3341 EMERSON AVE S MINNEAPOLIS MN 55408

PID: 0402824130204

Property Overview

Parcel ID0402824130204

Lot Size5,145 sq ft (0.118 ac)

Lot Dimensions (est.)129 ft wide × 40 ft deep

Year Built1921

Property ClassRESIDENTIAL-TWO UNIT

OwnerL J FRIEDEN & C S HOSTETLER

Assessed Value$561,500

Land Value$190,000

Building Value$371,500

Annual Tax$8,909

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 2024 · Most recent: Apr 2024 (res)

ResApr 2024Closed

ST PAUL PLUMBING AND HEATING CO 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 width30 ft

Buildable depth89 ft

Area~2,658 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 2,658 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3345 EMERSON AVE S MINNEAPOLIS MN 55408	G VANDENBERG & E GHAZVINIAN	RESIDENTIAL-TWO UNIT	$569,700	40 ft
3337 EMERSON AVE S MINNEAPOLIS MN 55408	C R MCLEOD & M V PELECIS	RESIDENTIAL-TWO UNIT	$558,500	40 ft
3351 EMERSON AVE S MINNEAPOLIS MN 55408	T R CHASE & M D GRAHAM	RESIDENTIAL	$367,500	80 ft
3333 EMERSON AVE S MINNEAPOLIS MN 55408	MICHAEL DIBLASI	RESIDENTIAL-TWO UNIT	$564,900	80 ft
3329 EMERSON AVE S MINNEAPOLIS MN 55408	CALLEN GERALD DUFFY	RESIDENTIAL-TWO UNIT	$580,200	120 ft
3340 DUPONT AVE S MINNEAPOLIS MN 55408	LOUWENDA KACHINGWE	RESIDENTIAL	$526,900	140 ft
3336 DUPONT AVE S MINNEAPOLIS MN 55408	STEVEN M HOSFIELD	RESIDENTIAL	$437,100	146 ft
3344 DUPONT AVE S MINNEAPOLIS MN 55408	K T ROLF & P A DEBUQUE	RESIDENTIAL	$454,200	146 ft
3325 EMERSON AVE S MINNEAPOLIS MN 55408	B K FOLEY LAND & DEVEL INC	RESIDENTIAL-TWO UNIT	$552,800	160 ft
3348 DUPONT AVE S MINNEAPOLIS MN 55408	REARDON PROP LTD PTNRSHP	APARTMENT	$660,000	161 ft

Property History

Most Recent Sale

Date199703

Price$150,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,909