3642 POLK ST N E MINNEAPOLIS MN 55418

PID: 0102924220010

Property Overview

Parcel ID0102924220010

Lot Size5,736 sq ft (0.132 ac)

Lot Dimensions (est.)124 ft wide × 46 ft deep

Year Built1926

Property ClassRESIDENTIAL

OwnerPAUL S LUCE

Assessed Value$190,000

Land Value$89,000

Building Value$101,000

Annual Tax$2,529

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 2020 · Most recent: Feb 2020 (res)

ResFeb 2020Closed

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 rent1,527/mo

Renter-occupied21.2%

Median home value$288K

Vacancy rate3.4%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 6.01

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 width22 ft

Buildable depth139 ft

Area~514 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 514 sqft buildable area.

Est. units

Yield on cost

4.8%

Spread

-0.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3646 POLK ST N E MINNEAPOLIS MN 55418	ANGEL I BEREZUETA MARIN ETAL	RESIDENTIAL	$351,200	54 ft
3654 POLK ST N E MINNEAPOLIS MN 55418	OJASWI AGARWAL	RESIDENTIAL	$373,000	114 ft
3643 TYLER ST N E MINNEAPOLIS MN 55418	KEVIN JOEL ANDERSON	RESIDENTIAL	$306,300	133 ft
3639 TYLER ST N E MINNEAPOLIS MN 55418	J S GUIRACOCHA & R B SANCHEZ	RESIDENTIAL	$337,500	148 ft
3658 POLK ST N E MINNEAPOLIS MN 55418	NICHOLAS S THORP	RESIDENTIAL	$299,100	174 ft
3647 POLK ST N E MINNEAPOLIS MN 55418	J SCHONER & P TILLESON	RESIDENTIAL	$356,900	197 ft
3651 POLK ST N E MINNEAPOLIS MN 55418	JEFFREY EVENMO	RESIDENTIAL	$539,000	214 ft
3665 TYLER ST N E MINNEAPOLIS MN 55418	MN KOREAN BAPTIST CHURCH	COMMERCIAL-PREFERRED	$0	225 ft
3664 POLK ST N E MINNEAPOLIS MN 55418	TERRY A KOENCK	RESIDENTIAL	$275,000	227 ft
3655 POLK ST N E MINNEAPOLIS MN 55418	RODERICK STRONG	RESIDENTIAL	$265,400	233 ft

Property History

Most Recent Sale

Date199905

Price$78,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,529