4000 WASHBURN AVE N MINNEAPOLIS MN 55412

PID: 0502924130122

Property Overview

Parcel ID0502924130122

Lot Size5,550 sq ft (0.127 ac)

Lot Dimensions (est.)129 ft wide × 43 ft deep

Year Built1929

Property ClassRESIDENTIAL

OwnerVICKY A POE

Assessed Value$337,100

Land Value$65,000

Building Value$272,100

Annual Tax$5,139

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2018 · $10K total declared value · Most recent: Jul 2024 (misc)

MiscJul 2024Closed

$9K

PRESIDENTIAL CONSTRUCTION INC

ResMar 2019Closed

CenterPoint Energy Resource Corp

MiscMar 2018Closed

$1K

WINDOW CONCEPTS OF MINNESOTA INC

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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width116 ft

Buildable depth3 ft

Area~2,672 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 2,672 sqft buildable area.

Est. units

Yield on cost

2.9%

Spread

-2.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4006 WASHBURN AVE N MINNEAPOLIS MN 55412	P A KLUMPP & J L KLUMPP	RESIDENTIAL	$389,200	43 ft
4010 WASHBURN AVE N MINNEAPOLIS MN 55412	S D KOEHLER & B M KOEHLER	RESIDENTIAL	$334,800	86 ft
3958 WASHBURN AVE N MINNEAPOLIS MN 55412	JASON MUMME	RESIDENTIAL	$344,300	105 ft
4012 WASHBURN AVE N MINNEAPOLIS MN 55412	K L WATSON & L A WATSON	RESIDENTIAL	$273,000	128 ft
3954 WASHBURN AVE N MINNEAPOLIS MN 55412	BOBBIE S OLSON	RESIDENTIAL	$227,300	142 ft
4001 VINCENT AVE N MINNEAPOLIS MN 55412	KRISTI LYNN ROUP	RESIDENTIAL	$364,900	143 ft
4007 VINCENT AVE N MINNEAPOLIS MN 55412	DIANE L FORSBERG	RESIDENTIAL	$409,300	152 ft
4011 VINCENT AVE N MINNEAPOLIS MN 55412	J R PUMPER & E M PUMPER	RESIDENTIAL	$309,100	175 ft
3959 VINCENT AVE N MINNEAPOLIS MN 55412	AMANDA J STOLLE/ERIC J VOGEL	RESIDENTIAL	$278,700	179 ft
3950 WASHBURN AVE N MINNEAPOLIS MN 55412	KATHERINE HOLUB	RESIDENTIAL	$306,700	182 ft

Property History

Most Recent Sale

Date202112

Price$386,750

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,139