3505 GIRARD AVE S MINNEAPOLIS MN 55408

PID: 0402824420014

Property Overview

Parcel ID0402824420014

Lot Size5,407 sq ft (0.124 ac)

Lot Dimensions (est.)129 ft wide × 42 ft deep

Year Built1925

Property ClassRESIDENTIAL-TWO UNIT

OwnerGERALD MEIER

Assessed Value$565,400

Land Value$196,000

Building Value$369,400

Annual Tax$8,983

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

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

South Uptown · Minneapolis

Median reported rent1,188/mo

Renter-occupied69.2%

Median home value$289K

Vacancy rate4.9%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1092

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 width32 ft

Buildable depth89 ft

Area~2,839 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 2,839 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3509 GIRARD AVE S MINNEAPOLIS MN 55408	TRAILHEAD RENTALS LLC	RESIDENTIAL-TWO UNIT	$562,500	42 ft
3501 GIRARD AVE S MINNEAPOLIS MN 55408	KIRSTIE KIMBALL	RESIDENTIAL	$430,200	52 ft
1315 35TH ST W MINNEAPOLIS MN 55408	K S HETZLER & J E OLESON	RESIDENTIAL	$310,600	54 ft
3515 GIRARD AVE S MINNEAPOLIS MN 55408	HELEN H RECH	RESIDENTIAL	$460,800	84 ft
3519 GIRARD AVE S MINNEAPOLIS MN 55408	MICHAEL LESTER SR/LISA GROSS	RESIDENTIAL	$401,000	126 ft
3504 FREMONT AVE S MINNEAPOLIS MN 55408	LYNDA B GALARNEAU	RESIDENTIAL	$471,100	140 ft
3455 GIRARD AVE S MINNEAPOLIS MN 55408	TERRY FOREHAND	APARTMENT	$653,000	144 ft
3508 FREMONT AVE S MINNEAPOLIS MN 55408	J HOLGATE & M D HAACK	RESIDENTIAL	$452,700	146 ft
3500 FREMONT AVE S MINNEAPOLIS MN 55408	ANGELA MILLER	RESIDENTIAL	$389,600	147 ft
3512 FREMONT AVE S MINNEAPOLIS MN 55408	S F NELSON & M EARLY-NELSON	RESIDENTIAL	$471,600	164 ft

Property History

Most Recent Sale

Date199701

Price$35,000

Type—

Current Tax Year

Year2026

Tax Due$8,983