1849 POLK ST N E MINNEAPOLIS MN 55418

PID: 1202924330110

Property Overview

Parcel ID1202924330110

Lot Size4,501 sq ft (0.103 ac)

Lot Dimensions (est.)90 ft wide × 50 ft deep

Year Built1900

Property ClassRESIDENTIAL-TWO UNIT

OwnerRYAN LEAR & AMANDA VERSTEGEN

Assessed Value$361,500

Land Value$108,000

Building Value$253,500

Annual Tax$5,400

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2017 · $8K total declared value · Most recent: Aug 2022 (res)

ResAug 2022Closed

Norblom Plumbing Co

MiscJun 2022Closed

$2K

Renda the Roofer

ResApr 2022Closed

CenterPoint Energy Resource Corp

MiscAug 2017Closed

$6K

THE HOME DEPOT

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 width40 ft

Buildable depth50 ft

Area~1,998 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 1,998 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1855 POLK ST N E MINNEAPOLIS MN 55418	ALIA HOLLE & JAMES ROCKWELL	RESIDENTIAL	$461,300	50 ft
1843 POLK ST N E MINNEAPOLIS MN 55418	JANELLE ZIMMERMAN REV LIV TR	RESIDENTIAL	$758,000	50 ft
1010 19TH AVE N E MINNEAPOLIS MN 55418	R B JACOB & D L JACOB	RESIDENTIAL	$279,500	70 ft
1837 POLK ST N E MINNEAPOLIS MN 55418	NICOLE ERDMANN	RESIDENTIAL	$280,600	109 ft
1018 19TH AVE N E MINNEAPOLIS MN 55418	1018 19TH AVE L L C	APARTMENT	$1,572,000	145 ft
1009 18 1/2 AVE N E MINNEAPOLIS MN 55418	K J ROBERTS & C M AKKARI	RESIDENTIAL	$326,400	168 ft
1850 POLK ST N E MINNEAPOLIS MN 55418	MICHAEL ROFFERS	RESIDENTIAL-TWO UNIT	$301,500	170 ft
1846 POLK ST N E MINNEAPOLIS MN 55418	LAYOYA TEE LOUVELY	RESIDENTIAL-TWO UNIT	$497,100	173 ft
1835 POLK ST N E MINNEAPOLIS MN 55418	GENESIS WORSHIP HSE PROP LLC	COMMERCIAL-PREFERRED	$533,500	177 ft
960 19TH AVE N E MINNEAPOLIS MN 55418	JAMES EISCHENS	APARTMENT	$412,000	178 ft

Property History

Most Recent Sale

Date201908

Price$350,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,400