2525 DUPONT AVE S MINNEAPOLIS MN 55405

PID: 3302924140014

Property Overview

Parcel ID3302924140014

Lot Size5,117 sq ft (0.117 ac)

Lot Dimensions (est.)128 ft wide × 40 ft deep

Year Built1906

Property ClassRESIDENTIAL

OwnerP B WEBSTER & J E MYHRE

Assessed Value$276,000

Land Value$143,000

Building Value$133,000

Annual Tax$3,953

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2020 · $17K total declared value · Most recent: Feb 2024 (misc)

MiscFeb 2024Expired

$12K

Allied Construction Llc

MiscMay 2021Closed

$1K

Mad City Windows & Bath

MiscMay 2021Closed

$3K

SELA ROOFING AND REMODELING INC

ResFeb 2020Closed

Warners Stellian Co Inc

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

Neighborhood Profile

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 width30 ft

Buildable depth88 ft

Area~2,637 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 2,637 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
2529 DUPONT AVE S MINNEAPOLIS MN 55405	PAMELA K HANSON	RESIDENTIAL-TWO UNIT	$493,700	40 ft
2521 DUPONT AVE S MINNEAPOLIS MN 55405	2521 DUPONT AVENUE SOUTH LLC	RESIDENTIAL	$391,700	40 ft
2535 DUPONT AVE S MINNEAPOLIS MN 55405	KYLE GRUBE & LEHN GRUBE	RESIDENTIAL-TWO UNIT	$516,400	80 ft
2537 DUPONT AVE S MINNEAPOLIS MN 55405	DANA THOMPSON	RESIDENTIAL	$359,300	120 ft
2524 COLFAX AVE S MINNEAPOLIS MN 55405	A GOODRUM & P VUJOVICH	RESIDENTIAL	$686,000	142 ft
2520 COLFAX AVE S MINNEAPOLIS MN 55405	KYLE JOHN STRESE	RESIDENTIAL	$636,900	147 ft
2532 COLFAX AVE S MINNEAPOLIS MN 55405	JOSHUA KATT & MOLLY KATT	RESIDENTIAL	$538,800	159 ft
2509 DUPONT AVE S MINNEAPOLIS MN 55405	HORNIG D & E LTD PARTNERSHIP	APARTMENT	$3,846,000	160 ft
2541 DUPONT AVE S MINNEAPOLIS MN 55405	ELIZABETH C EVANS	RESIDENTIAL	$559,900	160 ft
2516 COLFAX AVE S MINNEAPOLIS MN 55405	B MCGINTY & C BOSSERMAN	RESIDENTIAL	$575,200	163 ft

Property History

Most Recent Sale

Date202406

Price$437,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,953