3341 DUPONT AVE S MINNEAPOLIS MN 55408

PID: 0402824140178

Property Overview

Parcel ID0402824140178

Lot Size7,770 sq ft (0.178 ac)

Lot Dimensions (est.)129 ft wide × 60 ft deep

Year Built1922

Property ClassAPARTMENT

OwnerHADE SDRA LLC

Assessed Value$894,000

Land Value$192,800

Building Value$701,200

Annual Tax$16,978

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Potentially 4d-Eligible PropertyMedium

Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.

Minneapolis — 4d Affordable Housing Incentive ↗

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 width50 ft

Buildable depth90 ft

Area~1,769 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 1,769 sqft buildable area.

Est. units

Yield on cost

2.8%

Spread

-2.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3337 DUPONT AVE S MINNEAPOLIS MN 55408	ANDREW PUTZ & KYLIE ENGLE	RESIDENTIAL	$457,400	50 ft
3349 DUPONT AVE S MINNEAPOLIS MN 55408	2449 HARRIET LLC	APARTMENT	$879,000	60 ft
3333 DUPONT AVE S MINNEAPOLIS MN 55408	MICHAEL R TRONNES	RESIDENTIAL	$350,800	90 ft
1010 34TH ST W MINNEAPOLIS MN 55408	NOKOMIS COLFAX LLC	APARTMENT	$653,000	112 ft
3329 DUPONT AVE S MINNEAPOLIS MN 55408	SUSAN J OLSON	RESIDENTIAL	$359,700	130 ft
3340 COLFAX AVE S MINNEAPOLIS MN 55408	NICOLAUS G BAUMAN	RESIDENTIAL-TWO UNIT	$509,800	141 ft
3334 COLFAX AVE S MINNEAPOLIS MN 55408	KORY J KVIST & KATHLEEN W NG	RESIDENTIAL-TWO UNIT	$479,000	149 ft
3332 COLFAX AVE S MINNEAPOLIS MN 55408	ALICE FREDRICKSON	CONDOMINIUM	$213,000	167 ft
3332 COLFAX AVE S MINNEAPOLIS MN 55408	CLARK GASSEN	CONDOMINIUM	$213,000	167 ft
3332 COLFAX AVE S MINNEAPOLIS MN 55408	ANTHONY WILLIAM RITTENHOUSE	CONDOMINIUM	$211,000	167 ft

Property History

Most Recent Sale

Date202503

Price$950,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$16,978