3337 EMERSON AVE S MINNEAPOLIS MN 55408

PID: 0402824130205

Property Overview

Parcel ID0402824130205

Lot Size5,145 sq ft (0.118 ac)

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

Year Built1921

Property ClassRESIDENTIAL-TWO UNIT

OwnerC R MCLEOD & M V PELECIS

Assessed Value$558,500

Land Value$190,000

Building Value$368,500

Annual Tax$10,606

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2018 · $16K total declared value · Most recent: May 2025 (misc)

MiscMay 2025Closed

$16K

WEIS N SEEL ROOFING & RESTORATION

ResAug 2022Closed

Ron the Sewer Rat Inc

ResMay 2018Closed

Warners Stellian 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%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3341 EMERSON AVE S MINNEAPOLIS MN 55408	L J FRIEDEN & C S HOSTETLER	RESIDENTIAL-TWO UNIT	$561,500	40 ft
3333 EMERSON AVE S MINNEAPOLIS MN 55408	MICHAEL DIBLASI	RESIDENTIAL-TWO UNIT	$564,900	40 ft
3345 EMERSON AVE S MINNEAPOLIS MN 55408	G VANDENBERG & E GHAZVINIAN	RESIDENTIAL-TWO UNIT	$569,700	80 ft
3329 EMERSON AVE S MINNEAPOLIS MN 55408	CALLEN GERALD DUFFY	RESIDENTIAL-TWO UNIT	$580,200	80 ft
3325 EMERSON AVE S MINNEAPOLIS MN 55408	B K FOLEY LAND & DEVEL INC	RESIDENTIAL-TWO UNIT	$552,800	120 ft
3351 EMERSON AVE S MINNEAPOLIS MN 55408	T R CHASE & M D GRAHAM	RESIDENTIAL	$367,500	120 ft
3336 DUPONT AVE S MINNEAPOLIS MN 55408	STEVEN M HOSFIELD	RESIDENTIAL	$437,100	140 ft
3332 DUPONT AVE S MINNEAPOLIS MN 55408	S N NIELSEN ET AL REV LIV TR	RESIDENTIAL-TWO UNIT	$537,800	146 ft
3340 DUPONT AVE S MINNEAPOLIS MN 55408	LOUWENDA KACHINGWE	RESIDENTIAL	$526,900	146 ft
3321 EMERSON AVE S MINNEAPOLIS MN 55408	M J A AGUDO/C D J V NARVAEZ	RESIDENTIAL-TWO UNIT	$533,400	160 ft

Property History

Most Recent Sale

Date201209

Price$330,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$10,606