3206 LINCOLN ST N E MINNEAPOLIS MN 55418

PID: 0102924310035

Property Overview

Parcel ID0102924310035

Lot Size6,878 sq ft (0.158 ac)

Lot Dimensions (est.)125 ft wide × 55 ft deep

Year Built1941

Property ClassRESIDENTIAL

OwnerFRANKLIN K LI

Assessed Value$429,600

Land Value$118,000

Building Value$311,600

Annual Tax$6,540

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2004 · $217K total declared value · Most recent: May 2024 (misc)

MiscMay 2024Closed

$8K

DISCOUNT WINDOWS AND WARES INC

MiscMay 2024Cancelled

$8K

One Nation Exteriors LLC

MiscApr 2024Closed

$12K

One Nation Exteriors LLC

MiscFeb 2024Closed

$9K

One Nation Exteriors LLC

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 width45 ft

Buildable depth85 ft

Area~3,827 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 3,827 sqft buildable area.

Est. units

Yield on cost

3.0%

Spread

-2.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3212 LINCOLN ST N E MINNEAPOLIS MN 55418	S W MILLER & M R M MILLER	RESIDENTIAL	$376,500	53 ft
3200 LINCOLN ST N E MINNEAPOLIS MN 55418	NICOLE OIE & ADAM K OIE	RESIDENTIAL	$390,300	55 ft
3218 LINCOLN ST N E MINNEAPOLIS MN 55418	TATIANA ALLEN/JEFFREY ALLEN	RESIDENTIAL	$335,500	97 ft
3222 LINCOLN ST N E MINNEAPOLIS MN 55418	ANDREW SOLZ	RESIDENTIAL	$339,100	137 ft
3211 BUCHANAN ST N E MINNEAPOLIS MN 55418	L HUSNIK & B CHRISTOPHER	RESIDENTIAL	$389,400	140 ft
3207 BUCHANAN ST N E MINNEAPOLIS MN 55418	THOMAS R LOFTUS	RESIDENTIAL	$357,800	141 ft
3215 BUCHANAN ST N E MINNEAPOLIS MN 55418	CRYSTAL M SROGA	RESIDENTIAL	$324,900	150 ft
1401 32ND AVE N E MINNEAPOLIS MN 55418	CLIFTON R REINWAND	RESIDENTIAL	$309,500	153 ft
3219 BUCHANAN ST N E MINNEAPOLIS MN 55418	MARY A VAN HALE & IAN WAGNER	RESIDENTIAL	$294,200	172 ft
3154 LINCOLN ST N E MINNEAPOLIS MN 55418	S ANDERSON & B ANDERSON	RESIDENTIAL	$428,000	177 ft

Property History

Most Recent Sale

Date201306

Price$339,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,540