3540 DUPONT AVE S MINNEAPOLIS MN 55408

PID: 0402824420197

Property Overview

Parcel ID0402824420197

Lot Size5,417 sq ft (0.124 ac)

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

Year Built1926

Property ClassRESIDENTIAL

OwnerJASON KRUGER TRUST

Assessed Value$441,300

Land Value$187,000

Building Value$254,300

Annual Tax$6,736

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 2021 · Most recent: Oct 2021 (existres)

ExistresOct 2021Closed

Hero Home Services LLC

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%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3536 DUPONT AVE S MINNEAPOLIS MN 55408	DANIEL W VOSS LIVING TRUST	RESIDENTIAL	$397,500	42 ft
3532 DUPONT AVE S MINNEAPOLIS MN 55408	H F MCCLOY & M L MCCLOY	RESIDENTIAL	$454,300	84 ft
3548 DUPONT AVE S MINNEAPOLIS MN 55408	KINGS HIGHWAY PROPERTIES LLC	APARTMENT	$3,530,000	84 ft
3528 DUPONT AVE S MINNEAPOLIS MN 55408	CHAD OLSEN & JOSHLYN OLSEN	RESIDENTIAL-TWO UNIT	$502,100	126 ft
3543 EMERSON AVE S MINNEAPOLIS MN 55408	D'ANDREA REVOCABLE TRUST	APARTMENT	$1,224,000	141 ft
3537 EMERSON AVE S MINNEAPOLIS MN 55408	DAVID J SALTZMAN ET AL	RESIDENTIAL	$377,000	146 ft
3549 EMERSON AVE S MINNEAPOLIS MN 55408	HOLLEVOET PROPERTIES LLC	CONDOMINIUM	$115,500	159 ft
3549 EMERSON AVE S MINNEAPOLIS MN 55408	ANNALIE NIENOW	CONDOMINIUM	$168,000	159 ft
3549 EMERSON AVE S MINNEAPOLIS MN 55408	ALEXANDER YANG	CONDOMINIUM	$183,800	159 ft
3549 EMERSON AVE S MINNEAPOLIS MN 55408	NICHOLAS EGNER	CONDOMINIUM	$183,800	159 ft

Property History

Most Recent Sale

Date200107

Price$255,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,736