2715 DUPONT AVE S MINNEAPOLIS MN 55408

PID: 3302924410227

Property Overview

Parcel ID3302924410227

Lot Size8,913 sq ft (0.205 ac)

Lot Dimensions (est.)129 ft wide × 69 ft deep

Year Built1958

Property ClassLOW INCOME RENTAL

OwnerSELA GROUP LLC

Assessed Value$2,300,000

Land Value$444,700

Building Value$1,855,300

Annual Tax$8,867

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

4 permits on record since 2017 · $35K total declared value · Most recent: Jun 2021 (comnofdbv)

ComnofdbvJun 2021Closed

NORTHLAND MECHANICAL CONTRACTORS, INC

RoofwindOct 2017Closed

$25K

NORTH COUNTRY INSTALLERS

RemodelSep 2017Closed

$3K

Sela Group LLC

AdditionSep 2017Closed

$7K

HAROLD J PIETIG AND SONS INC

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 55408

Median sale price$390K+6.8% YoY

Median price / sqft$243/sqft

Median days to close62 days

Active listings73

Source: Redfin Data Center (Invalid Date) · Zip 55408

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 width59 ft

Buildable depth89 ft

Area~5,254 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 5,254 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2711 DUPONT AVE S MINNEAPOLIS MN 55408	HAILEY LEON	RESIDENTIAL	$393,000	58 ft
2719 DUPONT AVE S MINNEAPOLIS MN 55408	I P & I R KRIEVANS	APARTMENT	$726,000	69 ft
2705 DUPONT AVE S MINNEAPOLIS MN 55408	GARY C TAZELAAR	APARTMENT	$1,283,000	104 ft
2725 DUPONT AVE S MINNEAPOLIS MN 55408	2725 DUPONT AVE S LLC	RESIDENTIAL-TWO UNIT	$470,700	125 ft
MN	Unknown	—	—	139 ft
2712 COLFAX AVE S MINNEAPOLIS MN 55408	PER HANNES MALMBERG	RESIDENTIAL	$579,200	141 ft
2716 COLFAX AVE S MINNEAPOLIS MN 55408	D & M KRAUSE	RESIDENTIAL	$475,000	144 ft
2701 DUPONT AVE S MINNEAPOLIS MN 55408	JOANNA L ROSE	TRIPLEX	$690,200	151 ft
2708 COLFAX AVE S MINNEAPOLIS MN 55408	ANGELA L RODER	RESIDENTIAL	$384,000	152 ft
2727 DUPONT AVE S MINNEAPOLIS MN 55408	ANDREW M GLOCKNER	RESIDENTIAL-TWO UNIT	$473,400	157 ft

Property History

Most Recent Sale

Date201708

Price$2,450,000

TypeCONTRACT FOR DEED

Current Tax Year

Year2026

Tax Due$8,867