2742 POLK ST N E MINNEAPOLIS MN 55418

PID: 1202924220091

Property Overview

Parcel ID1202924220091

Lot Size8,143 sq ft (0.187 ac)

Lot Dimensions (est.)177 ft wide × 46 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerBENJAMIN DENSON

Assessed Value$282,000

Land Value$129,000

Building Value$153,000

Annual Tax$4,182

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

4 permits on record since 2021 · $25K total declared value · Most recent: Mar 2025 (res)

ResMar 2025Inspection

Dean's Professional Plumbing Inc

ResMar 2022Closed

CenterPoint Energy Resource Corp

ExistresJan 2022Closed

Standard Heating and Air Conditioning Inc

AccessoryOct 2021Closed

$25K

STAFFORD CONSTRUCTION LLC

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 depth137 ft

Area~4,933 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 4,933 sqft buildable area.

Est. units

Yield on cost

4.2%

Spread

-1.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2746 POLK ST N E MINNEAPOLIS MN 55418	SAMUEL BRENING	RESIDENTIAL	$260,500	46 ft
2738 POLK ST N E MINNEAPOLIS MN 55418	NICOLE M HETTWER	RESIDENTIAL	$324,300	46 ft
2734 POLK ST N E MINNEAPOLIS MN 55418	E L VANSICLEN & S J COOK	RESIDENTIAL-TWO UNIT	$379,300	92 ft
2750 POLK ST N E MINNEAPOLIS MN 55418	T & B KAMINSKI	RESIDENTIAL-TWO UNIT	$346,400	97 ft
946 28TH AVE N E MINNEAPOLIS MN 55418	KARLA SCHULTZ	RESIDENTIAL	$179,600	109 ft
2730 POLK ST N E MINNEAPOLIS MN 55418	NUBE GUILLEN ENCALADA	RESIDENTIAL	$283,000	138 ft
2726 POLK ST N E MINNEAPOLIS MN 55418	ANDREW PAYNE & HOLLY PAYNE	RESIDENTIAL	$477,200	184 ft
2733 CENTRAL AVE N E MINNEAPOLIS MN 55418	THE SALVATION ARMY	COMMERCIAL-PREFERRED	$0	204 ft
955 28TH AVE N E MINNEAPOLIS MN 55418	MARNI GINTHER	RESIDENTIAL	$292,900	222 ft
959 28TH AVE N E MINNEAPOLIS MN 55418	LYDIA B MILLARD	RESIDENTIAL-TWO UNIT	$363,200	229 ft

Property History

Most Recent Sale

Date201505

Price$142,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,182