3554 GIRARD AVE S MINNEAPOLIS MN 55408

PID: 0402824420063

Property Overview

Parcel ID0402824420063

Lot Size7,578 sq ft (0.174 ac)

Lot Dimensions (est.)111 ft wide × 68 ft deep

Year Built1950

Property ClassRESIDENTIAL

OwnerTIMOTHY M PEARSON

Assessed Value$542,600

Land Value$178,000

Building Value$364,600

Annual Tax$8,550

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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)10 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width96 ft

Buildable depth28 ft

Area~3,783 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 3-story wood frame (5–12 units) benchmarks for 3,783 sqft buildable area.

Est. units

Yield on cost

4.1%

Spread

-1.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3548 GIRARD AVE S MINNEAPOLIS MN 55408	D NOAH & A HOLMES	RESIDENTIAL	$396,400	58 ft
1412 36TH ST W MINNEAPOLIS MN 55408	VAIL PLACE	COMMERCIAL-PREFERRED	$0	100 ft
3544 GIRARD AVE S MINNEAPOLIS MN 55408	MICHAEL R DADY	RESIDENTIAL-TWO UNIT	$474,900	106 ft
3540 GIRARD AVE S MINNEAPOLIS MN 55408	ANCHOR PROPERTIES LLC	RESIDENTIAL-TWO UNIT	$483,100	152 ft
1412 36TH ST W MINNEAPOLIS MN 55408	VAIL PLACE	LAND-COMMERCIAL	$0	170 ft
3553 HENNEPIN AVE MINNEAPOLIS MN 55408	CSK RETAIL LLC	COMMERCIAL-PREFERRED	$709,900	176 ft
3553 GIRARD AVE S MINNEAPOLIS MN 55408	R TANOUYE & N CREECH	RESIDENTIAL-TWO UNIT	$413,500	180 ft
3549 GIRARD AVE S MINNEAPOLIS MN 55408	MICHAEL R DADY	RESIDENTIAL-TWO UNIT	$404,900	183 ft
3545 GIRARD AVE S MINNEAPOLIS MN 55408	VENICE PROJECTS LLC	RESIDENTIAL-TWO UNIT	$572,900	194 ft
3536 GIRARD AVE S MINNEAPOLIS MN 55408	ALISON C MCELROY ET AL	RESIDENTIAL-TWO UNIT	$663,300	195 ft

Property History

Most Recent Sale

Date200208

Price$515,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,550