3504 FREMONT AVE S MINNEAPOLIS MN 55408

PID: 0402824420158

Property Overview

Parcel ID0402824420158

Lot Size5,417 sq ft (0.124 ac)

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

Year Built1918

Property ClassRESIDENTIAL

OwnerLYNDA B GALARNEAU

Assessed Value$471,100

Land Value$196,000

Building Value$275,100

Annual Tax$7,234

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

5 permits on record since 2020 · $72K total declared value · Most recent: Oct 2024 (res)

ResOct 2024Closed

KT Plumbing Service Inc

ExistresOct 2024Closed

Admiral Radon & Mechanical Services LLC

RemodelSep 2024Closed

$65K

HOUSE LIFT REMODELER

ExistresApr 2022Closed

BONFES PLUMBING HEATING AND AIR SERVICE INC

MiscAug 2020Closed

$7K

SELA ROOFING AND REMODELING 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~2,846 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 2,846 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3500 FREMONT AVE S MINNEAPOLIS MN 55408	ANGELA MILLER	RESIDENTIAL	$389,600	42 ft
3508 FREMONT AVE S MINNEAPOLIS MN 55408	J HOLGATE & M D HAACK	RESIDENTIAL	$452,700	42 ft
3512 FREMONT AVE S MINNEAPOLIS MN 55408	S F NELSON & M EARLY-NELSON	RESIDENTIAL	$471,600	86 ft
1315 35TH ST W MINNEAPOLIS MN 55408	K S HETZLER & J E OLESON	RESIDENTIAL	$310,600	115 ft
3516 FREMONT AVE S MINNEAPOLIS MN 55408	R LUBANOVIC & T LUBANOVIC	RESIDENTIAL	$385,600	129 ft
3505 GIRARD AVE S MINNEAPOLIS MN 55408	GERALD MEIER	RESIDENTIAL-TWO UNIT	$565,400	140 ft
3454 FREMONT AVE S MINNEAPOLIS MN 55408	L GOLDTHWAITE AND M WIRSING	RESIDENTIAL-TWO UNIT	$732,100	144 ft
3509 GIRARD AVE S MINNEAPOLIS MN 55408	TRAILHEAD RENTALS LLC	RESIDENTIAL-TWO UNIT	$562,500	147 ft
3515 GIRARD AVE S MINNEAPOLIS MN 55408	HELEN H RECH	RESIDENTIAL	$460,800	164 ft
3520 FREMONT AVE S MINNEAPOLIS MN 55408	ERIC ENBLOM & MARY ENBLOM	RESIDENTIAL-TWO UNIT	$553,300	169 ft

Property History

Current Tax Year

Year2026

Tax Due$7,234