4574 WASHBURN AVE N MINNEAPOLIS MN 55412

PID: 1111821330104

Property Overview

Parcel ID1111821330104

Lot Size6,321 sq ft (0.145 ac)

Lot Dimensions (est.)127 ft wide × 50 ft deep

Year Built1947

Property ClassRESIDENTIAL

OwnerJ & M SULLIBAN

Assessed Value$289,800

Land Value$65,000

Building Value$224,800

Annual Tax$4,160

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2020 · $6K total declared value · Most recent: Dec 2024 (res)

ResDec 2024Closed

CenterPoint Energy Resource Corp

MiscJul 2023Closed

$6K

WRIGHT AT HOME SERVICES INC

ExistresOct 2020Closed

Standard Heating and Air Conditioning Inc

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

Neighborhood Profile

Victory · Minneapolis

Median reported rent717/mo

Renter-occupied29.2%

Median home value$230K

Vacancy rate2.1%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1002

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

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 width114 ft

Buildable depth10 ft

Area~3,197 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 3,197 sqft buildable area.

Est. units

Yield on cost

2.5%

Spread

-3.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4570 WASHBURN AVE N MINNEAPOLIS MN 55412	M HONOMICHL & D HONOMICHL JR	RESIDENTIAL	$191,000	50 ft
4566 WASHBURN AVE N MINNEAPOLIS MN 55412	SARAH SMITH	RESIDENTIAL	$255,800	100 ft
4700 WASHBURN AVE N MINNEAPOLIS MN 55430	SARAH WOZNIAK/EMILY WOZNIAK	RESIDENTIAL	$300,800	114 ft
4579 VINCENT AVE N MINNEAPOLIS MN 55412	LYLE LINDQUIST & R LINDQUIST	RESIDENTIAL	$268,200	140 ft
4575 VINCENT AVE N MINNEAPOLIS MN 55412	REBECCA TIMM	RESIDENTIAL	$241,000	148 ft
4562 WASHBURN AVE N MINNEAPOLIS MN 55412	DAVID MELAAS	RESIDENTIAL	$252,100	150 ft
4710 WASHBURN AVE N MINNEAPOLIS MN 55430	J J KONIAR & B L KONIAR	RESIDENTIAL	$273,000	172 ft
4571 VINCENT AVE N MINNEAPOLIS MN 55412	CAROL A ZAWISLAK	RESIDENTIAL	$262,700	172 ft
4579 WASHBURN AVE N MINNEAPOLIS MN 55412	STEFFANY L SCHMIT	RESIDENTIAL	$297,100	185 ft
4575 WASHBURN AVE N MINNEAPOLIS MN 55412	K M GREGORIUS & A M SHENK	RESIDENTIAL	$295,200	192 ft

Property History

Most Recent Sale

Date198507

Price$60,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,160