5242 XERXES AVE S MINNEAPOLIS MN 55410

PID: 1702824340010

Property Overview

Parcel ID1702824340010

Lot Size6,008 sq ft (0.138 ac)

Lot Dimensions (est.)129 ft wide × 47 ft deep

Year Built1922

Property ClassRESIDENTIAL

OwnerC BYRON & G BYRON

Assessed Value$427,200

Land Value$224,000

Building Value$203,200

Annual Tax$6,475

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2018 · $2K total declared value · Most recent: Oct 2021 (res)

ResOct 2021Closed

Hero Home Services LLC

ExistresJul 2019Closed

UPTOWN PLUMBING HEATING AND COOLING

RemodelOct 2018Closed

$2K

EGRESS WINDOW GUY

ResApr 2018Closed

CENTERPOINT ENERGY

ExistresFeb 2018Closed

BONFES PLUMBING HEATING AND AIR SERVICE 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 width37 ft

Buildable depth88 ft

Area~3,253 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 3,253 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5238 XERXES AVE S MINNEAPOLIS MN 55410	ALEC PRICE	RESIDENTIAL	$435,800	47 ft
5246 XERXES AVE S MINNEAPOLIS MN 55410	DANIEL HUGHES	RESIDENTIAL	$543,600	47 ft
5232 XERXES AVE S MINNEAPOLIS MN 55410	A BUDDINGTON & K BUDDINGTON	RESIDENTIAL	$507,500	93 ft
5250 XERXES AVE S MINNEAPOLIS MN 55410	DANIEL R & BRIDGET ORLOPP	RESIDENTIAL	$576,500	93 ft
5228 XERXES AVE S MINNEAPOLIS MN 55410	TIMOTHY P RUSSELL	RESIDENTIAL-TWO UNIT	$431,800	137 ft
5256 XERXES AVE S MINNEAPOLIS MN 55410	V J HALVERSON/A M HALVERSON	RESIDENTIAL	$519,400	140 ft
5243 YORK AVE S MINNEAPOLIS MN 55410	WAGNER REVOCABLE FAM TRUST	RESIDENTIAL	$555,000	140 ft
5247 YORK AVE S MINNEAPOLIS MN 55410	JONATHAN SUTTON ET AL	RESIDENTIAL	$551,500	147 ft
5239 YORK AVE S MINNEAPOLIS MN 55410	WRIGHT TRUST	RESIDENTIAL	$587,500	148 ft
5251 YORK AVE S MINNEAPOLIS MN 55410	K ENGELHARDT-CRONK & T CRONK	RESIDENTIAL	$507,800	166 ft

Property History

Most Recent Sale

Date200312

Price$255,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,475