1837 POLK ST N E MINNEAPOLIS MN 55418

PID: 1202924330141

Property Overview

Parcel ID1202924330141

Lot Size3,400 sq ft (0.078 ac)

Lot Dimensions (est.)85 ft wide × 40 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerNICOLE ERDMANN

Assessed Value$280,600

Land Value$92,000

Building Value$188,600

Annual Tax$4,045

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

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 depth45 ft

Area~1,348 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 1,348 sqft buildable area.

Est. units

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1843 POLK ST N E MINNEAPOLIS MN 55418	JANELLE ZIMMERMAN REV LIV TR	RESIDENTIAL	$758,000	59 ft
1835 POLK ST N E MINNEAPOLIS MN 55418	GENESIS WORSHIP HSE PROP LLC	COMMERCIAL-PREFERRED	$533,500	68 ft
1009 18 1/2 AVE N E MINNEAPOLIS MN 55418	K J ROBERTS & C M AKKARI	RESIDENTIAL	$326,400	79 ft
1849 POLK ST N E MINNEAPOLIS MN 55418	RYAN LEAR & AMANDA VERSTEGEN	RESIDENTIAL-TWO UNIT	$361,500	109 ft
1015 18 1/2 AVE N E MINNEAPOLIS MN 55418	Z J MEDER & M K MEDER	RESIDENTIAL	$324,900	115 ft
1010 19TH AVE N E MINNEAPOLIS MN 55418	R B JACOB & D L JACOB	RESIDENTIAL	$279,500	131 ft
1017 18 1/2 AVE N E MINNEAPOLIS MN 55418	AMY BETH ERICKSON	RESIDENTIAL	$340,100	154 ft
1855 POLK ST N E MINNEAPOLIS MN 55418	ALIA HOLLE & JAMES ROCKWELL	RESIDENTIAL	$461,300	159 ft
957 18 1/2 AVE N E MINNEAPOLIS MN 55418	JILL A HELGEMOE	RESIDENTIAL	$185,900	165 ft
1838 POLK ST N E MINNEAPOLIS MN 55418	HUMBERTO ALARCON	RESIDENTIAL	$185,600	168 ft

Property History

Most Recent Sale

Date200406

Price$179,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,045