2510 DUPONT AVE N MINNEAPOLIS MN 55411

PID: 1602924110110

Property Overview

Parcel ID1602924110110

Lot Size4,702 sq ft (0.108 ac)

Lot Dimensions (est.)156 ft wide × 30 ft deep

Year Built1909

Property ClassRESIDENTIAL

OwnerJESSE WAYNE DRUM

Assessed Value$157,000

Land Value$15,000

Building Value$142,000

Annual Tax$1,976

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Qualified Census Tract (QCT)High

Within a HUD-designated Qualified Census Tract — LIHTC projects here receive a 30% basis boost, significantly increasing the tax credit allocation for affordable housing development.

HUD — LIHTC Qualified Census Tracts ↗

Potential programs

LIHTC 30% Basis BoostMedium

Affordable housing developments in QCTs receive a 30% increase in eligible basis for Low Income Housing Tax Credits — materially improving project feasibility. Allocated through MHFA.

HUD — LIHTC Qualified Census Tracts ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Hawthorne · Minneapolis

Median reported rent1,556/mo

Renter-occupied45.7%

Median home value$177K

Vacancy rate3.9%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 22

Market Snapshot

Zip code 55411

Median sale price$243K-2.9% YoY

Median price / sqft$140/sqft

Median days to close40 days

Active listings67

Source: Redfin Data Center (Invalid Date) · Zip 55411

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 width20 ft

Buildable depth117 ft

Area~2,335 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 2,335 sqft buildable area.

Est. units

Yield on cost

4.2%

Spread

-1.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2508 DUPONT AVE N MINNEAPOLIS MN 55411	EDWIN MARTINEZ GARRIDO	VACANT LAND-APARTMENT	$22,000	25 ft
2512 DUPONT AVE N MINNEAPOLIS MN 55411	JORGE GARCIA	RESIDENTIAL	$108,000	27 ft
2506 DUPONT AVE N MINNEAPOLIS MN 55411	EDWIN MARTINEZ GARRIDO	APARTMENT	$313,000	55 ft
2518 DUPONT AVE N MINNEAPOLIS MN 55411	L T BAKER/L L BAKER JT LV TR	RESIDENTIAL	$167,400	77 ft
2502 DUPONT AVE N MINNEAPOLIS MN 55411	BEVERLY A LUTZ	RESIDENTIAL	$284,100	105 ft
921 26TH AVE N MINNEAPOLIS MN 55411	R B KNOX & M A STARR-KNOX	RESIDENTIAL	$118,800	166 ft
917 26TH AVE N MINNEAPOLIS MN 55411	MICHAEL NEHMZOW	VACANT LAND-RESIDENTIAL	$0	166 ft
929 26TH AVE N MINNEAPOLIS MN 55411	CHRISTIE SONNER	RESIDENTIAL	$193,300	175 ft
915 26TH AVE N MINNEAPOLIS MN 55411	MICHAEL ANTHONY NEHMZOW	RESIDENTIAL	$173,400	175 ft
2503 BRYANT AVE N MINNEAPOLIS MN 55411	NEW SALEM MISSNRY BAPT CHRCH	COMMERCIAL-PREFERRED	$0	177 ft

Property History

Most Recent Sale

Date199001

Price$25,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$1,976