2640 DUPONT AVE S MINNEAPOLIS MN 55408

PID: 3302924420030

Property Overview

Parcel ID3302924420030

Lot Size5,154 sq ft (0.118 ac)

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

Year Built1906

Property ClassRESIDENTIAL

OwnerLOGAN SMITH

Assessed Value$453,700

Land Value$127,000

Building Value$326,700

Annual Tax$6,997

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2020 · $125K total declared value · Most recent: Jan 2024 (remodel)

RemodelJan 2024Final Inspection

$71K

INSPIRED SPACES LLC

ResJan 2024Expired

LIBERTY PLUMBING CO LLC

MiscSep 2023Closed

$8K

TRINITY EXTERIORS INC

ExistresJun 2020Closed

APOLLO HEATING AND AIR

RemodelJun 2020Closed

$46K

HANSON REMODELING

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 width30 ft

Buildable depth89 ft

Area~2,664 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 2,664 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
2644 DUPONT AVE S MINNEAPOLIS MN 55408	OYEJIDE ADEYEMI FAJOBI	RESIDENTIAL-TWO UNIT	$337,700	33 ft
2636 DUPONT AVE S MINNEAPOLIS MN 55408	A PARNERKAR & V PARNERKAR	RESIDENTIAL-TWO UNIT	$431,500	40 ft
2648 DUPONT AVE S MINNEAPOLIS MN 55408	BONNIE CHEN & HAU Q CHEN	RESIDENTIAL	$354,900	59 ft
2632 DUPONT AVE S MINNEAPOLIS MN 55408	S WILLIAMS & A HOFFMAN	RESIDENTIAL	$445,700	80 ft
2650 DUPONT AVE S MINNEAPOLIS MN 55408	PETER MUELLER	TRIPLEX	$424,300	86 ft
2628 DUPONT AVE S MINNEAPOLIS MN 55408	SARAH N LEWIS/BRIAN J LEWIS	RESIDENTIAL-TWO UNIT	$501,100	120 ft
2647 EMERSON AVE S MINNEAPOLIS MN 55408	2647 EMERSON LLC	APARTMENT	$2,563,000	146 ft
2637 EMERSON AVE S MINNEAPOLIS MN 55408	PROPERTY FIXX LLC	RESIDENTIAL-TWO UNIT	$454,700	146 ft
2633 EMERSON AVE S MINNEAPOLIS MN 55408	MARK E COURNEYA	RESIDENTIAL-TWO UNIT	$443,100	161 ft
2624 DUPONT AVE S MINNEAPOLIS MN 55408	S SCOTT BROWN	RESIDENTIAL-TWO UNIT	$540,000	162 ft

Property History

Most Recent Sale

Date202107

Price$450,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,997