3306 TYLER ST N E MINNEAPOLIS MN 55418

PID: 0102924230096

Property Overview

Parcel ID0102924230096

Lot Size4,703 sq ft (0.108 ac)

Lot Dimensions (est.)117 ft wide × 40 ft deep

Year Built1916

Property ClassRESIDENTIAL

OwnerMARGARET KOOLMO

Assessed Value$203,400

Land Value$100,000

Building Value$103,400

Annual Tax$2,753

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

1 permit on record since 2020 · Most recent: Feb 2020 (res)

ResFeb 2020Closed

CenterPoint Energy Resource Corp

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 width30 ft

Buildable depth78 ft

Area~2,326 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 2,326 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
3310 TYLER ST N E MINNEAPOLIS MN 55418	MICHELLE WING-GEE KWAN	RESIDENTIAL	$247,500	40 ft
937 33RD AVE N E MINNEAPOLIS MN 55418	MILTON W TINKHAM	TRIPLEX	$383,700	40 ft
3314 TYLER ST N E MINNEAPOLIS MN 55418	GRACE KILGO & MARGARET KILGO	RESIDENTIAL	$236,500	80 ft
3318 TYLER ST N E MINNEAPOLIS MN 55418	B R-IAGUINTO/JONI A IAGUINTO	RESIDENTIAL	$311,500	120 ft
3305 CENTRAL AVE N E MINNEAPOLIS MN 55418	KINDRED PROPERTY LLC	COMMERCIAL-PREFERRED	$357,000	135 ft
3301 CENTRAL AVE N E MINNEAPOLIS MN 55418	KINDRED PROPERTY LLC	RESIDENTIAL-TWO UNIT	$480,000	136 ft
3322 TYLER ST N E MINNEAPOLIS MN 55418	KAREN LEBLANC-BROTZLER	RESIDENTIAL	$252,800	160 ft
942 33RD AVE N E MINNEAPOLIS MN 55418	SHANNA MICHELLE QUINTERO	RESIDENTIAL	$322,100	160 ft
3319 CENTRAL AVE N E MINNEAPOLIS MN 55418	ROBERT E KOHANEK JR	RESIDENTIAL-TWO UNIT	$285,400	175 ft
936 33RD AVE N E MINNEAPOLIS MN 55418	LUHM'S PROPERTIES LLC	COMMERCIAL-PREFERRED	$354,000	175 ft

Property History

Current Tax Year

Year2026

Tax Due$2,753