1769 DUPONT AVE S MINNEAPOLIS MN 55403

PID: 2802924440324

Property Overview

Parcel ID2802924440324

Lot Size12,663 sq ft (0.291 ac)

Lot Dimensions (est.)134 ft wide × 94 ft deep

Year Built1926

Property ClassCONDOMINIUM

OwnerR C SHULSTAD/M R SHULSTAD TR

Assessed Value$709,000

Land Value$197,000

Building Value$512,000

Annual Tax$11,665

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

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width121 ft

Buildable depth54 ft

Area~7,668 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 7,668 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
1769 DUPONT AVE S MINNEAPOLIS MN 55403	1769 DUPONT LLC	CONDOMINIUM	$719,000	0 ft
MN	Unknown	—	—	0 ft
1777 DUPONT AVE S MINNEAPOLIS MN 55403	BRIAN R MELENDEZ	RESIDENTIAL	$1,049,000	75 ft
1779 DUPONT AVE S MINNEAPOLIS MN 55403	J & M PALEN	RESIDENTIAL	$706,700	128 ft
1768 COLFAX AVE S MINNEAPOLIS MN 55403	PATRICK B PORTER-LOBER TRUST	RESIDENTIAL	$781,000	135 ft
1725 DUPONT AVE S MINNEAPOLIS MN 55403	S BENSON & S K THOMPSON	RESIDENTIAL	$1,089,800	140 ft
1772 COLFAX AVE S MINNEAPOLIS MN 55403	PAUL E PENDER TRST	RESIDENTIAL	$1,091,800	143 ft
1776 COLFAX AVE S MINNEAPOLIS MN 55403	S G SHAFFER & E A SHAFFER	RESIDENTIAL	$1,322,000	169 ft
1785 DUPONT AVE S MINNEAPOLIS MN 55403	MICHAEL AMOFAH	RESIDENTIAL	$1,352,100	178 ft
1766 DUPONT AVE S MINNEAPOLIS MN 55403	ANITA C GREEN	RESIDENTIAL	$759,600	195 ft

Property History

Most Recent Sale

Date199912

Price$475,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$11,665