2950 POLK ST N E MINNEAPOLIS MN 55418

PID: 0102924330130

Property Overview

Parcel ID0102924330130

Lot Size9,393 sq ft (0.216 ac)

Lot Dimensions (est.)125 ft wide × 75 ft deep

Year Built1903

Property ClassRESIDENTIAL

OwnerJON WIPFLI

Assessed Value$489,200

Land Value$142,000

Building Value$347,200

Annual Tax$7,538

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

2 permits on record since 2022 · Most recent: Jun 2023 (existres)

ExistresJun 2023Closed

Standard Heating and Air Conditioning Inc

ResMar 2022Closed

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 width65 ft

Buildable depth85 ft

Area~5,538 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 5,538 sqft buildable area.

Est. units

Yield on cost

2.8%

Spread

-2.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2946 POLK ST N E MINNEAPOLIS MN 55418	CHARLES R TONKS/EMMA PLATTES	RESIDENTIAL	$231,100	58 ft
2956 POLK ST N E MINNEAPOLIS MN 55418	KELLY HART	RESIDENTIAL	$469,500	59 ft
2942 POLK ST N E MINNEAPOLIS MN 55418	MARTHA ENZLER	RESIDENTIAL	$261,600	98 ft
2938 POLK ST N E MINNEAPOLIS MN 55418	DAWNA C STRAND	RESIDENTIAL	$361,600	138 ft
2955 TYLER ST N E MINNEAPOLIS MN 55418	N J MCNABB & F SHOYAMA	RESIDENTIAL	$473,700	141 ft
2951 TYLER ST N E MINNEAPOLIS MN 55418	JOHN LARKIN	RESIDENTIAL	$315,300	144 ft
2959 TYLER ST N E MINNEAPOLIS MN 55418	EMILIE HEIMAN	RESIDENTIAL	$281,200	152 ft
3000 POLK ST N E MINNEAPOLIS MN 55418	E T SCHREIBER & J R SWANSON	RESIDENTIAL	$267,800	158 ft
2943 TYLER ST N E MINNEAPOLIS MN 55418	JASON E MILLER	RESIDENTIAL	$249,400	171 ft
2934 POLK ST N E MINNEAPOLIS MN 55418	BRETT M NAUS ET AL	RESIDENTIAL-TWO UNIT	$370,800	178 ft

Property History

Most Recent Sale

Date201612

Price$380,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,538