3542 TAYLOR ST N E MINNEAPOLIS MN 55418

PID: 0102924220074

Property Overview

Parcel ID0102924220074

Lot Size6,225 sq ft (0.143 ac)

Lot Dimensions (est.)124 ft wide × 50 ft deep

Year Built1949

Property ClassRESIDENTIAL

OwnerG & P ERICKSON

Assessed Value$312,900

Land Value$115,000

Building Value$197,900

Annual Tax$4,586

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

No permits found in Minneapolis open data for this parcel.

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 width40 ft

Buildable depth84 ft

Area~3,378 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 3,378 sqft buildable area.

Est. units

Yield on cost

2.2%

Spread

-3.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3552 TAYLOR ST N E MINNEAPOLIS MN 55418	NANCY LEONHART QASSEM	RESIDENTIAL	$238,000	45 ft
3538 TAYLOR ST N E MINNEAPOLIS MN 55418	JEREMIAH MORROW	RESIDENTIAL	$376,800	49 ft
3534 TAYLOR ST N E MINNEAPOLIS MN 55418	JENNIFER WISNEW	RESIDENTIAL	$304,600	96 ft
3558 TAYLOR ST N E MINNEAPOLIS MN 55418	ADAM WARD & MARIA GAGNON	RESIDENTIAL	$304,500	97 ft
3549 POLK ST N E MINNEAPOLIS MN 55418	CHELSEY BLANKE/SCOTT LARSON	RESIDENTIAL	$309,000	140 ft
3530 TAYLOR ST N E MINNEAPOLIS MN 55418	N G MOSER & A M ALTHOFF	RESIDENTIAL	$272,200	143 ft
3555 POLK ST N E MINNEAPOLIS MN 55418	NAME UNAVAILABLE	RESIDENTIAL	$278,900	143 ft
3562 TAYLOR ST N E MINNEAPOLIS MN 55418	SOFIA GARDUNO PEREZ	RESIDENTIAL	$271,200	155 ft
3543 POLK ST N E MINNEAPOLIS MN 55418	MADELINE ROSE GRAHAM	RESIDENTIAL	$328,700	157 ft
3561 POLK ST N E MINNEAPOLIS MN 55418	BRADLEY A RUPPRECHT	RESIDENTIAL	$364,500	166 ft

Property History

Current Tax Year

Year2026

Tax Due$4,586