3125 HUMBOLDT AVE S MINNEAPOLIS MN 55408

PID: 0402824210100

Property Overview

Parcel ID0402824210100

Lot Size5,883 sq ft (0.135 ac)

Lot Dimensions (est.)129 ft wide × 46 ft deep

Year Built1908

Property ClassRESIDENTIAL

OwnerTHOMAS H SOPOCI ETAL

Assessed Value$861,000

Land Value$265,000

Building Value$596,000

Annual Tax$14,541

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 2002 · $330K total declared value · Most recent: Nov 2025 (existres)

ExistresNov 2025Inspection

Blue Ox Heating and Air LLC

Building Re-inspectionAug 2002

$330K

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

East Bde Maka Ska · Minneapolis

Median reported rent1,601/mo

Renter-occupied66.9%

Median home value$643K

Vacancy rate7.0%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1080

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 width36 ft

Buildable depth88 ft

Area~3,166 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 3,166 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3121 HUMBOLDT AVE S MINNEAPOLIS MN 55408	M BRUNKOW & J BRUNKOW	RESIDENTIAL	$720,900	46 ft
3129 HUMBOLDT AVE S MINNEAPOLIS MN 55408	LYUBA MEGITS & JOSEPH SABIR	RESIDENTIAL	$767,000	46 ft
3117 HUMBOLDT AVE S MINNEAPOLIS MN 55408	MARGARET HUDSON/SHAWN HUDSON	RESIDENTIAL	$699,500	92 ft
3133 HUMBOLDT AVE S MINNEAPOLIS MN 55408	ECATERINA & KODY MCCOLLAM	RESIDENTIAL-TWO UNIT	$545,700	92 ft
3137 HUMBOLDT AVE S MINNEAPOLIS MN 55408	R L SHAFFER/S BOULAAYOUNE	RESIDENTIAL	$708,900	137 ft
3113 HUMBOLDT AVE S MINNEAPOLIS MN 55408	ERIKA A BRASK	RESIDENTIAL	$634,800	138 ft
3124 HOLMES AVE S MINNEAPOLIS MN 55408	DAVID NOLAN & KAREN NOLAN	RESIDENTIAL-TWO UNIT	$479,400	140 ft
3128 HOLMES AVE S MINNEAPOLIS MN 55408	R E WHITE & E P CONCEPCION	RESIDENTIAL	$633,800	147 ft
3120 HOLMES AVE S MINNEAPOLIS MN 55408	P J SALITERMAN/L J EL ALAOUI	RESIDENTIAL	$884,900	148 ft
3132 HOLMES AVE S MINNEAPOLIS MN 55408	JESTIN MILLER	RESIDENTIAL-TWO UNIT	$542,800	167 ft

Property History

Current Tax Year

Year2026

Tax Due$14,541