3108 POLK ST N E MINNEAPOLIS MN 55418

PID: 0102924320134

Property Overview

Parcel ID0102924320134

Lot Size7,511 sq ft (0.172 ac)

Lot Dimensions (est.)125 ft wide × 60 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerJ B COHEN & B D CAMPBELL

Assessed Value$292,100

Land Value$129,000

Building Value$163,100

Annual Tax$4,380

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 · $2K total declared value · Most recent: Jul 2024 (misc)

MiscJul 2024Closed

$2K

ROYAL RESTORATION INC

ResDec 2021Closed

CHAMPION PLUMBING LLC

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

Audubon 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 width50 ft

Buildable depth85 ft

Area~4,257 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 4,257 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
3112 POLK ST N E MINNEAPOLIS MN 55418	BRADEN LARSON	RESIDENTIAL	$275,000	50 ft
3100 POLK ST N E MINNEAPOLIS MN 55418	T S TYLER & D J MCINTEE	RESIDENTIAL	$276,400	57 ft
3116 POLK ST N E MINNEAPOLIS MN 55418	T A KAERCHER & J D KAERCHER	RESIDENTIAL	$339,900	90 ft
3120 POLK ST N E MINNEAPOLIS MN 55418	MELVIN DEAN OPATRNY	RESIDENTIAL	$244,600	130 ft
3109 TYLER ST N E MINNEAPOLIS MN 55418	FARHIA A MAHANUD	RESIDENTIAL	$323,600	139 ft
3101 TYLER ST N E MINNEAPOLIS MN 55418	MARK HONETSCHLAGER	APARTMENT	$422,000	147 ft
3111 TYLER ST N E MINNEAPOLIS MN 55418	E PIENINIEMI & A FLESHER	RESIDENTIAL	$326,100	147 ft
3117 TYLER ST N E MINNEAPOLIS MN 55418	JUDITH A PICKERING	RESIDENTIAL	$251,500	165 ft
3122 POLK ST N E MINNEAPOLIS MN 55418	ELIZABETH M RICHARDS	RESIDENTIAL	$217,000	170 ft
3056 POLK ST N E MINNEAPOLIS MN 55418	N HESTBECH & K HARNED	RESIDENTIAL	$272,100	181 ft

Property History

Most Recent Sale

Date200308

Price$187,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,380