3508 GIRARD AVE S MINNEAPOLIS MN 55408

PID: 0402824420048

Property Overview

Parcel ID0402824420048

Lot Size3,268 sq ft (0.075 ac)

Lot Dimensions (est.)87 ft wide × 38 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerCAITLIN THARALDSON

Assessed Value$319,600

Land Value$148,000

Building Value$171,600

Annual Tax$4,698

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 2024 · Most recent: Mar 2026 (res)

ResMar 2026Closed

Master Plumbing Services LLC

ExistresMay 2024Expired

GV Heating and Air Inc

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

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 width28 ft

Buildable depth46 ft

Area~1,293 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 1,293 sqft buildable area.

Est. units

Yield on cost

2.5%

Spread

-3.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3504 GIRARD AVE S MINNEAPOLIS MN 55408	STEPHANIE HOUSMANS	RESIDENTIAL	$454,600	39 ft
3512 GIRARD AVE S MINNEAPOLIS MN 55408	C A ROACH & L P ROACH	RESIDENTIAL	$427,200	44 ft
1411 35TH ST W MINNEAPOLIS MN 55408	ANDREW EDELSTEIN	RESIDENTIAL	$426,700	75 ft
3500 GIRARD AVE S MINNEAPOLIS MN 55408	A H LICKTEIG/J LICKTEIG ETAL	RESIDENTIAL-TWO UNIT	$436,600	79 ft
3516 GIRARD AVE S MINNEAPOLIS MN 55408	ALEX P MISSAGHI	RESIDENTIAL-TWO UNIT	$476,700	83 ft
3520 GIRARD AVE S MINNEAPOLIS MN 55408	J PERKEY & R SPIKINGS	RESIDENTIAL	$435,900	125 ft
3501 GIRARD AVE S MINNEAPOLIS MN 55408	KIRSTIE KIMBALL	RESIDENTIAL	$430,200	158 ft
3509 HENNEPIN AVE MINNEAPOLIS MN 55408	HONEY BEE PROPERTY SOLNS LLC	LAND-COMMERCIAL	$159,100	159 ft
3513 HENNEPIN AVE MINNEAPOLIS MN 55408	HONEY BEE PROPERTY SOLNS LLC	APARTMENT	$685,200	164 ft
3509 GIRARD AVE S MINNEAPOLIS MN 55408	TRAILHEAD RENTALS LLC	RESIDENTIAL-TWO UNIT	$562,500	167 ft

Property History

Most Recent Sale

Date202308

Price$355,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,698