4015 WASHBURN AVE N MINNEAPOLIS MN 55412

PID: 0502924130190

Property Overview

Parcel ID0502924130190

Lot Size6,312 sq ft (0.145 ac)

Lot Dimensions (est.)127 ft wide × 50 ft deep

Year Built1930

Property ClassRESIDENTIAL

OwnerL A OSTERKAMP/R E FLEISCHMAN

Assessed Value$420,000

Land Value$69,000

Building Value$351,000

Annual Tax$6,321

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

13 permits on record since 2018 · $84K total declared value · Most recent: Jul 2023 (misc)

MiscJul 2023Expired

$14K

DONNELLY STUCCO & EXTERIORS

ExistresJun 2022Closed

Standard Heating and Air Conditioning Inc

ResMar 2022Closed

Urban Pine Plumbing and Mechanical Inc

ExistresJan 2022Closed

Patton Heating And Air Conditioning Inc

RemodelJan 2022Closed

$28K

TOP NOTCH CONTRACTING 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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width40 ft

Buildable depth86 ft

Area~3,448 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 3,448 sqft buildable area.

Est. units

Yield on cost

2.3%

Spread

-3.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4019 WASHBURN AVE N MINNEAPOLIS MN 55412	J G LINDQUIST/A M LINDQUIST	RESIDENTIAL	$303,700	50 ft
4011 WASHBURN AVE N MINNEAPOLIS MN 55412	C B MOORE & P R MOORE	RESIDENTIAL	$369,300	50 ft
4023 WASHBURN AVE N MINNEAPOLIS MN 55412	S R HAIK & T E JOHNSTON HAIK	RESIDENTIAL	$411,900	98 ft
4005 WASHBURN AVE N MINNEAPOLIS MN 55412	DARREN MILES	RESIDENTIAL	$431,000	100 ft
4014 XERXES AVE N MINNEAPOLIS MN 55412	KIRSTEN A KAVANAUGH	RESIDENTIAL	$450,000	139 ft
4018 XERXES AVE N MINNEAPOLIS MN 55412	J A GANLEY & S L GANLEY	RESIDENTIAL	$469,800	146 ft
4027 WASHBURN AVE N MINNEAPOLIS MN 55412	ANNE J OSLUND	RESIDENTIAL	$377,800	146 ft
4001 WASHBURN AVE N MINNEAPOLIS MN 55412	B MORK & J SIGNALNESS	RESIDENTIAL	$354,100	150 ft
4008 XERXES AVE N MINNEAPOLIS MN 55412	J D RAINVILLE & K L OLSON	RESIDENTIAL	$406,600	160 ft
4022 XERXES AVE N MINNEAPOLIS MN 55412	SARA C OLSON/BRIAN D OLSON	RESIDENTIAL	$510,400	168 ft

Property History

Most Recent Sale

Date201805

Price$275,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,321