3400 POLK ST N E MINNEAPOLIS MN 55418

PID: 0102924230063

Property Overview

Parcel ID0102924230063

Lot Size4,996 sq ft (0.115 ac)

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

Year Built1926

Property ClassRESIDENTIAL

OwnerZOE POESCHL

Assessed Value$279,700

Land Value$104,000

Building Value$175,700

Annual Tax$4,029

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 depth0 ft

Area~2,292 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 2,292 sqft buildable area.

Est. units

Yield on cost

1.6%

Spread

-3.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3406 POLK ST N E MINNEAPOLIS MN 55418	MOLLY PETERSON/MICHAELA NEU	RESIDENTIAL	$310,200	40 ft
3410 POLK ST N E MINNEAPOLIS MN 55418	ALYSSA BAGUSS	RESIDENTIAL	$288,000	80 ft
3358 POLK ST N E MINNEAPOLIS MN 55418	DUSTIN WAHL & CASEY WAHL	RESIDENTIAL	$328,700	100 ft
3414 POLK ST N E MINNEAPOLIS MN 55418	K OLSON JAGT & D M JAGT	RESIDENTIAL	$296,700	120 ft
3354 POLK ST N E MINNEAPOLIS MN 55418	E THOMPSON & D C STEEPLES	RESIDENTIAL	$364,700	140 ft
1001 34TH AVE N E MINNEAPOLIS MN 55418	A JACOBSON/C HERNDON	RESIDENTIAL	$332,000	140 ft
3411 TYLER ST N E MINNEAPOLIS MN 55418	DENNIS R & CARMEN J JOHNSON	RESIDENTIAL	$228,000	159 ft
3418 POLK ST N E MINNEAPOLIS MN 55418	B WARD & G MRAZ	RESIDENTIAL	$306,600	160 ft
3359 TYLER ST N E MINNEAPOLIS MN 55418	ANNETTE SCHIEBOUT	RESIDENTIAL	$296,600	172 ft
3350 POLK ST N E MINNEAPOLIS MN 55418	BRIAN MILLER & KELSEY QUIST	RESIDENTIAL	$304,300	180 ft

Property History

Most Recent Sale

Date201906

Price$231,400

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,029