4932 WASHBURN AVE S MINNEAPOLIS MN 55410

PID: 1702824130198

Property Overview

Parcel ID1702824130198

Lot Size5,134 sq ft (0.118 ac)

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

Year Built1925

Property ClassRESIDENTIAL

OwnerBRYCE S MEYER/TATIANA MEYER

Assessed Value$546,000

Land Value$298,000

Building Value$248,000

Annual Tax$8,581

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2019 · $2K total declared value · Most recent: Dec 2025 (res)

ResDec 2025Final Inspection

CenterPoint Energy Resource Corp

ResOct 2021Closed

Urban Pine Plumbing and Mechanical Inc

MiscMar 2019Closed

$2K

STORM GROUP ROOFING LLC

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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth88 ft

Area~2,650 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 2,650 sqft buildable area.

Est. units

Yield on cost

3.1%

Spread

-2.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4936 WASHBURN AVE S MINNEAPOLIS MN 55410	TIMOTHY C HERTLE	RESIDENTIAL	$507,900	40 ft
4928 WASHBURN AVE S MINNEAPOLIS MN 55410	A J SLAWIK & E WILSON	RESIDENTIAL	$689,600	40 ft
4940 WASHBURN AVE S MINNEAPOLIS MN 55410	ROBYN A BIPES-TIMM ET AL	RESIDENTIAL	$569,100	80 ft
4924 WASHBURN AVE S MINNEAPOLIS MN 55410	CE YUAN & XIAOYU SUN	RESIDENTIAL	$669,100	80 ft
4944 WASHBURN AVE S MINNEAPOLIS MN 55410	POLITIS ACQUISTIONS LLC	RESIDENTIAL	$510,900	120 ft
4920 WASHBURN AVE S MINNEAPOLIS MN 55410	KAYE B OTTER	RESIDENTIAL	$474,600	120 ft
4933 XERXES AVE S MINNEAPOLIS MN 55410	ALLISON COOPERMAN/MAX STRAND	RESIDENTIAL	$496,400	140 ft
4937 XERXES AVE S MINNEAPOLIS MN 55410	K J NELSON & J P DEMARAIS	RESIDENTIAL	$463,000	145 ft
4929 XERXES AVE S MINNEAPOLIS MN 55410	E C HANSON & L M RICHARDS	RESIDENTIAL	$496,700	146 ft
4941 XERXES AVE S MINNEAPOLIS MN 55410	D J DELVOYE & J L DELVOYE	RESIDENTIAL	$456,800	160 ft

Property History

Most Recent Sale

Date202011

Price$474,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,581