2839 POLK ST N E MINNEAPOLIS MN 55418

PID: 1202924220058

Property Overview

Parcel ID1202924220058

Lot Size8,373 sq ft (0.192 ac)

Lot Dimensions (est.)182 ft wide × 46 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerSHAWN ROERING

Assessed Value$392,700

Land Value$139,000

Building Value$253,700

Annual Tax$6,127

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 2017 · $8K total declared value · Most recent: May 2017 (misc)

MiscMay 2017Closed

$8K

Shawn Roering

ResMar 2017Closed

CENTERPOINT ENERGY

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Audubon Park · Minneapolis

Median reported rent1,414/mo

Renter-occupied47.2%

Median home value$288K

Vacancy rate1.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 11

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 width36 ft

Buildable depth142 ft

Area~5,112 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 3-story wood frame (5–12 units) benchmarks for 5,112 sqft buildable area.

Est. units

Yield on cost

4.3%

Spread

-1.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2833 POLK ST N E MINNEAPOLIS MN 55418	SETH ERLING & MONICA ERLING	RESIDENTIAL	$408,900	46 ft
2843 POLK ST N E MINNEAPOLIS MN 55418	RYAN C LARSON	RESIDENTIAL	$346,800	46 ft
2831 POLK ST N E MINNEAPOLIS MN 55418	NATHAN D RAY/KATHERINE M RAY	RESIDENTIAL	$342,900	84 ft
2827 POLK ST N E MINNEAPOLIS MN 55418	L PRIVETTE & B SPERL	RESIDENTIAL-TWO UNIT	$321,100	115 ft
1008 29TH AVE N E MINNEAPOLIS MN 55418	ART INVESTMENT GROUP LLC	VACANT LAND-RESIDENTIAL	$134,000	115 ft
1002 29TH AVE N E MINNEAPOLIS MN 55418	RONALD DANATUS	APARTMENT	$375,000	133 ft
1016 29TH AVE N E MINNEAPOLIS MN 55418	ANA LUISA ECHEVERRIA	RESIDENTIAL	$296,600	136 ft
2825 POLK ST N E MINNEAPOLIS MN 55418	SAMUEL B STEWART	RESIDENTIAL	$328,200	146 ft
2823 POLK ST N E MINNEAPOLIS MN 55418	RICHARD J COLES	RESIDENTIAL-TWO UNIT	$350,500	176 ft
1020 29TH AVE N E MINNEAPOLIS MN 55418	D BERRIOS & H SAGE-BERRIOS	RESIDENTIAL	$230,200	178 ft

Property History

Most Recent Sale

Date201409

Price$152,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,127