5206 XERXES AVE S MINNEAPOLIS MN 55410

PID: 1702824340002

Property Overview

Parcel ID1702824340002

Lot Size6,695 sq ft (0.154 ac)

Lot Dimensions (est.)129 ft wide × 52 ft deep

Year Built1919

Property ClassRESIDENTIAL

OwnerR E & G K KATZ-JAMES

Assessed Value$515,400

Land Value$233,000

Building Value$282,400

Annual Tax$7,999

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2017 · $15K total declared value · Most recent: Dec 2022 (remodel)

RemodelDec 2022Closed

$5K

PLATINUM REMODELING AND HANDYMAN SERVICES LLC

ResNov 2022Closed

Weld and Sons Plumbing Inc

ResApr 2018Closed

CENTERPOINT ENERGY

MiscSep 2017Closed

$10K

KAUFMAN SHEET METAL ROOFING INC

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

Neighborhood Profile

Fulton · Minneapolis

Median reported rent1,676/mo

Renter-occupied7.7%

Median home value$543K

Vacancy rate2.7%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1112

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 width42 ft

Buildable depth89 ft

Area~3,726 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 3-story wood frame (5–12 units) benchmarks for 3,726 sqft buildable area.

Est. units

Yield on cost

4.1%

Spread

-1.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5212 XERXES AVE S MINNEAPOLIS MN 55410	DANIEL & ABIGAIL LUBOZYNSKI	RESIDENTIAL	$481,800	52 ft
5200 XERXES AVE S MINNEAPOLIS MN 55410	A J SIMONSON & T W SIMONSON	RESIDENTIAL	$437,600	53 ft
5216 XERXES AVE S MINNEAPOLIS MN 55410	PATRICIA A HOVEY	RESIDENTIAL	$486,600	98 ft
5220 XERXES AVE S MINNEAPOLIS MN 55410	PATRICIA ANN KNAAK TRUSTEE	RESIDENTIAL	$305,500	138 ft
5205 YORK AVE S MINNEAPOLIS MN 55410	TIMOTHY D OLKEN-HUNT ET AL	RESIDENTIAL	$703,100	141 ft
5211 YORK AVE S MINNEAPOLIS MN 55410	DIANE E SCHMIDT	RESIDENTIAL	$522,100	145 ft
5201 YORK AVE S MINNEAPOLIS MN 55410	ANDREW E & JULIE ROBERTSON	RESIDENTIAL	$1,144,200	152 ft
5152 XERXES AVE S MINNEAPOLIS MN 55410	ELIZABETH C CROZIER	RESIDENTIAL	$462,300	160 ft
5217 YORK AVE S MINNEAPOLIS MN 55410	RICHARD A URAM	RESIDENTIAL	$507,900	164 ft
5201 XERXES AVE S MINNEAPOLIS MN 55410	DAVID WILLIAM WULFF	RESIDENTIAL	$309,400	171 ft

Property History

Most Recent Sale

Date199905

Price$209,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,999