3120 JAMES AVE S MINNEAPOLIS MN 55408

PID: 0402824220054

Property Overview

Parcel ID0402824220054

Lot Size5,986 sq ft (0.137 ac)

Lot Dimensions (est.)129 ft wide × 47 ft deep

Year Built1904

Property ClassRESIDENTIAL

OwnerB B CANTLON & K E BURGER

Assessed Value$763,200

Land Value$303,000

Building Value$460,200

Annual Tax$12,942

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2018 · $67K total declared value · Most recent: May 2024 (misc)

MiscMay 2024Closed

$32K

BUILT STRONG EXTERIORS LLC

RemodelAug 2023Expired

$35K

SAWHILL CUSTOM KITCHEN DESIGN INC

ResJul 2023Closed

Thelen Mechanical LLC

ResNov 2018Closed

Warners Stellian Co 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 depth90 ft

Area~3,237 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 3,237 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3116 JAMES AVE S MINNEAPOLIS MN 55408	MATTHEW MENARD/HEATHER STONE	RESIDENTIAL	$1,015,000	46 ft
3124 JAMES AVE S MINNEAPOLIS MN 55408	M C GAST & J CHRISTENSON	RESIDENTIAL	$647,800	46 ft
3112 JAMES AVE S MINNEAPOLIS MN 55408	WALTER RUSH IV	RESIDENTIAL	$733,800	91 ft
3128 JAMES AVE S MINNEAPOLIS MN 55408	KALE FAMILY REVOCABLE TRUST	RESIDENTIAL	$785,600	92 ft
3108 JAMES AVE S MINNEAPOLIS MN 55408	T PAOLUCCI & L ERICKSON	RESIDENTIAL	$632,700	137 ft
3132 JAMES AVE S MINNEAPOLIS MN 55408	3132 JAMES AVE LLC	RESIDENTIAL-TWO UNIT	$747,700	138 ft
3125 E BDE MAKA SKA PKWY MINNEAPOLIS MN 55408	AMY A WOLFORD	RESIDENTIAL	$1,629,700	179 ft
3104 JAMES AVE S MINNEAPOLIS MN 55408	JAMES VAN HORNE	RESIDENTIAL	$636,400	182 ft
3121 E BDE MAKA SKA PKWY MINNEAPOLIS MN 55408	N A J VLIETSTRA/J VLIETSTRA	RESIDENTIAL	$1,169,500	182 ft
3136 JAMES AVE S MINNEAPOLIS MN 55408	ROBERT T KEAN LIVING TRUST	RESIDENTIAL	$699,600	184 ft

Property History

Most Recent Sale

Date200410

Price$649,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$12,942