3541 GIRARD AVE S MINNEAPOLIS MN 55408

PID: 0402824420057

Property Overview

Parcel ID0402824420057

Lot Size5,151 sq ft (0.118 ac)

Lot Dimensions (est.)129 ft wide × 40 ft deep

Year Built1922

Property ClassRESIDENTIAL-TWO UNIT

OwnerRAYMOND H LARSON TRUST

Assessed Value$481,300

Land Value$191,000

Building Value$290,300

Annual Tax$9,140

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

1 permit on record since 2025 · $7K total declared value · Most recent: Aug 2025 (misc)

MiscAug 2025Final Inspection

$7K

Jeff Larson

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 width30 ft

Buildable depth89 ft

Area~2,663 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 2,663 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3537 GIRARD AVE S MINNEAPOLIS MN 55408	VICKI L HOOPER REV TRUST	RESIDENTIAL	$441,900	40 ft
3545 GIRARD AVE S MINNEAPOLIS MN 55408	VENICE PROJECTS LLC	RESIDENTIAL-TWO UNIT	$572,900	40 ft
3549 GIRARD AVE S MINNEAPOLIS MN 55408	MICHAEL R DADY	RESIDENTIAL-TWO UNIT	$404,900	80 ft
3533 GIRARD AVE S MINNEAPOLIS MN 55408	V SINGH & A K SINGH	APARTMENT	$589,000	84 ft
3553 GIRARD AVE S MINNEAPOLIS MN 55408	R TANOUYE & N CREECH	RESIDENTIAL-TWO UNIT	$413,500	121 ft
3529 GIRARD AVE S MINNEAPOLIS MN 55408	J W MICHENER & J C MICHENER	RESIDENTIAL	$540,700	138 ft
3540 FREMONT AVE S MINNEAPOLIS MN 55408	MPLS UPTWN RENTALS 3540 LLC	RESIDENTIAL	$479,800	141 ft
3544 FREMONT AVE S MINNEAPOLIS MN 55408	N GOFFARD & S SMALLWOOD	RESIDENTIAL	$556,800	145 ft
3538 FREMONT AVE S MINNEAPOLIS MN 55408	HENNEPIN AVENUE LLC	APARTMENT	$882,000	149 ft
3550 FREMONT AVE S MINNEAPOLIS MN 55408	M D S GREY & J A GREY	RESIDENTIAL	$556,800	160 ft

Property History

Current Tax Year

Year2026

Tax Due$9,140