3350 TYLER ST N E MINNEAPOLIS MN 55418

PID: 0102924230087

Property Overview

Parcel ID0102924230087

Lot Size6,930 sq ft (0.159 ac)

Lot Dimensions (est.)117 ft wide × 59 ft deep

Year Built1957

Property ClassRESIDENTIAL

OwnerMAX DIEDERICH

Assessed Value$348,000

Land Value$119,000

Building Value$229,000

Annual Tax$5,174

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

2 permits on record since 2021 · $20K total declared value · Most recent: Aug 2021 (res)

ResAug 2021Closed

J GADTKE PLUMBING INC

MiscJul 2021Closed

$20K

CNC CONSTRUCTION LLC

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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width46 ft

Buildable depth84 ft

Area~3,793 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 small multifamily (2–4 units, wood frame) benchmarks for 3,793 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3344 TYLER ST N E MINNEAPOLIS MN 55418	O RODRIGUEZ/LEUEEN SAVAADRA	RESIDENTIAL	$385,400	59 ft
3358 TYLER ST N E MINNEAPOLIS MN 55418	STEVEN RATH & COLLEEN RATH	RESIDENTIAL	$300,600	62 ft
3338 TYLER ST N E MINNEAPOLIS MN 55418	M J ZIMMERMAN/D VC PETERS	RESIDENTIAL	$338,900	118 ft
3355 CENTRAL AVE N E MINNEAPOLIS MN 55418	M D SPENCER & B J VLASAK	RESIDENTIAL	$295,300	130 ft
3349 CENTRAL AVE N E MINNEAPOLIS MN 55418	DUANE J BRUNEAU ET AL TRUSTE	RESIDENTIAL	$288,900	136 ft
3359 CENTRAL AVE N E MINNEAPOLIS MN 55418	JBO LLC	COMMERCIAL-PREFERRED	$421,000	146 ft
3343 CENTRAL AVE N E MINNEAPOLIS MN 55418	NATHANIEL J KIRKWOOD	RESIDENTIAL	$301,800	164 ft
3334 TYLER ST N E MINNEAPOLIS MN 55418	MICHAEL WIGFIELD	RESIDENTIAL	$313,200	177 ft
3351 TYLER ST N E MINNEAPOLIS MN 55418	NANCY A OLSON	RESIDENTIAL	$255,000	187 ft
3355 TYLER ST N E MINNEAPOLIS MN 55418	MICHAELA HELMS/CASEY COLLINS	RESIDENTIAL	$291,900	190 ft

Property History

Most Recent Sale

Date202101

Price$340,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,174