3206 TYLER ST N E MINNEAPOLIS MN 55418

PID: 0102924320090

Property Overview

Parcel ID0102924320090

Lot Size4,666 sq ft (0.107 ac)

Lot Dimensions (est.)116 ft wide × 40 ft deep

Year Built1912

Property ClassRESIDENTIAL

OwnerW D KYLE & R M KYLE REVOC TR

Assessed Value$233,000

Land Value$100,000

Building Value$133,000

Annual Tax$3,248

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

3 permits on record since 2020 · Most recent: Mar 2024 (existres)

ExistresMar 2024Expired

Standard Heating and Air Conditioning Inc

ResMar 2023Closed

Urban Pine Plumbing and Mechanical Inc

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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth77 ft

Area~2,299 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 small multifamily (2–4 units, wood frame) benchmarks for 2,299 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3210 TYLER ST N E MINNEAPOLIS MN 55418	MARK EUGENE LAYEUX	RESIDENTIAL	$275,300	40 ft
3200 TYLER ST N E MINNEAPOLIS MN 55418	MICHAEL K THOMAS	RESIDENTIAL	$209,000	40 ft
3214 TYLER ST N E MINNEAPOLIS MN 55418	GOLDEN GOPHER PROPERTIES LLC	RESIDENTIAL	$275,100	80 ft
3218 TYLER ST N E MINNEAPOLIS MN 55418	KATHY L LOUDEN	RESIDENTIAL	$263,000	120 ft
3207 CENTRAL AVE N E MINNEAPOLIS MN 55418	MN CONF ASSC OF 7TH DAY ADVN	COMMERCIAL-PREFERRED	$0	132 ft
3222 TYLER ST N E MINNEAPOLIS MN 55418	A KOLO & L KOOSMANN	RESIDENTIAL	$381,700	160 ft
3219 CENTRAL AVE N E MINNEAPOLIS MN 55418	RICHARD E RAY & ETHAN R RAY	RESIDENTIAL	$264,300	176 ft
3207 TYLER ST N E MINNEAPOLIS MN 55418	JASON BEZDICHEK	RESIDENTIAL	$281,000	186 ft
3201 TYLER ST N E MINNEAPOLIS MN 55418	CHRIS J SCHLOUGH	RESIDENTIAL	$174,500	190 ft
3211 TYLER ST N E MINNEAPOLIS MN 55418	TARA DREY & WESLEY DREY	RESIDENTIAL	$341,100	191 ft

Property History

Most Recent Sale

Date200305

Price$500

TypeQUIT CLAIM DEED

Current Tax Year

Year2026

Tax Due$3,248