3538 POLK ST N E MINNEAPOLIS MN 55418

PID: 0102924220105

Property Overview

Parcel ID0102924220105

Lot Size6,852 sq ft (0.157 ac)

Lot Dimensions (est.)125 ft wide × 55 ft deep

Year Built1955

Property ClassRESIDENTIAL

OwnerGLORIA J SATT

Assessed Value$299,400

Land Value$119,000

Building Value$180,400

Annual Tax$4,360

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

2 permits on record since 2020 · $30K total declared value · Most recent: May 2023 (misc)

MiscMay 2023Closed

$30K

Midwest Roofing Siding and Windows Inc

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 width45 ft

Buildable depth85 ft

Area~3,805 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 3,805 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
3532 POLK ST N E MINNEAPOLIS MN 55418	SONIA NAULA INAMAGUA	RESIDENTIAL	$330,000	55 ft
3542 POLK ST N E MINNEAPOLIS MN 55418	ALEA ELLISON & DANIEL NORD	RESIDENTIAL	$349,200	69 ft
3526 POLK ST N E MINNEAPOLIS MN 55418	BENJAMIN REMBE	RESIDENTIAL	$326,300	110 ft
3535 TYLER ST N E MINNEAPOLIS MN 55418	KELLEN RUNGE & SARAH GILLUND	RESIDENTIAL	$348,500	141 ft
3541 TYLER ST N E MINNEAPOLIS MN 55418	CHARLES N LAGERQUIST	RESIDENTIAL	$306,900	142 ft
3554 POLK ST N E MINNEAPOLIS MN 55418	CECILIA M WACHDORF	RESIDENTIAL	$357,500	151 ft
3522 POLK ST N E MINNEAPOLIS MN 55418	PETER HREHORCZAK	RESIDENTIAL	$233,000	157 ft
3531 TYLER ST N E MINNEAPOLIS MN 55418	L MCCRIMMON & N PLESE	RESIDENTIAL	$324,200	163 ft
3547 TYLER ST N E MINNEAPOLIS MN 55418	MATTHEW E KLEIN	RESIDENTIAL	$353,200	165 ft
3539 POLK ST N E MINNEAPOLIS MN 55418	CHAD WOLLAK & ALYSHA LARSON	RESIDENTIAL	$345,100	190 ft

Property History

Most Recent Sale

Date201105

Price$100

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,360