3540 MCKINLEY ST N E MINNEAPOLIS MN 55418

PID: 0102924110065

Property Overview

Parcel ID0102924110065

Lot Size8,718 sq ft (0.200 ac)

Lot Dimensions (est.)132 ft wide × 66 ft deep

Year Built1948

Property ClassRESIDENTIAL

OwnerD FLAGG & N COURNOYER

Assessed Value$341,000

Land Value$144,000

Building Value$197,000

Annual Tax$5,279

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2017 · $17K total declared value · Most recent: Aug 2022 (misc)

MiscAug 2022Closed

$9K

Viking Contractors LLC

MiscJul 2022Closed

$9K

Viking Contractors LLC

ExistresNov 2019Closed

Standard Heating and Air Conditioning Inc

ResDec 2017Closed

CENTERPOINT ENERGY

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Waite Park · Minneapolis

Median reported rent1,569/mo

Renter-occupied8.5%

Median home value$294K

Vacancy rate1.5%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 6.03

Market Snapshot

Zip code 55418

Median sale price$345K-3.1% YoY

Median price / sqft$222/sqft

Median days to close36 days

Active listings42

Source: Redfin Data Center (Invalid Date) · Zip 55418

Zoning

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width56 ft

Buildable depth92 ft

Area~5,155 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 sfr / adu benchmarks for 5,155 sqft buildable area.

Est. units

Yield on cost

3.0%

Spread

-2.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3546 MCKINLEY ST N E MINNEAPOLIS MN 55418	WILLIAM J MELLON ETAL	RESIDENTIAL	$425,800	66 ft
3534 MCKINLEY ST N E MINNEAPOLIS MN 55418	T M MCCOLLOW & M J MCCOLLOW	RESIDENTIAL	$328,300	66 ft
3541 BENJAMIN ST N E MINNEAPOLIS MN 55418	WILLIAM BRUCE KUTNEY JR	RESIDENTIAL	$293,000	131 ft
3552 MCKINLEY ST N E MINNEAPOLIS MN 55418	L MFALINGUNDI/I MFALINGUNDI	RESIDENTIAL	$312,600	132 ft
3528 MCKINLEY ST N E MINNEAPOLIS MN 55418	CARLA J KAHLE	RESIDENTIAL	$284,400	132 ft
3545 BENJAMIN ST N E MINNEAPOLIS MN 55418	ROBERT J & KATHRYN M GROGAN	RESIDENTIAL	$482,700	147 ft
3533 BENJAMIN ST N E MINNEAPOLIS MN 55418	A D MATTILA & D S MATTILA	RESIDENTIAL	$312,800	147 ft
3551 BENJAMIN ST N E MINNEAPOLIS MN 55418	MICHAEL C SEBERG	RESIDENTIAL	$334,900	186 ft
3527 BENJAMIN ST N E MINNEAPOLIS MN 55418	J J KUCERA & A L KUCERA	RESIDENTIAL	$359,900	187 ft
3541 MCKINLEY ST N E MINNEAPOLIS MN 55418	D N VOIGHT & T GERRICK	RESIDENTIAL	$355,800	198 ft

Property History

Most Recent Sale

Date202401

Price$118,635

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$5,279