3405 TAYLOR ST N E MINNEAPOLIS MN 55418

PID: 0102924230011

Property Overview

Parcel ID0102924230011

Lot Size9,991 sq ft (0.229 ac)

Lot Dimensions (est.)125 ft wide × 80 ft deep

Year Built1948

Property ClassRESIDENTIAL

OwnerDARYK NARUM/KAROL ENGSTROM

Assessed Value$384,900

Land Value$138,000

Building Value$246,900

Annual Tax$5,791

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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width112 ft

Buildable depth40 ft

Area~5,684 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 5,684 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3411 TAYLOR ST N E MINNEAPOLIS MN 55418	A HENDRICKSON/J HENDRICKSON	RESIDENTIAL	$317,100	60 ft
3415 TAYLOR ST N E MINNEAPOLIS MN 55418	J W BAICHTAL & T GRUDT	RESIDENTIAL	$244,900	100 ft
3400 FILLMORE ST N E MINNEAPOLIS MN 55418	JOHN E HAYDEN & J HAYDEN	RESIDENTIAL	$353,200	139 ft
3419 TAYLOR ST N E MINNEAPOLIS MN 55418	CRYSTAL J LANGERUD	RESIDENTIAL	$251,300	140 ft
3357 TAYLOR ST N E MINNEAPOLIS MN 55418	P T HANSEN & L M ERDMANN	RESIDENTIAL	$423,100	140 ft
3410 FILLMORE ST N E MINNEAPOLIS MN 55418	GUY NESKE & APRIL NESKE	RESIDENTIAL	$426,500	152 ft
3423 TAYLOR ST N E MINNEAPOLIS MN 55418	TODD JOSEPH TONER	RESIDENTIAL-TWO UNIT	$372,800	180 ft
3418 FILLMORE ST N E MINNEAPOLIS MN 55418	JUSTIN WALTENBERG	RESIDENTIAL	$330,500	191 ft
3404 TAYLOR ST N E MINNEAPOLIS MN 55418	NATHAN FERGUSON	RESIDENTIAL	$321,100	191 ft
3400 TAYLOR ST N E MINNEAPOLIS MN 55418	LAURA E B THYBERG ET AL	RESIDENTIAL	$358,800	191 ft

Property History

Most Recent Sale

Date201608

Price$220,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$5,791