3109 JAMES AVE S MINNEAPOLIS MN 55408

PID: 0402824210134

Property Overview

Parcel ID0402824210134

Lot Size5,834 sq ft (0.134 ac)

Lot Dimensions (est.)128 ft wide × 46 ft deep

Year Built1904

Property ClassRESIDENTIAL

OwnerT NELSON & N ERLANDSON

Assessed Value$583,600

Land Value$298,000

Building Value$285,600

Annual Tax$9,292

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

8 permits on record since 2012 · $204K total declared value · Most recent: Apr 2021 (existres)

ExistresApr 2021Closed

The Snelling Co Inc

ResApr 2021Closed

FIRESIDE HEARTH AND HOME

MiscApr 2021Closed

$24K

RENEWAL BY ANDERSEN CORP

ExistresJul 2020Closed

$1K

Swat Holdings LLC

MiscJul 2020Closed

$8K

FRIEMANN COMPAINIES INC

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 depth87 ft

Area~3,128 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 3,128 sqft buildable area.

Est. units

Yield on cost

3.2%

Spread

-2.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3113 JAMES AVE S MINNEAPOLIS MN 55408	JOHN PATRICK GOGGIN	RESIDENTIAL	$426,200	46 ft
1621 31ST ST W MINNEAPOLIS MN 55408	C C GUTTENFELDER ET AL	RESIDENTIAL	$731,000	73 ft
1613 31ST ST W MINNEAPOLIS MN 55408	L D AUSETH & K J P OHARA	RESIDENTIAL	$532,200	76 ft
3115 JAMES AVE S MINNEAPOLIS MN 55408	A E OLME & M S OLME	RESIDENTIAL-TWO UNIT	$680,000	92 ft
1609 31ST ST W MINNEAPOLIS MN 55408	JOSEPH J & SANDRA H REARDON	RESIDENTIAL	$559,500	112 ft
3123 JAMES AVE S MINNEAPOLIS MN 55408	LONNY D AUSETH TRUST	TRIPLEX	$837,400	138 ft
3112 IRVING AVE S MINNEAPOLIS MN 55408	J NELSON & K MCCUSKEY	RESIDENTIAL	$307,000	153 ft
3116 IRVING AVE S MINNEAPOLIS MN 55408	DIANE BRATVOLD	RESIDENTIAL	$656,400	168 ft
1605 31ST ST W MINNEAPOLIS MN 55408	JILL D ENGLUND	RESIDENTIAL-TWO UNIT	$806,300	179 ft
3125 JAMES AVE S MINNEAPOLIS MN 55408	SARA LYNN BAKER	RESIDENTIAL	$696,100	183 ft

Property History

Most Recent Sale

Date202507

Price$710,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,292