1919 POLK ST N E MINNEAPOLIS MN 55418

PID: 1202924330171

Property Overview

Parcel ID1202924330171

Lot Size7,740 sq ft (0.178 ac)

Lot Dimensions (est.)180 ft wide × 43 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerG A & S A MARCELLUS

Assessed Value$215,000

Land Value$138,000

Building Value$77,000

Annual Tax$2,946

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 2022 · Most recent: Mar 2022 (res)

ResMar 2022Closed

CenterPoint Energy Resource Corp

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 width33 ft

Buildable depth140 ft

Area~4,619 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 4,619 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1915 POLK ST N E MINNEAPOLIS MN 55418	LI-CHEN CHOW/MEI L HUI DANG	RESIDENTIAL-TWO UNIT	$407,000	43 ft
1008 20TH AVE N E MINNEAPOLIS MN 55418	JAMES T LAM	RESIDENTIAL-TWO UNIT	$250,700	64 ft
1004 20TH AVE N E MINNEAPOLIS MN 55418	FLOYD R BENNER	VACANT LAND-RESIDENTIAL	$87,000	73 ft
1010 20TH AVE N E MINNEAPOLIS MN 55418	1010 20 LLC	RESIDENTIAL-TWO UNIT	$276,400	74 ft
1000 20TH AVE N E MINNEAPOLIS MN 55418	FLOYD R BENNER	RESIDENTIAL-TWO UNIT	$277,800	96 ft
1014 20TH AVE N E MINNEAPOLIS MN 55418	POWDERHORN BUILDINGS LLC	RESIDENTIAL	$211,100	97 ft
1007 19TH AVE N E MINNEAPOLIS MN 55418	RICHARD OCHOA	RESIDENTIAL-TWO UNIT	$283,100	129 ft
1005 19TH AVE N E MINNEAPOLIS MN 55418	PAOLA NORMA NUNEZ-OBETZ	RESIDENTIAL-TWO UNIT	$283,500	135 ft
1011 19TH AVE N E MINNEAPOLIS MN 55418	STEWARD INVESTMENTS LLC	RESIDENTIAL-TWO UNIT	$365,200	139 ft
1018 20TH AVE N E MINNEAPOLIS MN 55418	PATRICIA LINGWALL	RESIDENTIAL-TWO UNIT	$259,900	145 ft

Property History

Most Recent Sale

Date199510

Price$50,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$2,946