2946 WASHBURN AVE N MINNEAPOLIS MN 55411

PID: 0802924420150

Property Overview

Parcel ID0802924420150

Lot Size7,236 sq ft (0.166 ac)

Lot Dimensions (est.)151 ft wide × 48 ft deep

Year Built1924

Property ClassRESIDENTIAL

OwnerTREVOR T KVARNLOV

Assessed Value$246,700

Land Value$49,000

Building Value$197,700

Annual Tax$3,890

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2017 · $16K total declared value · Most recent: Jun 2025 (res)

ResJun 2025Closed

CenterPoint Energy Resource Corp

MiscApr 2024Closed

$8K

LEGACY RESTORATION LLC

MiscJul 2017Closed

$8K

JWEBER 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

RM1Residence Goods and Services

Residential Mixed-Use 1 — low-density mixed residential

Typical Uses

·Apartments
·Townhomes
·Neighborhood-scale retail on ground floor

Max Height45 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.)10 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width136 ft

Buildable depth8 ft

Area~2,594 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 2,594 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
2940 WASHBURN AVE N MINNEAPOLIS MN 55411	M ANDRUKAITIS/S ANDRUKAITIS	RESIDENTIAL	$231,700	41 ft
2950 WASHBURN AVE N MINNEAPOLIS MN 55411	STATE HIGHWAY DEPT	LAND-COMMERCIAL	$0	90 ft
2934 WASHBURN AVE N MINNEAPOLIS MN 55411	T G & J A CRUSHSHON	RESIDENTIAL	$332,500	99 ft
2926 WASHBURN AVE N MINNEAPOLIS MN 55411	NAMARA MARIE KIBIRA	RESIDENTIAL	$265,000	154 ft
2943 WASHBURN AVE N MINNEAPOLIS MN 55411	JENNIFER AMOS	RESIDENTIAL	$260,000	187 ft
2947 WASHBURN AVE N MINNEAPOLIS MN 55411	LISA M REED	RESIDENTIAL	$236,200	191 ft
2939 WASHBURN AVE N MINNEAPOLIS MN 55411	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	193 ft
2953 WASHBURN AVE N MINNEAPOLIS MN 55411	JASON KUGEL	RESIDENTIAL	$235,600	206 ft
2935 WASHBURN AVE N MINNEAPOLIS MN 55411	S SHEA ROSE KOCH	RESIDENTIAL	$330,000	206 ft
2922 WASHBURN AVE N MINNEAPOLIS MN 55411	DIESEL REESE RYDEN	RESIDENTIAL	$335,000	215 ft

Property History

Most Recent Sale

Date200912

Price$119,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$3,890