2221 POLK ST N E MINNEAPOLIS MN 55418

PID: 1202924320100

Property Overview

Parcel ID1202924320100

Lot Size5,038 sq ft (0.116 ac)

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

Year Built2001

Property ClassRESIDENTIAL

OwnerEVAN LIEBERMAN

Assessed Value$435,700

Land Value$114,000

Building Value$321,700

Annual Tax$7,944

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 2001 · $125K total declared value · Most recent: Oct 2020 (misc)

MiscOct 2020Closed

$1K

THE HOME DEPOT

ResOct 2018Closed

Blue Water Plumbing Inc

RemodelOct 2018Closed

$9K

DRUM LINE REMODELING

BinbApr 2001

$115K

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

Neighborhood Profile

Windom Park · Minneapolis

Median reported rent1,259/mo

Renter-occupied70.2%

Median home value$289K

Vacancy rate11.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1019

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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 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~2,578 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 small multifamily (2–4 units, wood frame) benchmarks for 2,578 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2219 POLK ST N E MINNEAPOLIS MN 55418	T CONNERTON & A CONNERTON	RESIDENTIAL	$330,400	40 ft
2227 POLK ST N E MINNEAPOLIS MN 55418	GEORGE MILBERG	TRIPLEX	$482,100	50 ft
2213 POLK ST N E MINNEAPOLIS MN 55418	EVLU22 LLC	RESIDENTIAL-TWO UNIT	$391,200	80 ft
1010 23RD AVE N E MINNEAPOLIS MN 55418	BENJAMIN BRAMA	APARTMENT	$494,000	97 ft
2209 POLK ST N E MINNEAPOLIS MN 55418	BKL INVESTMENTS LTD PTNRSHIP	APARTMENT	$470,000	120 ft
1016 23RD AVE N E MINNEAPOLIS MN 55418	DAVID GAVILANES	RESIDENTIAL-TWO UNIT	$434,500	137 ft
956 23RD AVE N E MINNEAPOLIS MN 55418	C MILLER & K S MILLER	RESIDENTIAL	$364,400	165 ft
1015 22ND AVE N E MINNEAPOLIS MN 55418	HOWARD G MATTSON TRUST	RESIDENTIAL	$266,800	177 ft
1020 23RD AVE N E MINNEAPOLIS MN 55418	R D MCKINNEY & K N CAMENE	RESIDENTIAL-TWO UNIT	$437,200	177 ft
2207 POLK ST N E MINNEAPOLIS MN 55418	WANDA A KERN	TRIPLEX	$517,700	181 ft

Property History

Most Recent Sale

Date201111

Price$180,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,944