3415 POLK ST N E MINNEAPOLIS MN 55418

PID: 0102924230039

Property Overview

Parcel ID0102924230039

Lot Size4,994 sq ft (0.115 ac)

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

Year Built1942

Property ClassRESIDENTIAL

OwnerJ W KLAUSLER & T A KOEHLER

Assessed Value$282,000

Land Value$104,000

Building Value$178,000

Annual Tax$4,068

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 width30 ft

Buildable depth85 ft

Area~2,545 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 2,545 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
3411 POLK ST N E MINNEAPOLIS MN 55418	CONSTANCE A UNGRUE	RESIDENTIAL	$278,000	40 ft
3419 POLK ST N E MINNEAPOLIS MN 55418	A M GEHRES & S K DOLANCE	RESIDENTIAL	$261,600	40 ft
3407 POLK ST N E MINNEAPOLIS MN 55418	J P VANSELOW/K M W VANSELOW	RESIDENTIAL	$339,500	80 ft
3423 POLK ST N E MINNEAPOLIS MN 55418	LISA GRISWOLD	RESIDENTIAL	$306,000	80 ft
3401 POLK ST N E MINNEAPOLIS MN 55418	MAYA TATYANA RAIT	RESIDENTIAL	$322,600	120 ft
3427 POLK ST N E MINNEAPOLIS MN 55418	ASHLEY BARTOLETTI	RESIDENTIAL	$320,200	120 ft
3414 TAYLOR ST N E MINNEAPOLIS MN 55418	SARAH KASS & NATHAN BISHOP	RESIDENTIAL	$342,600	138 ft
3410 TAYLOR ST N E MINNEAPOLIS MN 55418	ARIELLE WEIL/JEFFREY KANSLER	RESIDENTIAL	$322,300	144 ft
3418 TAYLOR ST N E MINNEAPOLIS MN 55418	STEFANIE A NETT	RESIDENTIAL	$299,000	146 ft
3404 TAYLOR ST N E MINNEAPOLIS MN 55418	NATHAN FERGUSON	RESIDENTIAL	$321,100	159 ft

Property History

Most Recent Sale

Date200207

Price$149,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,068