3307 TYLER ST N E MINNEAPOLIS MN 55418

PID: 0102924230125

Property Overview

Parcel ID0102924230125

Lot Size5,003 sq ft (0.115 ac)

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

Year Built1927

Property ClassRESIDENTIAL

OwnerPETER J BEASY

Assessed Value$243,600

Land Value$103,000

Building Value$140,600

Annual Tax$3,426

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

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~2,551 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 2,551 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
3301 TYLER ST N E MINNEAPOLIS MN 55418	RUSSELL ALAN SCHMIDT	RESIDENTIAL	$235,000	40 ft
3311 TYLER ST N E MINNEAPOLIS MN 55418	RACHELLE EILEEN JOHNSON	RESIDENTIAL	$314,000	40 ft
3315 TYLER ST N E MINNEAPOLIS MN 55418	KEITH L JOHNSON	RESIDENTIAL	$278,400	80 ft
3319 TYLER ST N E MINNEAPOLIS MN 55418	KRISTIN L LYNCH	RESIDENTIAL	$311,800	120 ft
3306 POLK ST N E MINNEAPOLIS MN 55418	H & A HADY JR	RESIDENTIAL	$216,000	139 ft
3259 TYLER ST N E MINNEAPOLIS MN 55418	MNSF T2SPE,LLC	RESIDENTIAL	$265,000	139 ft
3300 POLK ST N E MINNEAPOLIS MN 55418	S COTTRELL & J COTTRELL	RESIDENTIAL	$274,000	144 ft
3310 POLK ST N E MINNEAPOLIS MN 55418	SHARON L HAGEN	RESIDENTIAL	$224,900	145 ft
3323 TYLER ST N E MINNEAPOLIS MN 55418	C METCALFE & A P JACQUES	RESIDENTIAL	$227,000	160 ft
3314 POLK ST N E MINNEAPOLIS MN 55418	MITCHELL PUFF/TRESHY SCHAPER	RESIDENTIAL	$299,300	161 ft

Property History

Most Recent Sale

Date201512

Price$160,400

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,426