3009 Emerson Avenue SMinneapolis, MN 55408
$795,000
5 bedrooms · 1 bathrooms · 2,910 finished sq ft · 0.14 acre lot
About this home
CM4 / Corridor 6 development site in South Minneapolis offering ~25,200 SF of by-right residential buildable area on a 5,913 SF lot. Six-story 5-over-1 building concept designed within all confirmed setbacks -- site plan review only, no variances required. Corridor 6 Built Form Overlay supports 4.26 FAR with 2 standard premiums and up to 84 feet height. Below-grade parking does not count toward FAR, enabling basement parking (accessed from rear alley) plus six full residential floors above. Preliminary massing supports 25-26 dwelling units, subject to final design and approvals. CM4 zoning permits four or more residential units by-right. Parking requirements are flexible due to transit corridor designation. Surface parking permitted in setback areas with screening. Existing structure is present and currently occupied but property is being marketed for land value and redevelopment. South side setback variance could unlock additional density to ~28,000 SF / ~28-30 units. Ideal for local and regional developers seeking by-right Corridor 6 density with strong rental fundamentals. Buyer to verify zoning, setbacks, FAR premiums, and development potential.
Home facts
- Home type
- Single-family home
- Style
- Other
- Year built
- 1909
- Bedrooms
- 5
- Bathrooms
- 1
- Finished sq ft
- 2,910
- Lot
- 0.14 acres
- Garage
- 1 stalls
- Heating
- Natural Gas, Radiant
- Property taxes
- $3,486 a year
- Listed
- June 8, 2026
- MLS number
- 7083301
Listing courtesy of Aire LLC (AiRe Brokers). MLS #7083301.
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How it compares
3009 Emerson Avenue S, Minneapolis, MN 55408 is a 5-bedroom single-family home built in 1909 in South Uptown, listed for $795,000 on June 8, 2026 by Aire LLC. That is in the upper quarter of the 672 single-family homes for sale in Minneapolis right now (median $350,000; $273 per square foot here against $207 for the group). That works out to $273 per finished square foot.
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 10:01 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Minneapolis community guideSchools, commutes, parks, home values and local stories.
- South Uptown, MinneapolisThe neighborhood guide: homes, history, parks and market numbers.
- Minneapolis housing market, September 2026Homes sold for a median $353,500 over 12 months (+2.5%), 54 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
- Property taxes
- —
Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing. Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
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