3207 PIERCE ST N E MINNEAPOLIS MN 55418

PID: 0102924310061

Property Overview

Parcel ID0102924310061

Lot Size10,009 sq ft (0.230 ac)

Lot Dimensions (est.)125 ft wide × 80 ft deep

Year Built1942

Property ClassRESIDENTIAL

OwnerS LAMOUREUX & T LAMOUREUX

Assessed Value$337,000

Land Value$138,000

Building Value$199,000

Annual Tax$4,989

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2018 · $4K total declared value · Most recent: Oct 2025 (misc)

MiscOct 2025Closed

$4K

SELA ROOFING AND REMODELING INC

ResJan 2020Closed

Warners Stellian Co Inc

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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width112 ft

Buildable depth40 ft

Area~5,700 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 5,700 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3211 PIERCE ST N E MINNEAPOLIS MN 55418	RACHEL M WEGSCHEID	RESIDENTIAL	$277,000	60 ft
3215 PIERCE ST N E MINNEAPOLIS MN 55418	NICHOLAS G CONNIFF	RESIDENTIAL	$394,500	100 ft
3155 PIERCE ST N E MINNEAPOLIS MN 55418	DAVID R MILLER	RESIDENTIAL	$334,000	135 ft
3200 BUCHANAN ST N E MINNEAPOLIS MN 55418	ANGELA CHAPIN & SHAWN CHAPIN	RESIDENTIAL	$339,500	140 ft
3219 PIERCE ST N E MINNEAPOLIS MN 55418	CAROL TRACY & JEFFREY TRACY	RESIDENTIAL	$306,100	140 ft
3206 BUCHANAN ST N E MINNEAPOLIS MN 55418	CHARLES S WETTERGREN ET AL	RESIDENTIAL	$330,700	142 ft
3214 BUCHANAN ST N E MINNEAPOLIS MN 55418	ANDREW P SVENDSEN	RESIDENTIAL	$313,400	166 ft
3158 BUCHANAN ST N E MINNEAPOLIS MN 55418	AMANDA JO MOELLER	RESIDENTIAL	$322,100	179 ft
3223 PIERCE ST N E MINNEAPOLIS MN 55418	DONALD T GENG	RESIDENTIAL	$308,200	180 ft
3151 PIERCE ST N E MINNEAPOLIS MN 55418	CHARLET ALLEN & STEVEN ONTKO	RESIDENTIAL	$275,300	189 ft

Property History

Current Tax Year

Year2026

Tax Due$4,989