3140 IRVING AVE S MINNEAPOLIS MN 55408

PID: 0402824210140

Property Overview

Parcel ID0402824210140

Lot Size5,836 sq ft (0.134 ac)

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

Year Built1900

Property ClassRESIDENTIAL

OwnerJ & J DUFRESNE

Assessed Value$462,400

Land Value$278,000

Building Value$184,400

Annual Tax$7,062

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

3 permits on record since 2018 · $12K total declared value · Most recent: Oct 2022 (misc)

MiscOct 2022Closed

$5K

PETER HALL CONSTRUCTION INC

ExistresDec 2019Closed

Airic's Heating & Air Conditioning Inc

MiscApr 2018Closed

$7K

BUILDERS AND REMODELERS 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~3,129 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 3,129 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
3136 IRVING AVE S MINNEAPOLIS MN 55408	T D ERICKSON/K M SOLOMONSON	RESIDENTIAL	$810,000	46 ft
3144 IRVING AVE S MINNEAPOLIS MN 55408	J A LARSON & M A SMITH	RESIDENTIAL	$638,400	46 ft
3148 IRVING AVE S MINNEAPOLIS MN 55408	J T MOE & N B POLLOCK	RESIDENTIAL	$607,800	91 ft
3132 IRVING AVE S MINNEAPOLIS MN 55408	TRIO DESIGN AND BUILD LLC	RESIDENTIAL-TWO UNIT	$584,500	92 ft
3128 IRVING AVE S MINNEAPOLIS MN 55408	NANCY BEAL WALLER REV TRUST	RESIDENTIAL	$725,600	138 ft
3141 JAMES AVE S MINNEAPOLIS MN 55408	JANICE M LANE	RESIDENTIAL	$512,900	141 ft
3137 JAMES AVE S MINNEAPOLIS MN 55408	KURT C DEMEL	RESIDENTIAL	$694,800	148 ft
3145 JAMES AVE S MINNEAPOLIS MN 55408	KERRY D VERMEER TRUST	RESIDENTIAL	$750,100	149 ft
3133 JAMES AVE S MINNEAPOLIS MN 55408	D A HARVEY & G R BAKER	TRIPLEX	$791,700	168 ft
3149 JAMES AVE S MINNEAPOLIS MN 55408	T NORKUS-CRAMPTON ET AL	RESIDENTIAL-TWO UNIT	$590,000	169 ft

Property History

Current Tax Year

Year2026

Tax Due$7,062