2644 DUPONT AVE S MINNEAPOLIS MN 55408

PID: 3302924420031

Property Overview

Parcel ID3302924420031

Lot Size3,350 sq ft (0.077 ac)

Lot Dimensions (est.)128 ft wide × 26 ft deep

Year Built1900

Property ClassRESIDENTIAL-TWO UNIT

OwnerOYEJIDE ADEYEMI FAJOBI

Assessed Value$337,700

Land Value$101,000

Building Value$236,700

Annual Tax$6,388

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

1 permit on record since 2024 · $21K total declared value · Most recent: Jul 2024 (misc)

MiscJul 2024Closed

$21K

KAUFMAN SHEET METAL ROOFING 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 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 width16 ft

Buildable depth89 ft

Area~1,422 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 1,422 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2648 DUPONT AVE S MINNEAPOLIS MN 55408	BONNIE CHEN & HAU Q CHEN	RESIDENTIAL	$354,900	26 ft
2640 DUPONT AVE S MINNEAPOLIS MN 55408	LOGAN SMITH	RESIDENTIAL	$453,700	33 ft
2650 DUPONT AVE S MINNEAPOLIS MN 55408	PETER MUELLER	TRIPLEX	$424,300	53 ft
2636 DUPONT AVE S MINNEAPOLIS MN 55408	A PARNERKAR & V PARNERKAR	RESIDENTIAL-TWO UNIT	$431,500	73 ft
2632 DUPONT AVE S MINNEAPOLIS MN 55408	S WILLIAMS & A HOFFMAN	RESIDENTIAL	$445,700	113 ft
2647 EMERSON AVE S MINNEAPOLIS MN 55408	2647 EMERSON LLC	APARTMENT	$2,563,000	140 ft
2700 DUPONT AVE S MINNEAPOLIS MN 55408	H OBEID & A OBEID	RESIDENTIAL-TWO UNIT	$552,600	147 ft
2628 DUPONT AVE S MINNEAPOLIS MN 55408	SARAH N LEWIS/BRIAN J LEWIS	RESIDENTIAL-TWO UNIT	$501,100	154 ft
2637 EMERSON AVE S MINNEAPOLIS MN 55408	PROPERTY FIXX LLC	RESIDENTIAL-TWO UNIT	$454,700	158 ft
2633 EMERSON AVE S MINNEAPOLIS MN 55408	MARK E COURNEYA	RESIDENTIAL-TWO UNIT	$443,100	180 ft

Property History

Most Recent Sale

Date202202

Price$372,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,388