2747 EMERSON AVE S MINNEAPOLIS MN 55408

PID: 3302924420088

Property Overview

Parcel ID3302924420088

Lot Size7,731 sq ft (0.177 ac)

Lot Dimensions (est.)129 ft wide × 60 ft deep

Year Built1900

Property ClassRESIDENTIAL-TWO UNIT

OwnerGERB 2747 EMERSON LLC

Assessed Value$691,600

Land Value$152,000

Building Value$539,600

Annual Tax$13,173

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 2023 · $26K total declared value · Most recent: Oct 2023 (misc)

MiscOct 2023Expired

$26K

New Design 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 width50 ft

Buildable depth89 ft

Area~4,438 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 4,438 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2743 EMERSON AVE S MINNEAPOLIS MN 55408	MARK BENZEL & AMANDA JOHNSON	RESIDENTIAL	$367,000	50 ft
2755 EMERSON AVE S MINNEAPOLIS MN 55408	ASHLEY D ACKERSON	RESIDENTIAL	$536,400	60 ft
2739 EMERSON AVE S MINNEAPOLIS MN 55408	THOMAS R DULIAN	RESIDENTIAL	$353,000	90 ft
1108 28TH ST W MINNEAPOLIS MN 55408	AMIT & VAISHNAVI PARNERKAR	RESIDENTIAL-TWO UNIT	$321,500	109 ft
2735 EMERSON AVE S MINNEAPOLIS MN 55408	MARK T FRANK REVOCABLE TRUST	RESIDENTIAL-TWO UNIT	$583,900	130 ft
2748 DUPONT AVE S MINNEAPOLIS MN 55408	MICHAEL D MEEK	RESIDENTIAL-TWO UNIT	$588,700	141 ft
2742 DUPONT AVE S MINNEAPOLIS MN 55408	S ARNOLD & J D REPKE II	RESIDENTIAL	$475,700	149 ft
1200 28TH ST W MINNEAPOLIS MN 55408	JON M BARTELT	RESIDENTIAL-TWO UNIT	$412,200	154 ft
2750 DUPONT AVE S MINNEAPOLIS MN 55408	JOHN L BODE ETAL	RESIDENTIAL	$255,000	160 ft
2731 EMERSON AVE S MINNEAPOLIS MN 55408	ADAM M DEWITT	RESIDENTIAL	$385,000	170 ft

Property History

Current Tax Year

Year2026

Tax Due$13,173