4512 WASHBURN AVE S MINNEAPOLIS MN 55410

PID: 0802824430115

Property Overview

Parcel ID0802824430115

Lot Size5,654 sq ft (0.130 ac)

Lot Dimensions (est.)135 ft wide × 42 ft deep

Year Built1903

Property ClassRESIDENTIAL

OwnerKYLE HOFER & LINDSAY HOFER

Assessed Value$729,700

Land Value$362,000

Building Value$367,700

Annual Tax$12,056

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2018 · $206K total declared value · Most recent: Jan 2025 (res)

ResJan 2025Closed

Wenzel-Plymouth Plumbing LLC

ExistresJan 2025Closed

Binder Heating and Air Conditioning Inc

RemodelDec 2024Closed

$195K

Fox Homes LLC

ResAug 2021Closed

Warners Stellian Co Inc

ExistresMay 2021Closed

ST PAUL PLUMBING AND HEATING CO 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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width32 ft

Buildable depth95 ft

Area~3,028 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 3,028 sqft buildable area.

Est. units

Yield on cost

3.2%

Spread

-2.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4508 WASHBURN AVE S MINNEAPOLIS MN 55410	KRISTIN L BOETTICHER WALKER	RESIDENTIAL	$667,700	42 ft
4516 WASHBURN AVE S MINNEAPOLIS MN 55410	SHADI A TAHER TRUST	RESIDENTIAL	$1,112,900	42 ft
4520 WASHBURN AVE S MINNEAPOLIS MN 55410	D N DUPUIS & R JORCZAK	RESIDENTIAL	$488,600	84 ft
4502 WASHBURN AVE S MINNEAPOLIS MN 55410	THOMAS R HALL ET AL	RESIDENTIAL	$619,600	108 ft
3011 45TH ST W MINNEAPOLIS MN 55410	E G OTOPALIK AND L ROCHE	RESIDENTIAL	$620,800	116 ft
4524 WASHBURN AVE S MINNEAPOLIS MN 55410	BRIAN J MCDONOUGH	RESIDENTIAL	$564,400	125 ft
4515 XERXES AVE S MINNEAPOLIS MN 55410	S HANSVICK & C HANSVICK	RESIDENTIAL-TWO UNIT	$616,300	135 ft
4517 XERXES AVE S MINNEAPOLIS MN 55410	SACHA SEYMOUR-ANDERSON ET AL	RESIDENTIAL	$705,700	141 ft
4509 XERXES AVE S MINNEAPOLIS MN 55410	DIANE M BELCHER	RESIDENTIAL	$454,000	141 ft
4521 XERXES AVE S MINNEAPOLIS MN 55410	J J GROSS & M GROSS	RESIDENTIAL	$625,700	158 ft

Property History

Most Recent Sale

Date202111

Price$751,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$12,056