3431 TYLER ST N E MINNEAPOLIS MN 55418

PID: 0102924230068

Property Overview

Parcel ID0102924230068

Lot Size4,993 sq ft (0.115 ac)

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

Year Built1920

Property ClassRESIDENTIAL

OwnerM MLINAR & A SCHROEDER

Assessed Value$256,700

Land Value$102,000

Building Value$154,700

Annual Tax$3,645

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

4 permits on record since 2018 · $25K total declared value · Most recent: Sep 2023 (misc)

MiscSep 2023Closed

$10K

ROYAL RESTORATION INC

MiscApr 2022Closed

$4K

THE HOME DEPOT

ResFeb 2020Closed

CenterPoint Energy Resource Corp

MiscJun 2018Closed

$11K

THE WINDOW STORE INC

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~2,544 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 2,544 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
3427 TYLER ST N E MINNEAPOLIS MN 55418	K M TAYLOR & B A DOW	RESIDENTIAL	$284,400	40 ft
3435 TYLER ST N E MINNEAPOLIS MN 55418	BENJAMIN E MILSTON	RESIDENTIAL	$296,700	40 ft
3423 TYLER ST N E MINNEAPOLIS MN 55418	THOMAS M BENSON	RESIDENTIAL	$282,200	80 ft
3439 TYLER ST N E MINNEAPOLIS MN 55418	A NORDERHUS & S CARLSON	RESIDENTIAL	$277,400	80 ft
3443 TYLER ST N E MINNEAPOLIS MN 55418	BRIAN NISKALA	RESIDENTIAL	$185,100	120 ft
3430 POLK ST N E MINNEAPOLIS MN 55418	JAY & TALIA SMIGIELSKI	RESIDENTIAL	$322,400	138 ft
3419 TYLER ST N E MINNEAPOLIS MN 55418	M D HALFMANN & C A MILLER	RESIDENTIAL	$284,000	140 ft
3434 POLK ST N E MINNEAPOLIS MN 55418	MARIA C OPITZ	RESIDENTIAL	$292,500	144 ft
3426 POLK ST N E MINNEAPOLIS MN 55418	ELEANOR KONZ/HUGH BERNHAGEN	RESIDENTIAL	$318,800	144 ft
3422 POLK ST N E MINNEAPOLIS MN 55418	MICHAEL SHEDD	RESIDENTIAL	$352,800	159 ft

Property History

Most Recent Sale

Date202310

Price$230,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,645