1912 DUPONT AVE S MINNEAPOLIS MN 55403

PID: 2802924430207

Property Overview

Parcel ID2802924430207

Lot Size19,533 sq ft (0.448 ac)

Lot Dimensions (est.)135 ft wide × 145 ft deep

Year Built1960

Property ClassCONDOMINIUM

OwnerRUBEN MARTINEZ

Assessed Value$129,800

Land Value$13,000

Building Value$116,800

Annual Tax$2,002

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 2019 · Most recent: Apr 2019 (comnofdbv)

ComnofdbvApr 2019Closed

Majestic Plumbing Inc

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Lowry Hill · Minneapolis

Median reported rent1,289/mo

Renter-occupied58.6%

Median home value$620K

Vacancy rate3.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1055

Market Snapshot

Zip code 55403

Median sale price$315K+32.9% YoY

Median price / sqft$205/sqft

Median days to close111 days

Active listings62

Source: Redfin Data Center (Invalid Date) · Zip 55403

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 width135 ft

Buildable depth95 ft

Area~12,779 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 12,779 sqft buildable area.

Est. units

Yield on cost

4.3%

Spread

-1.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value
MN	Unknown	—	—
1912 DUPONT AVE S MINNEAPOLIS MN 55403	BRENT HOGENDORF	CONDOMINIUM	$136,000
1912 DUPONT AVE S MINNEAPOLIS MN 55403	R BETANCOURT IRR SPEC NDS TR	CONDOMINIUM	$136,000
1912 DUPONT AVE S MINNEAPOLIS MN 55403	OLIVIA DANIELS	CONDOMINIUM	$170,000
1912 DUPONT AVE S MINNEAPOLIS MN 55403	MAUREEN E REGNIER	CONDOMINIUM	$90,600
1912 DUPONT AVE S MINNEAPOLIS MN 55403	M C KIRIAKOS-ASKARI TRUST	CONDOMINIUM	$140,100
1912 DUPONT AVE S MINNEAPOLIS MN 55403	JORDAN WAGAMAN	CONDOMINIUM	$178,200
1912 DUPONT AVE S MINNEAPOLIS MN 55403	JEFFREY C DAVIS	CONDOMINIUM	$124,600
1912 DUPONT AVE S MINNEAPOLIS MN 55403	ROBERT J ADOLPHSON	CONDOMINIUM	$129,800
1912 DUPONT AVE S MINNEAPOLIS MN 55403	BONNIE FERCHO	CONDOMINIUM	$150,400

Property History

Most Recent Sale

Date200806

Price$127,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,002