2959 TYLER ST N E MINNEAPOLIS MN 55418

PID: 0102924330225

Property Overview

Parcel ID0102924330225

Lot Size4,851 sq ft (0.111 ac)

Lot Dimensions (est.)125 ft wide × 39 ft deep

Year Built1920

Property ClassRESIDENTIAL

OwnerEMILIE HEIMAN

Assessed Value$281,200

Land Value$105,000

Building Value$176,200

Annual Tax$4,055

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

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)10 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width110 ft

Buildable depth0 ft

Area~2,023 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 2,023 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2955 TYLER ST N E MINNEAPOLIS MN 55418	N J MCNABB & F SHOYAMA	RESIDENTIAL	$473,700	39 ft
3001 TYLER ST N E MINNEAPOLIS MN 55418	CITY OF LAKES COMM LAND TRST	—	$217,000	96 ft
2951 TYLER ST N E MINNEAPOLIS MN 55418	JOHN LARKIN	RESIDENTIAL	$315,300	99 ft
3005 TYLER ST N E MINNEAPOLIS MN 55418	R RICHERSON/TYLER SCHAETZEL	RESIDENTIAL-TWO UNIT	$305,000	134 ft
2956 POLK ST N E MINNEAPOLIS MN 55418	KELLY HART	RESIDENTIAL	$469,500	139 ft
2950 POLK ST N E MINNEAPOLIS MN 55418	JON WIPFLI	RESIDENTIAL	$489,200	152 ft
2943 TYLER ST N E MINNEAPOLIS MN 55418	JASON E MILLER	RESIDENTIAL	$249,400	159 ft
3000 POLK ST N E MINNEAPOLIS MN 55418	E T SCHREIBER & J R SWANSON	RESIDENTIAL	$267,800	170 ft
2946 POLK ST N E MINNEAPOLIS MN 55418	CHARLES R TONKS/EMMA PLATTES	RESIDENTIAL	$231,100	182 ft
2958 TYLER ST N E MINNEAPOLIS MN 55418	ROGER W PAGE	RESIDENTIAL	$264,600	186 ft

Property History

Most Recent Sale

Date200904

Price$134,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,055