAMARA WEISS	RESIDENTIAL	$777,700	146 ft
3244 DUPONT AVE S MINNEAPOLIS MN 55408	DANIEL J JENNEY	RESIDENTIAL	$754,200	147 ft
3301 EMERSON AVE S MINNEAPOLIS MN 55408	M NAJM & R CHMIELINSKI	RESIDENTIAL	$554,500	156 ft
1113 33RD ST W MINNEAPOLIS MN 55408	LORIE SPANIER	RESIDENTIAL	$256,600	161 ft
3240 DUPONT AVE S MINNEAPOLIS MN 55408	TIMOTHY N WRIGHT	RESIDENTIAL	$469,400	164 ft

Property History

Most Recent Sale

Date199609

Price$143,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,731