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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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.
5 permits on record since 2012 · $107K total declared value · Most recent: Feb 2026 (commercial minor)
Jayhawk Mechanical Inc
Warners Stellian Co Inc
Jayhawk Mechanical Inc
INNOVATIVE POWER SYSTEMS INC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
South Uptown · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1092
Zip code 55408
Source: Redfin Data Center (Invalid Date) · Zip 55408
Urban Neighborhood 2 — moderate-density residential
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 6,572 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3445 EMERSON AVE S MINNEAPOLIS MN 55408 | H-A-L LLC | APARTMENT | $694,000 | 63 ft |
| 3429 EMERSON AVE S MINNEAPOLIS MN 55408 | SMITH-STURM INVESTMENT CO | APARTMENT | $1,811,000 | 101 ft |
| 3449 EMERSON AVE S MINNEAPOLIS MN 55408 | BROWN FAMILY PROPERTIES L P | APARTMENT | $164,400 | 105 ft |
| 3440 DUPONT AVE S MINNEAPOLIS MN 55408 | BROWN FAMILY PROPERTIES L P | APARTMENT | $2,911,000 | 141 ft |
| 3453 EMERSON AVE S MINNEAPOLIS MN 55408 | BROWN FAMILY PROPERTIES L P | APARTMENT | $164,400 | 147 ft |
| 3450 DUPONT AVE S MINNEAPOLIS MN 55408 | BROWN FAMILY PROPERTIES L P | APARTMENT | $2,930,000 | 182 ft |
| 3432 EMERSON AVE S MINNEAPOLIS MN 55408 | 3432 EMERSON AVE SOUTH LLC | APARTMENT | $1,233,000 | 191 ft |
| 3440 EMERSON AVE S MINNEAPOLIS MN 55408 | THE AVON LLC | APARTMENT | $2,154,000 | 193 ft |
| 3421 EMERSON AVE S MINNEAPOLIS MN 55408 | SMITH-STURM INVESTMENT CO | APARTMENT | $1,811,000 | 206 ft |
| 3428 EMERSON AVE S MINNEAPOLIS MN 55408 | SUSANA & NATHAN ERPESTAD | CONDOMINIUM | $151,000 | 210 ft |
Most Recent Sale
Current Tax Year