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$795,000

  • For Sale
  • Active
  • Commercial
  • 2,910 Sq. Ft.
  • 0.14 Acres
See This Home
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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.

Full Property Details for 3009 Emerson Ave S

General

  • Price: $795,000
  • Taxes: $3,486 (2025)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7083301
  • Updated: 6/8/2026
  • Added to Site: 30 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 1

Bedrooms

  • Total Bedrooms: 5

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking Features: Carport, Detached Garage

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: Calhoun Park
  • Neighborhood: 70
  • Driving Directions: From Hennepin Ave S, head east on W 31st St, then north on Emerson Ave S to 3009 Emerson Ave S (between W 30th St and W 31st St). Street parking available.

School Information

  • School District: 1 - Minneapolis
  • High School District: Minneapolis

Heating & Cooling

  • Heating Type: Radiator, Radiant
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected, City Sewer in Street
  • Water: City Water (Connected), City Water (In-Street)
  • Utility Description: Electric Common, Electric Separate

Structural Information

  • Basement: Yes
  • Foundation Size: 905
  • Disability Access: None
  • Square Feet: 2,910
  • Finished Down/Base.: 2,910 Sq. Ft.
  • Current Bldg. Use: Residential
  • Year Built: 1909

Lot Features

  • Lot Size (Acres): 0.14
  • Lot Dimensions: 46 x 128.55
  • Frontage: City Street, Curbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer
  • Potential Use: Other
  • Zoning: Business/Commercial
  • Lot Description: Public Transit (w/in 6 blks), Infill Lot, Underground Utilities

Financial Considerations

  • Tax Amount: $3,486.18
  • Tax Year: 2025
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: LOT 010 BLOCK 008 CALHOUN PARK
  • Inclusions: Building, Land
  • Property ID: 402824120010

Listed by Aire LLC

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— 3009 Emerson Ave S —

  • Aire LLC

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NMLS#: 1598647

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NMLS#: 1598647

Get Pre-Approved

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with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 3009 Emerson Ave S

School District:Minneapolis Public School District
NameGradesDistance
Kenwood Elementary School
2013 Penn Avenue South, Minneapolis, MN 55405
K-51.2 mi
Anwatin Middle Com & Spanish D I
256 Upton Avenue South, Minneapolis, MN 55405
6-82.1 mi
North Academy Senior High
1500 James Avenue North, Minneapolis, MN 55411
9-123.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3009 Emerson Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/08/2026
Listed
$795,000
211.76%
MLS
4/04/2025
Sold
$255,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3009 Emerson Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,486
-50%
$248,000
-47%
2024
$6,926
8%
$471,000
-4%
2023
$6,409
12%
$492,000
13%
2023
$5,742
—
$437,000
9%
2023
$5,742
-10%
$401,000
-9%
2020
$6,367
—
$439,000
3%
2019
$6,363
15%
$426,000
16%
2018
$5,516
3%
$366,605
6%
2017
$5,336
7%
$345,895
11%
2016
$4,975
-1%
$312,105
4%
2015
$5,039
1%
$301,205
8%
2014
$4,998
-3%
$278,315
-3%
2013
$5,164
—
$286,490
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Aire LLC

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3009 Emerson Avenue S, Minneapolis, MN 55408 (MLS# 7083301) is a Commercial property. 3009 Emerson Avenue S is currently listed for $795,000 and was received on June 08, 2026. Want to learn more about 3009 Emerson Avenue S? Do you have questions about finding other Commercial real estate for sale in Calhoun-Isles? You can browse all Calhoun-Isles real estate or contact a Coldwell Banker agent to request more information.

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