3518 POLK ST N E MINNEAPOLIS MN 55418

PID: 0102924220109

Property Overview

Parcel ID0102924220109

Lot Size4,985 sq ft (0.114 ac)

Lot Dimensions (est.)125 ft wide × 40 ft deep

Year Built1926

Property ClassRESIDENTIAL

OwnerJ M CONGER & A CONGER

Assessed Value$141,700

Land Value$104,000

Building Value$37,700

Annual Tax$2,194

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 2017 · Most recent: Aug 2017 (res)

ResAug 2017Closed

Genz-Ryan Plumbing and Heating Co

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 width30 ft

Buildable depth85 ft

Area~2,538 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 2,538 sqft buildable area.

Est. units

Yield on cost

2.9%

Spread

-2.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3522 POLK ST N E MINNEAPOLIS MN 55418	PETER HREHORCZAK	RESIDENTIAL	$233,000	40 ft
3514 POLK ST N E MINNEAPOLIS MN 55418	ANNA BERTRANG	RESIDENTIAL	$255,000	40 ft
3508 POLK ST N E MINNEAPOLIS MN 55418	AMANDA CHRISTIANSEN	RESIDENTIAL	$277,300	85 ft
3526 POLK ST N E MINNEAPOLIS MN 55418	BENJAMIN REMBE	RESIDENTIAL	$326,300	88 ft
3519 TYLER ST N E MINNEAPOLIS MN 55418	KELLY TOWNSLEY CARLSON	RESIDENTIAL	$316,300	139 ft
3532 POLK ST N E MINNEAPOLIS MN 55418	SONIA NAULA INAMAGUA	RESIDENTIAL	$330,000	143 ft
3500 POLK ST N E MINNEAPOLIS MN 55418	WILLIAM CHRISTIANSEN	RESIDENTIAL	$436,300	145 ft
3525 TYLER ST N E MINNEAPOLIS MN 55418	STEVEN STINSON	RESIDENTIAL	$354,800	148 ft
3513 TYLER ST N E MINNEAPOLIS MN 55418	ALLISON L NEEDHAM TRUST	RESIDENTIAL	$349,500	152 ft
3531 TYLER ST N E MINNEAPOLIS MN 55418	L MCCRIMMON & N PLESE	RESIDENTIAL	$324,200	177 ft

Property History

Most Recent Sale

Date202508

Price$210,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,194