4502 WASHBURN AVE S MINNEAPOLIS MN 55410

PID: 0802824430112

Property Overview

Parcel ID0802824430112

Lot Size8,010 sq ft (0.184 ac)

Lot Dimensions (est.)93 ft wide × 86 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerTHOMAS R HALL ET AL

Assessed Value$619,600

Land Value$418,000

Building Value$201,600

Annual Tax$9,973

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2017 · Most recent: May 2023 (existres)

ExistresMay 2023Closed

OC Mechanical Inc

ResApr 2018Closed

CenterPoint Energy Resource Corp

ResNov 2017Closed

Urban Pine Plumbing and Mechanical Inc

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

Neighborhood Profile

Linden Hills · Minneapolis

Median reported rent1,625/mo

Renter-occupied17.4%

Median home value$721K

Vacancy rate0.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 106

Market Snapshot

Zip code 55410

Median sale price$626K+10.3% YoY

Median price / sqft$312/sqft

Median days to close30 days

Active listings56

Source: Redfin Data Center (Invalid Date) · Zip 55410

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 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 width80 ft

Buildable depth46 ft

Area~3,870 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 3,870 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3011 45TH ST W MINNEAPOLIS MN 55410	E G OTOPALIK AND L ROCHE	RESIDENTIAL	$620,800	67 ft
4508 WASHBURN AVE S MINNEAPOLIS MN 55410	KRISTIN L BOETTICHER WALKER	RESIDENTIAL	$667,700	68 ft
4512 WASHBURN AVE S MINNEAPOLIS MN 55410	KYLE HOFER & LINDSAY HOFER	RESIDENTIAL	$729,700	108 ft
4454 WASHBURN AVE S MINNEAPOLIS MN 55410	CHRISTIANSON & HENCIR R E TR	RESIDENTIAL	$540,700	126 ft
4516 WASHBURN AVE S MINNEAPOLIS MN 55410	SHADI A TAHER TRUST	RESIDENTIAL	$1,112,900	150 ft
4505 XERXES AVE S MINNEAPOLIS MN 55410	J FALLON & B MONTRELL	RESIDENTIAL	$443,000	157 ft
3015 45TH ST W MINNEAPOLIS MN 55410	J J BECK & A WHARTON-BECK	RESIDENTIAL	$646,100	157 ft
4448 WASHBURN AVE S MINNEAPOLIS MN 55410	MARTIN D TEETERS	RESIDENTIAL	$411,000	167 ft
4509 XERXES AVE S MINNEAPOLIS MN 55410	DIANE M BELCHER	RESIDENTIAL	$454,000	168 ft
4501 WASHBURN AVE S MINNEAPOLIS MN 55410	D GORDHAMER & J GORDHAMER	RESIDENTIAL-TWO UNIT	$666,300	174 ft

Property History

Current Tax Year

Year2026

Tax Due$9,973