2943 WASHBURN AVE N MINNEAPOLIS MN 55411

PID: 0802924420066

Property Overview

Parcel ID0802924420066

Lot Size5,024 sq ft (0.115 ac)

Lot Dimensions (est.)127 ft wide × 40 ft deep

Year Built1923

Property ClassRESIDENTIAL

OwnerJENNIFER AMOS

Assessed Value$260,000

Land Value$41,000

Building Value$219,000

Annual Tax$4,083

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Area of Concentrated PovertyHigh

In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.

Minneapolis — Affordable Housing Trust Fund ↗

Potential programs

Great Streets Gap FinancingMedium

Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.

Minneapolis Great Streets — Gap Financing ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

2 permits on record since 2018 · $5K total declared value · Most recent: Jun 2025 (res)

ResJun 2025Closed

CenterPoint Energy Resource Corp

MiscOct 2018Closed

$5K

Discount Windows Inc.

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

Neighborhood Profile

Willard - Hay · Minneapolis

Median reported rent1,168/mo

Renter-occupied38.0%

Median home value$240K

Vacancy rate9.1%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1020

Market Snapshot

Zip code 55411

Median sale price$243K-2.9% YoY

Median price / sqft$140/sqft

Median days to close40 days

Active listings67

Source: Redfin Data Center (Invalid Date) · Zip 55411

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 width29 ft

Buildable depth89 ft

Area~2,572 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 2,572 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2939 WASHBURN AVE N MINNEAPOLIS MN 55411	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	39 ft
2947 WASHBURN AVE N MINNEAPOLIS MN 55411	LISA M REED	RESIDENTIAL	$236,200	43 ft
2935 WASHBURN AVE N MINNEAPOLIS MN 55411	S SHEA ROSE KOCH	RESIDENTIAL	$330,000	78 ft
2953 WASHBURN AVE N MINNEAPOLIS MN 55411	JASON KUGEL	RESIDENTIAL	$235,600	92 ft
2931 WASHBURN AVE N MINNEAPOLIS MN 55411	JOHN R RYAN	RESIDENTIAL	$246,900	118 ft
2942 XERXES AVE N MINNEAPOLIS MN 55411	HEIDI CARLSON	RESIDENTIAL	$279,600	140 ft
2938 XERXES AVE N MINNEAPOLIS MN 55411	G NAFZIGAR & N BURSAW	RESIDENTIAL	$345,200	145 ft
2946 XERXES AVE N MINNEAPOLIS MN 55411	JAMES JEFFREY BARBER	RESIDENTIAL	$302,200	147 ft
2957 WASHBURN AVE N MINNEAPOLIS MN 55411	ROXANNE IGHERIGHE	RESIDENTIAL	$305,600	150 ft
2927 WASHBURN AVE N MINNEAPOLIS MN 55411	L VETAW & R FREEMAN	RESIDENTIAL	$332,300	157 ft

Property History

Most Recent Sale

Date202011

Price$215,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,083