2715 POLK ST N E MINNEAPOLIS MN 55418

PID: 1202924220136

Property Overview

Parcel ID1202924220136

Lot Size8,373 sq ft (0.192 ac)

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

Year Built1994

Property ClassRESIDENTIAL

OwnerPFIRLANI E CALDERON ET AL

Assessed Value$427,800

Land Value$139,000

Building Value$288,800

Annual Tax$7,113

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 2020 · $1K total declared value · Most recent: Oct 2020 (misc)

MiscOct 2020Closed

$1K

WINDOW WORLD

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
2709 POLK ST N E MINNEAPOLIS MN 55418	HARRY BAHR RENTAL PROPS LLC	TRIPLEX	$461,800	46 ft
2719 POLK ST N E MINNEAPOLIS MN 55418	L J HOFLAND & E K BADEN	RESIDENTIAL	$349,500	46 ft
2723 POLK ST N E MINNEAPOLIS MN 55418	E A ROBINSON & J M DAMON	RESIDENTIAL	$659,100	92 ft
1007 27TH AVE N E MINNEAPOLIS MN 55418	E L RAINWATER/G O B LEINBACH	RESIDENTIAL	$297,200	117 ft
1001 27TH AVE N E MINNEAPOLIS MN 55418	A CORTES & M A JIMENEZ	RESIDENTIAL-TWO UNIT	$461,100	124 ft
1017 27TH AVE N E MINNEAPOLIS MN 55418	E RAINWATER & G LEINBACH	RESIDENTIAL-TWO UNIT	$299,100	133 ft
2727 POLK ST N E MINNEAPOLIS MN 55418	J MUNSTERTEIGER ET AL	RESIDENTIAL-TWO UNIT	$455,600	138 ft
1021 27TH AVE N E MINNEAPOLIS MN 55418	DOUGLAS A BURMAN	RESIDENTIAL	$286,000	175 ft
2731 POLK ST N E MINNEAPOLIS MN 55418	C WILSON & J LINNBERG	RESIDENTIAL	$381,200	184 ft
2714 TAYLOR ST N E MINNEAPOLIS MN 55418	JOSEPH BECK/MICHELLE L BECK	RESIDENTIAL	$403,900	198 ft

Property History

Most Recent Sale

Date199405

Price$92,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$7,113