2934 POLK ST N E MINNEAPOLIS MN 55418

PID: 0102924330134

Property Overview

Parcel ID0102924330134

Lot Size5,012 sq ft (0.115 ac)

Lot Dimensions (est.)125 ft wide × 40 ft deep

Year Built1902

Property ClassRESIDENTIAL-TWO UNIT

OwnerBRETT M NAUS ET AL

Assessed Value$370,800

Land Value$108,000

Building Value$262,800

Annual Tax$5,555

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

No permits found in Minneapolis open data for this parcel.

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 width30 ft

Buildable depth85 ft

Area~2,558 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 2,558 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
2938 POLK ST N E MINNEAPOLIS MN 55418	DAWNA C STRAND	RESIDENTIAL	$361,600	40 ft
2930 POLK ST N E MINNEAPOLIS MN 55418	M THOMPSON & C THOMPSON	RESIDENTIAL	$305,200	40 ft
2942 POLK ST N E MINNEAPOLIS MN 55418	MARTHA ENZLER	RESIDENTIAL	$261,600	80 ft
2926 POLK ST N E MINNEAPOLIS MN 55418	JOHN T VIELE/BONNIE M VIELE	RESIDENTIAL-TWO UNIT	$358,900	80 ft
2946 POLK ST N E MINNEAPOLIS MN 55418	CHARLES R TONKS/EMMA PLATTES	RESIDENTIAL	$231,100	120 ft
2922 POLK ST N E MINNEAPOLIS MN 55418	ALISSA LIGHT	RESIDENTIAL	$374,300	120 ft
2935 TYLER ST N E MINNEAPOLIS MN 55418	COURTNEY ALBRACHT	RESIDENTIAL	$269,900	139 ft
2939 TYLER ST N E MINNEAPOLIS MN 55418	DEBORAH M PAULSON	RESIDENTIAL	$197,800	144 ft
2931 TYLER ST N E MINNEAPOLIS MN 55418	M MENDLEN/D MENDLEN/J LACY	RESIDENTIAL	$605,100	145 ft
2918 POLK ST N E MINNEAPOLIS MN 55418	L S YOUNGSCAP/J P GUNDERSEN	RESIDENTIAL	$293,600	160 ft

Property History

Most Recent Sale

Date200209

Price$192,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,555