3347 POLK ST N E MINNEAPOLIS MN 55418

PID: 0102924230163

Property Overview

Parcel ID0102924230163

Lot Size4,998 sq ft (0.115 ac)

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

Year Built1925

Property ClassRESIDENTIAL

OwnerGARY JONES ET AL SUBJ/L E

Assessed Value$261,300

Land Value$104,000

Building Value$157,300

Annual Tax$3,722

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth85 ft

Area~2,548 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 2,548 sqft buildable area.

Est. units

Yield on cost

2.9%

Spread

-2.6%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3343 POLK ST N E MINNEAPOLIS MN 55418	S M PRICE/G A HUSSEY ETAL	RESIDENTIAL	$329,000	40 ft
3351 POLK ST N E MINNEAPOLIS MN 55418	DAX WARREN FLYGER	RESIDENTIAL	$296,000	40 ft
3339 POLK ST N E MINNEAPOLIS MN 55418	BENJAMIN SMITH	RESIDENTIAL	$260,300	80 ft
3353 POLK ST N E MINNEAPOLIS MN 55418	MARK C & MERIDITH MCGINTY	RESIDENTIAL	$319,000	80 ft
3335 POLK ST N E MINNEAPOLIS MN 55418	PHILIP CHAN	RESIDENTIAL	$322,400	120 ft
3357 POLK ST N E MINNEAPOLIS MN 55418	T L FRANKIE & C A KEMPCKE	RESIDENTIAL	$308,800	120 ft
3348 TAYLOR ST N E MINNEAPOLIS MN 55418	ROBERT J PEPIN	RESIDENTIAL	$294,800	139 ft
3342 TAYLOR ST N E MINNEAPOLIS MN 55418	D C SCHMIDT & S M SCHMIDT	RESIDENTIAL	$332,600	143 ft
3354 TAYLOR ST N E MINNEAPOLIS MN 55418	DONNETTE YEHLE	RESIDENTIAL-TWO UNIT	$437,100	156 ft
3338 TAYLOR ST N E MINNEAPOLIS MN 55418	BETH K GOTTING	RESIDENTIAL	$335,100	159 ft

Property History

Current Tax Year

Year2026

Tax Due$3,722