3451 PIERCE ST N E MINNEAPOLIS MN 55418

PID: 0102924240080

Property Overview

Parcel ID0102924240080

Lot Size4,990 sq ft (0.115 ac)

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

Year Built1953

Property ClassRESIDENTIAL

OwnerH LINDSAY & D LINDSAY

Assessed Value$324,900

Land Value$104,000

Building Value$220,900

Annual Tax$4,787

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2017 · $42K total declared value · Most recent: Aug 2025 (misc)

MiscAug 2025Closed

$13K

Waterproofing NE

MiscMar 2020Closed

$2K

STORM GROUP ROOFING LLC

ResDec 2019Closed

Guptil Contracting Inc

ResJun 2018Expired

BENJAMIN FRANKLIN PLUMBING

ResApr 2018Closed

CENTERPOINT ENERGY

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~2,542 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 2,542 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
3447 PIERCE ST N E MINNEAPOLIS MN 55418	K J TOPINKA & A H KURTH	RESIDENTIAL	$316,500	40 ft
3455 PIERCE ST N E MINNEAPOLIS MN 55418	C K SPANBAUER & C NELSON	RESIDENTIAL	$382,000	40 ft
3443 PIERCE ST N E MINNEAPOLIS MN 55418	WILLIAM G MARSHALL	RESIDENTIAL	$278,500	80 ft
3459 PIERCE ST N E MINNEAPOLIS MN 55418	D T PFEIFER & K C PFEIFER	RESIDENTIAL	$380,900	80 ft
3439 PIERCE ST N E MINNEAPOLIS MN 55418	A H OLSON & T E VANMETER	RESIDENTIAL	$259,200	120 ft
3450 BUCHANAN ST N E MINNEAPOLIS MN 55418	AUGUST MCCOY & JEANNE MCCOY	RESIDENTIAL	$281,000	139 ft
3448 BUCHANAN ST N E MINNEAPOLIS MN 55418	RICHARD TODD FRANKS	RESIDENTIAL	$296,000	144 ft
3458 BUCHANAN ST N E MINNEAPOLIS MN 55418	J HERTZOG & M STYRPEJKO	RESIDENTIAL	$380,700	156 ft
3446 BUCHANAN ST N E MINNEAPOLIS MN 55418	MONTGOMERY W SWANN	RESIDENTIAL	$219,100	159 ft
3435 PIERCE ST N E MINNEAPOLIS MN 55418	C NAVRATIL & N NAVRATIL	RESIDENTIAL	$278,200	160 ft

Property History

Most Recent Sale

Date201910

Price$306,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,787