2939 TYLER ST N E MINNEAPOLIS MN 55418

PID: 0102924330149

Property Overview

Parcel ID0102924330149

Lot Size5,012 sq ft (0.115 ac)

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

Year Built1921

Property ClassRESIDENTIAL

OwnerDEBORAH M PAULSON

Assessed Value$197,800

Land Value$106,000

Building Value$91,800

Annual Tax$2,659

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

1 permit on record since 2022 · Most recent: Mar 2022 (res)

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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 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 small multifamily (2–4 units, wood frame) benchmarks for 2,558 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2935 TYLER ST N E MINNEAPOLIS MN 55418	COURTNEY ALBRACHT	RESIDENTIAL	$269,900	40 ft
2943 TYLER ST N E MINNEAPOLIS MN 55418	JASON E MILLER	RESIDENTIAL	$249,400	40 ft
2931 TYLER ST N E MINNEAPOLIS MN 55418	M MENDLEN/D MENDLEN/J LACY	RESIDENTIAL	$605,100	79 ft
2951 TYLER ST N E MINNEAPOLIS MN 55418	JOHN LARKIN	RESIDENTIAL	$315,300	100 ft
2927 TYLER ST N E MINNEAPOLIS MN 55418	LAURA J YACKEL	RESIDENTIAL	$298,100	119 ft
2938 POLK ST N E MINNEAPOLIS MN 55418	DAWNA C STRAND	RESIDENTIAL	$361,600	139 ft
2934 POLK ST N E MINNEAPOLIS MN 55418	BRETT M NAUS ET AL	RESIDENTIAL-TWO UNIT	$370,800	144 ft
2942 POLK ST N E MINNEAPOLIS MN 55418	MARTHA ENZLER	RESIDENTIAL	$261,600	145 ft
2930 POLK ST N E MINNEAPOLIS MN 55418	M THOMPSON & C THOMPSON	RESIDENTIAL	$305,200	160 ft
2921 TYLER ST N E MINNEAPOLIS MN 55418	COMMUNITY HOUSING RESOURCES	RESIDENTIAL-TWO UNIT	$0	160 ft

Property History

Most Recent Sale

Date199209

Price$50,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$2,659