4915 XERXES AVE S MINNEAPOLIS MN 55410

PID: 1702824130181

Property Overview

Parcel ID1702824130181

Lot Size5,139 sq ft (0.118 ac)

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

Year Built1927

Property ClassRESIDENTIAL-TWO UNIT

OwnerPATRICK GALLAGHER

Assessed Value$587,900

Land Value$242,000

Building Value$345,900

Annual Tax$11,122

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2017 · $14K total declared value · Most recent: May 2026 (existres)

ExistresMay 2026Inspection

Three Rivers Mechanical LLC

MiscJun 2024Closed

$14K

TRITON EXTERIORS INC

ResNov 2023Closed

Water Heaters Now Inc

ResApr 2018Closed

CENTERPOINT ENERGY

ExistresSep 2017Closed

JAYHAWK MECHANICAL 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 depth88 ft

Area~2,653 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 2,653 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
4909 XERXES AVE S MINNEAPOLIS MN 55410	DUNBAR PROPERTIES 4909 LLC	RESIDENTIAL-TWO UNIT	$618,000	40 ft
4917 XERXES AVE S MINNEAPOLIS MN 55410	JODI LEE DENKER	RESIDENTIAL	$424,400	40 ft
4921 XERXES AVE S MINNEAPOLIS MN 55410	A LATOURELLE & A HOFF	RESIDENTIAL	$446,000	80 ft
4905 XERXES AVE S MINNEAPOLIS MN 55410	ELAINE K MURRAY	RESIDENTIAL	$369,000	81 ft
4925 XERXES AVE S MINNEAPOLIS MN 55410	CARL S FRITSCH	RESIDENTIAL	$426,000	120 ft
4901 XERXES AVE S MINNEAPOLIS MN 55410	BENJAMIN PETOK/JESSICA PETOK	RESIDENTIAL	$565,100	122 ft
4912 WASHBURN AVE S MINNEAPOLIS MN 55410	ALEX PEPSKI/JOSEPH CONNOLLY	RESIDENTIAL	$1,109,300	140 ft
4908 WASHBURN AVE S MINNEAPOLIS MN 55410	BEERNINK FAMILY REVOC TRUST	RESIDENTIAL	$1,448,000	145 ft
4916 WASHBURN AVE S MINNEAPOLIS MN 55410	J JOYCE & T DEXHEIMER JOYCE	RESIDENTIAL	$464,000	146 ft
4904 WASHBURN AVE S MINNEAPOLIS MN 55410	LYNN WALKER	RESIDENTIAL	$616,300	160 ft

Property History

Most Recent Sale

Date202403

Price$525,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$11,122