3954 WASHBURN AVE N MINNEAPOLIS MN 55412

PID: 0502924420197

Property Overview

Parcel ID0502924420197

Lot Size5,166 sq ft (0.119 ac)

Lot Dimensions (est.)130 ft wide × 40 ft deep

Year Built1928

Property ClassRESIDENTIAL

OwnerBOBBIE S OLSON

Assessed Value$227,300

Land Value$63,000

Building Value$164,300

Annual Tax$3,124

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2019 · $22K total declared value · Most recent: Aug 2025 (accessory)

AccessoryAug 2025Closed

$22K

Minneapolis Garage Builders, LLC

ExistresOct 2024Closed

Standard Heating and Air Conditioning Inc

ExistresOct 2024Closed

Standard Heating and Air Conditioning Inc

ResFeb 2021Closed

Dean's Professional Plumbing Inc

ResMar 2019Closed

CenterPoint Energy Resource Corp

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 width30 ft

Buildable depth89 ft

Area~2,674 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 2,674 sqft buildable area.

Est. units

Yield on cost

2.9%

Spread

-2.6%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3958 WASHBURN AVE N MINNEAPOLIS MN 55412	JASON MUMME	RESIDENTIAL	$344,300	37 ft
3950 WASHBURN AVE N MINNEAPOLIS MN 55412	KATHERINE HOLUB	RESIDENTIAL	$306,700	40 ft
3946 WASHBURN AVE N MINNEAPOLIS MN 55412	DEBRA A DETLOFF	RESIDENTIAL	$234,600	80 ft
3942 WASHBURN AVE N MINNEAPOLIS MN 55412	IRENE GARDNER	RESIDENTIAL	$234,500	120 ft
4000 WASHBURN AVE N MINNEAPOLIS MN 55412	VICKY A POE	RESIDENTIAL	$337,100	142 ft
3955 VINCENT AVE N MINNEAPOLIS MN 55412	JAMES VAN HALL ET AL	RESIDENTIAL	$299,800	143 ft
3959 VINCENT AVE N MINNEAPOLIS MN 55412	AMANDA J STOLLE/ERIC J VOGEL	RESIDENTIAL	$278,700	147 ft
3951 VINCENT AVE N MINNEAPOLIS MN 55412	SANDRA HERRERA	RESIDENTIAL	$250,500	149 ft
3938 WASHBURN AVE N MINNEAPOLIS MN 55412	N LEMBECK & R M POLLMAN	RESIDENTIAL	$231,700	160 ft
3947 VINCENT AVE N MINNEAPOLIS MN 55412	CEL MONTON LLC	RESIDENTIAL	$238,700	165 ft

Property History

Most Recent Sale

Date202006

Price$180,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,124