2105 EMERSON AVE S MINNEAPOLIS MN 55405

PID: 3302924120020

Property Overview

Parcel ID3302924120020

Lot Size5,077 sq ft (0.117 ac)

Lot Dimensions (est.)127 ft wide × 40 ft deep

Year Built1906

Property ClassRESIDENTIAL

OwnerV CHERKASSKY & B SHENG

Assessed Value$554,400

Land Value$240,000

Building Value$314,400

Annual Tax$8,740

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

2 permits on record since 2022 · Most recent: Jun 2024 (existres)

ExistresJun 2024Expired

TOTAL COMFORT

ExistresMay 2022Cancelled

CENTERPOINT ENERGY

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 55405

Median sale price$530K+73.8% YoY

Median price / sqft$270/sqft

Median days to close45 days

Active listings39

Source: Redfin Data Center (Invalid Date) · Zip 55405

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 width30 ft

Buildable depth87 ft

Area~2,608 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 2,608 sqft buildable area.

Est. units

Yield on cost

3.2%

Spread

-2.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2103 EMERSON AVE S MINNEAPOLIS MN 55405	D B FRIEDMAN-SHEDLOV ET AL	RESIDENTIAL	$591,400	40 ft
2111 EMERSON AVE S MINNEAPOLIS MN 55405	BRIAN R HOLS & SUSAN M HOLS	RESIDENTIAL	$727,200	41 ft
2027 EMERSON AVE S MINNEAPOLIS MN 55405	GAIL A PUZAK TRUSTEE	RESIDENTIAL	$663,000	82 ft
2115 EMERSON AVE S MINNEAPOLIS MN 55405	E L E MORICE & N R MORICE	RESIDENTIAL	$890,000	84 ft
2119 EMERSON AVE S MINNEAPOLIS MN 55405	G P HELLMAN & R K HELLMAN	RESIDENTIAL	$774,000	131 ft
2021 EMERSON AVE S MINNEAPOLIS MN 55405	MORRIS GOODWIN JR ET AL	RESIDENTIAL	$886,000	132 ft
2106 DUPONT AVE S MINNEAPOLIS MN 55405	KAREN ANN WOYAK	TRIPLEX	$584,600	142 ft
2100 DUPONT AVE S MINNEAPOLIS MN 55405	BROBERG PROPERTIES V LLC	TRIPLEX	$714,600	145 ft
2112 DUPONT AVE S MINNEAPOLIS MN 55405	K JANNE FLISRAND REV TRUST	APARTMENT	$602,000	157 ft
2026 DUPONT AVE S MINNEAPOLIS MN 55405	TRUST ENTERPRISES LLC	TRIPLEX	$588,700	160 ft

Property History

Most Recent Sale

Date199103

Price$184,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$8,740