3255 GARFIELD ST N E MINNEAPOLIS MN 55418

PID: 0102924420024

Property Overview

Parcel ID0102924420024

Lot Size5,028 sq ft (0.115 ac)

Lot Dimensions (est.)126 ft wide × 40 ft deep

Year Built1947

Property ClassRESIDENTIAL

OwnerBAILEY POSTER/SHANE SOLINGER

Assessed Value$337,600

Land Value$119,000

Building Value$218,600

Annual Tax$5,226

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2020 · $23K total declared value · Most recent: Jul 2023 (misc)

MiscJul 2023Closed

$19K

RENEWAL BY ANDERSEN CORP

ExistresJul 2021Closed

Hero Home Services LLC

ResJan 2021Closed

Urban Pine Plumbing and Mechanical Inc

MiscDec 2020Closed

$4K

THE WINDOW STORE INC

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

Waite Park · Minneapolis

Median reported rent1,569/mo

Renter-occupied8.5%

Median home value$294K

Vacancy rate1.5%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 6.03

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 depth86 ft

Area~2,571 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 2,571 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
3251 GARFIELD ST N E MINNEAPOLIS MN 55418	A J HOOTEN & J M HOOTEN	RESIDENTIAL	$368,200	40 ft
3259 GARFIELD ST N E MINNEAPOLIS MN 55418	DEMETRIOS D NICKLOW	RESIDENTIAL	$339,100	40 ft
3247 GARFIELD ST N E MINNEAPOLIS MN 55418	JACOB C MASON/SHELBY K CROSS	RESIDENTIAL	$411,100	80 ft
3243 GARFIELD ST N E MINNEAPOLIS MN 55418	CHUL DOUGLAS SMITH	RESIDENTIAL	$460,600	120 ft
3254 ARTHUR ST N E MINNEAPOLIS MN 55418	TIA M KARELSON	RESIDENTIAL	$344,700	139 ft
3258 ARTHUR ST N E MINNEAPOLIS MN 55418	SARAH L SULLIVAN	RESIDENTIAL	$323,900	145 ft
3250 ARTHUR ST N E MINNEAPOLIS MN 55418	MARGARET M MAISANO	RESIDENTIAL	$320,400	145 ft
3305 GARFIELD ST N E MINNEAPOLIS MN 55418	MATTHEW STREED/TARYN STREED	RESIDENTIAL	$503,300	160 ft
3239 GARFIELD ST N E MINNEAPOLIS MN 55418	M SIEGEL & T C HARKE	RESIDENTIAL	$399,900	160 ft
3246 ARTHUR ST N E MINNEAPOLIS MN 55418	DEAN A BARTZ ETAL	RESIDENTIAL	$354,800	165 ft

Property History

Most Recent Sale

Date202105

Price$375,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,226