3449 FREMONT AVE S MINNEAPOLIS MN 55408

PID: 0402824420120

Property Overview

Parcel ID0402824420120

Lot Size5,414 sq ft (0.124 ac)

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

Year Built1911

Property ClassRESIDENTIAL

OwnerE A ROBINSON & C H ROBINSON

Assessed Value$464,800

Land Value$196,000

Building Value$268,800

Annual Tax$7,129

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 2018 · $13K total declared value · Most recent: May 2021 (misc)

MiscMay 2021Closed

$13K

Renda the Roofer

ExistresFeb 2018Closed

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 width32 ft

Buildable depth89 ft

Area~2,844 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 2,844 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
3453 FREMONT AVE S MINNEAPOLIS MN 55408	JEFFREY P CAULUM	RESIDENTIAL	$395,400	42 ft
3445 FREMONT AVE S MINNEAPOLIS MN 55408	ANNE WILSON	RESIDENTIAL	$521,600	42 ft
3441 FREMONT AVE S MINNEAPOLIS MN 55408	GERALD W GANANN ETAL	RESIDENTIAL	$444,300	84 ft
3437 FREMONT AVE S MINNEAPOLIS MN 55408	B N POFAHL & E GUETTLER	RESIDENTIAL	$583,000	126 ft
3452 EMERSON AVE S MINNEAPOLIS MN 55408	SELA INVESTMENTS LTD LLP	APARTMENT	$1,375,000	142 ft
3501 FREMONT AVE S MINNEAPOLIS MN 55408	THERESA ERNST	RESIDENTIAL	$318,500	144 ft
3440 EMERSON AVE S MINNEAPOLIS MN 55408	THE AVON LLC	APARTMENT	$2,154,000	154 ft
3433 FREMONT AVE S MINNEAPOLIS MN 55408	ADAM JONAS & RACHEL HUTTON	RESIDENTIAL	$388,200	168 ft
3505 FREMONT AVE S MINNEAPOLIS MN 55408	PETER TRUAX/RYAN COOPERGARD	RESIDENTIAL	$420,100	187 ft
3450 FREMONT AVE S MINNEAPOLIS MN 55408	VINCENT HAYES	RESIDENTIAL	$324,200	188 ft

Property History

Most Recent Sale

Date201709

Price$385,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,129