4841 XERXES AVE S MINNEAPOLIS MN 55410

PID: 1702824130014

Property Overview

Parcel ID1702824130014

Lot Size5,142 sq ft (0.118 ac)

Lot Dimensions (est.)128 ft wide × 40 ft deep

Year Built1921

Property ClassRESIDENTIAL

OwnerP PRYOR & M RUHLAND

Assessed Value$471,300

Land Value$242,000

Building Value$229,300

Annual Tax$7,211

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2017 · $9K total declared value · Most recent: Dec 2025 (existres)

ExistresDec 2025Inspection

Residential Heating and Air Conditioning Inc

MiscJun 2021Closed

$9K

STINSON SERVICES INC

ResDec 2017Closed

Norblom Plumbing Co

ExistresAug 2017Closed

Pronto Heating & Air Conditioning Inc

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

Neighborhood Profile

Fulton · 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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth89 ft

Area~2,656 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 2,656 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
4837 XERXES AVE S MINNEAPOLIS MN 55410	LISA MOWRY/WILLIAM A BOOSMAN	RESIDENTIAL	$528,000	40 ft
4845 XERXES AVE S MINNEAPOLIS MN 55410	JOHN YAMAMOTO/MELINDA HAYES	RESIDENTIAL	$455,200	40 ft
4833 XERXES AVE S MINNEAPOLIS MN 55410	DANIELLE SANDAHL	RESIDENTIAL-TWO UNIT	$553,600	80 ft
4849 XERXES AVE S MINNEAPOLIS MN 55410	HPA JV BORROW 2019-1 ATH LLC	RESIDENTIAL	$457,600	80 ft
4829 XERXES AVE S MINNEAPOLIS MN 55410	KARIN E OSHIMA REV LVG TRUST	RESIDENTIAL	$467,800	120 ft
4853 XERXES AVE S MINNEAPOLIS MN 55410	TYLER M MEYER/TAYLOR N HEDIN	RESIDENTIAL	$543,200	120 ft
4840 WASHBURN AVE S MINNEAPOLIS MN 55410	PAUL KAHLERT/JADEE OLMSTEAD	RESIDENTIAL	$905,000	140 ft
4836 WASHBURN AVE S MINNEAPOLIS MN 55410	JODIE A RAYMAKER THOMAS	RESIDENTIAL	$479,000	145 ft
4844 WASHBURN AVE S MINNEAPOLIS MN 55410	M R WEIER & K M WEIER	RESIDENTIAL	$715,600	146 ft
4857 XERXES AVE S MINNEAPOLIS MN 55410	DENISE M HOULE	RESIDENTIAL	$360,000	156 ft

Property History

Most Recent Sale

Date201909

Price$425,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,211