2530 DUPONT AVE S MINNEAPOLIS MN 55405

PID: 3302924130019

Property Overview

Parcel ID3302924130019

Lot Size7,064 sq ft (0.162 ac)

Lot Dimensions (est.)129 ft wide × 55 ft deep

Year Built1904

Property ClassAPARTMENT

OwnerKI DUPONT LLC

Assessed Value$1,351,000

Land Value$354,500

Building Value$996,500

Annual Tax$25,558

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Potentially 4d-Eligible PropertyMedium

Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.

Minneapolis — 4d Affordable Housing Incentive ↗

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

Permit History

1 permit on record since 2018 · $3K total declared value · Most recent: Jul 2018 (roofwind)

RoofwindJul 2018Expired

$3K

PETER KIELAS

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

Neighborhood Profile

Lowry Hill East · Minneapolis

Median reported rent1,194/mo

Renter-occupied84.0%

Median home value$388K

Vacancy rate3.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1067

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 width45 ft

Buildable depth88 ft

Area~3,981 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 3,981 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2524 DUPONT AVE S MINNEAPOLIS MN 55405	MARK MURPHY/ANTHONY BAISLEY	TRIPLEX	$654,700	47 ft
2536 DUPONT AVE S MINNEAPOLIS MN 55405	JON LOER & JEFFERY FISHER	CONDOMINIUM	$66,000	80 ft
2536 DUPONT AVE S MINNEAPOLIS MN 55405	SYDNEY CM GROSS	CONDOMINIUM	$105,000	80 ft
2536 DUPONT AVE S MINNEAPOLIS MN 55405	COLIN KOHL	CONDOMINIUM	$93,000	80 ft
2536 DUPONT AVE S MINNEAPOLIS MN 55405	CAYDEN JAMES TUSHAUS	CONDOMINIUM	$93,000	80 ft
2536 DUPONT AVE S MINNEAPOLIS MN 55405	ADC PROPERTIES LLC	CONDOMINIUM	$93,000	80 ft
2536 DUPONT AVE S MINNEAPOLIS MN 55405	LOUIS D DAHL	CONDOMINIUM	$73,000	80 ft
2536 DUPONT AVE S MINNEAPOLIS MN 55405	STEVEN J NICHOLS	CONDOMINIUM	$97,000	80 ft
2536 DUPONT AVE S MINNEAPOLIS MN 55405	JOHNATHON ROBERT GUAJARDO	CONDOMINIUM	$110,000	80 ft
2536 DUPONT AVE S MINNEAPOLIS MN 55405	KEVIN KLEIN	CONDOMINIUM	$86,000	80 ft

Property History

Most Recent Sale

Date201807

Price$1,450,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$25,558