3422 ULYSSES ST N E MINNEAPOLIS MN 55418

PID: 0102924130010

Property Overview

Parcel ID0102924130010

Lot Size4,986 sq ft (0.114 ac)

Lot Dimensions (est.)124 ft wide × 40 ft deep

Year Built1954

Property ClassRESIDENTIAL

OwnerADELE N GROTE

Assessed Value$303,200

Land Value$114,000

Building Value$189,200

Annual Tax$6,031

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2019 · $33K total declared value · Most recent: Oct 2021 (misc)

MiscOct 2021Cancelled

$26K

RENEWAL BY ANDERSEN CORP

MiscDec 2020Closed

$7K

Ameripro Roofing of Minnesota

ResJan 2019Closed

CenterPoint Energy Resource Corp

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

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 width30 ft

Buildable depth85 ft

Area~2,539 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 2,539 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3426 ULYSSES ST N E MINNEAPOLIS MN 55418	ERICA BELKHOLM/KENNETH BLAKE	RESIDENTIAL	$285,400	40 ft
3418 ULYSSES ST N E MINNEAPOLIS MN 55418	LINDA G KEISER	RESIDENTIAL	$265,300	40 ft
3430 ULYSSES ST N E MINNEAPOLIS MN 55418	AARON JAY NYTROE	RESIDENTIAL	$300,900	80 ft
3414 ULYSSES ST N E MINNEAPOLIS MN 55418	S THOMPSON & K THOMPSON	RESIDENTIAL	$313,000	80 ft
3410 ULYSSES ST N E MINNEAPOLIS MN 55418	KAY ELLEN ADAMSKI	RESIDENTIAL	$316,000	120 ft
3438 ULYSSES ST N E MINNEAPOLIS MN 55418	S M MACEK & R G GONSIOROSKI	RESIDENTIAL	$375,500	140 ft
3423 JOHNSON ST N E MINNEAPOLIS MN 55418	HERMAN CAPITAL PTRS VI LLC	RESIDENTIAL	$184,500	140 ft
3419 JOHNSON ST N E MINNEAPOLIS MN 55418	TARA ZAHLER & ANTHONY LAW	RESIDENTIAL	$255,900	146 ft
3427 JOHNSON ST N E MINNEAPOLIS MN 55418	KARA GAY JENSEN-WITHERSPOON	RESIDENTIAL	$319,000	146 ft
3406 ULYSSES ST N E MINNEAPOLIS MN 55418	TIMOTHY P SMITH	RESIDENTIAL	$348,500	160 ft

Property History

Most Recent Sale

Date202106

Price$316,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,031