4921 XERXES AVE S MINNEAPOLIS MN 55410

PID: 1702824130183

Property Overview

Parcel ID1702824130183

Lot Size5,137 sq ft (0.118 ac)

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

Year Built1925

Property ClassRESIDENTIAL

OwnerA LATOURELLE & A HOFF

Assessed Value$446,000

Land Value$242,000

Building Value$204,000

Annual Tax$6,789

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2018 · Most recent: Feb 2025 (res)

ResFeb 2025Closed

Blue Yeti Services LLC

ExistresNov 2023Closed

Pronto Heating & Air Conditioning Inc

ExistresJun 2023Closed

Pronto Heating & Air Conditioning Inc

ResSep 2019Closed

FIRESIDE HEARTH AND HOME

ResApr 2018Closed

CENTERPOINT ENERGY

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

Neighborhood Profile

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~2,652 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 2,652 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
4917 XERXES AVE S MINNEAPOLIS MN 55410	JODI LEE DENKER	RESIDENTIAL	$424,400	40 ft
4925 XERXES AVE S MINNEAPOLIS MN 55410	CARL S FRITSCH	RESIDENTIAL	$426,000	40 ft
4915 XERXES AVE S MINNEAPOLIS MN 55410	PATRICK GALLAGHER	RESIDENTIAL-TWO UNIT	$587,900	80 ft
4929 XERXES AVE S MINNEAPOLIS MN 55410	E C HANSON & L M RICHARDS	RESIDENTIAL	$496,700	80 ft
4933 XERXES AVE S MINNEAPOLIS MN 55410	ALLISON COOPERMAN/MAX STRAND	RESIDENTIAL	$496,400	118 ft
4909 XERXES AVE S MINNEAPOLIS MN 55410	DUNBAR PROPERTIES 4909 LLC	RESIDENTIAL-TWO UNIT	$618,000	120 ft
4920 WASHBURN AVE S MINNEAPOLIS MN 55410	KAYE B OTTER	RESIDENTIAL	$474,600	140 ft
4916 WASHBURN AVE S MINNEAPOLIS MN 55410	J JOYCE & T DEXHEIMER JOYCE	RESIDENTIAL	$464,000	145 ft
4924 WASHBURN AVE S MINNEAPOLIS MN 55410	CE YUAN & XIAOYU SUN	RESIDENTIAL	$669,100	146 ft
4937 XERXES AVE S MINNEAPOLIS MN 55410	K J NELSON & J P DEMARAIS	RESIDENTIAL	$463,000	158 ft

Property History

Most Recent Sale

Date202503

Price$446,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,789