2642 TAYLOR ST N E MINNEAPOLIS MN 55418

PID: 1202924230060

Property Overview

Parcel ID1202924230060

Lot Size8,373 sq ft (0.192 ac)

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

Year Built1900

Property ClassRESIDENTIAL

OwnerR MENDOZA/M MENDOZA-ALVARAZ

Assessed Value$253,000

Land Value$139,000

Building Value$114,000

Annual Tax$4,017

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 rent1,414/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

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 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 sfr / adu benchmarks for 5,112 sqft buildable area.

Est. units

Yield on cost

3.0%

Spread

-2.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2638 TAYLOR ST N E MINNEAPOLIS MN 55418	E O DE ALVAREZ/J A ARROYO	RESIDENTIAL	$372,000	46 ft
2644 TAYLOR ST N E MINNEAPOLIS MN 55418	BLAKE OLSON	RESIDENTIAL-TWO UNIT	$431,200	73 ft
2634 TAYLOR ST N E MINNEAPOLIS MN 55418	J E MCLAIN & S MCLAIN	RESIDENTIAL-TWO UNIT	$415,400	92 ft
1016 27TH AVE N E MINNEAPOLIS MN 55418	VIOLET A OLSON	RESIDENTIAL	$342,700	97 ft
2630 TAYLOR ST N E MINNEAPOLIS MN 55418	KRISTEN MARY STRADINGER	RESIDENTIAL	$435,100	138 ft
2626 TAYLOR ST N E MINNEAPOLIS MN 55418	W KIRCHGESSNER & D WUERFFEL	RESIDENTIAL	$348,600	184 ft
2643 POLK ST N E MINNEAPOLIS MN 55418	R M ROBERTS & P A ROBERTS	RESIDENTIAL	$409,900	197 ft
2637 POLK ST N E MINNEAPOLIS MN 55418	JEAN NOEL GUERMONPREZ	RESIDENTIAL-TWO UNIT	$417,600	203 ft
2647 POLK ST N E MINNEAPOLIS MN 55418	POLK STREET L L C	RESIDENTIAL-TWO UNIT	$441,400	203 ft
2651 POLK ST N E MINNEAPOLIS MN 55418	MARY GONZAGA	RESIDENTIAL	$384,000	217 ft

Property History

Most Recent Sale

Date200312

Price$175,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,017