4242 XERXES AVE N MINNEAPOLIS MN 55412

PID: 0502924120107

Property Overview

Parcel ID0502924120107

Lot Size6,241 sq ft (0.143 ac)

Lot Dimensions (est.)125 ft wide × 50 ft deep

Year Built1935

Property ClassRESIDENTIAL

OwnerA R FALENCZYKOWSKI ET AL

Assessed Value$349,000

Land Value$103,000

Building Value$246,000

Annual Tax$5,143

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

9 permits on record since 2019 · $125K total declared value · Most recent: Nov 2023 (misc)

MiscNov 2023Closed

$1K

SMITH COLE STUCCO AND STONE

RemodelApr 2023Closed

$6K

Three Rivers Contracting LLC

ResFeb 2023Closed

Alexander Falenczykowski

RemodelDec 2022Closed

$101K

MARKRAFT HOME BUILDERS

ExistresJul 2022Closed

Alexander Falenczykowski

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

Neighborhood Profile

Victory · Minneapolis

Median reported rent1,398/mo

Renter-occupied17.2%

Median home value$256K

Vacancy rate3.9%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 3

Market Snapshot

Zip code 55412

Median sale price$225K-2.2% YoY

Median price / sqft$172/sqft

Median days to close31 days

Active listings67

Source: Redfin Data Center (Invalid Date) · Zip 55412

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 width40 ft

Buildable depth85 ft

Area~3,391 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 3,391 sqft buildable area.

Est. units

Yield on cost

2.2%

Spread

-3.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4238 XERXES AVE N MINNEAPOLIS MN 55412	RACHEL VICKERS DE PORTILLO	RESIDENTIAL	$392,300	50 ft
4246 XERXES AVE N MINNEAPOLIS MN 55412	WAYNE L JOHNSON	RESIDENTIAL	$330,100	50 ft
4234 XERXES AVE N MINNEAPOLIS MN 55412	M A ZUKOR & A L ZUKOR	RESIDENTIAL	$365,900	100 ft
4250 XERXES AVE N MINNEAPOLIS MN 55412	PAULA R BRUMMEL & K D ROE	RESIDENTIAL	$362,000	100 ft
4243 WASHBURN AVE N MINNEAPOLIS MN 55412	DONALD J PUSTINA	RESIDENTIAL	$348,600	140 ft
4247 WASHBURN AVE N MINNEAPOLIS MN 55412	B DOUGLAS & H DOUGLAS	RESIDENTIAL	$351,500	148 ft
4254 XERXES AVE N MINNEAPOLIS MN 55412	KELETSO E ATKINS REV TRUST	RESIDENTIAL	$313,000	148 ft
4239 WASHBURN AVE N MINNEAPOLIS MN 55412	R A PHILIPPOT/D M PHILIPPOT	RESIDENTIAL	$333,000	149 ft
4230 XERXES AVE N MINNEAPOLIS MN 55412	JULIE Z & JAMES H MERWIN JR	RESIDENTIAL	$338,100	150 ft
4251 WASHBURN AVE N MINNEAPOLIS MN 55412	N D HUNDT & MELISSA DREIER	RESIDENTIAL	$404,100	171 ft

Property History

Most Recent Sale

Date201606

Price$280,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,143