5056 WASHBURN AVE S MINNEAPOLIS MN 55410

PID: 1702824420100

Property Overview

Parcel ID1702824420100

Lot Size4,810 sq ft (0.110 ac)

Lot Dimensions (est.)128 ft wide × 38 ft deep

Year Built1918

Property ClassRESIDENTIAL

OwnerA TANGEN & J TANGEN

Assessed Value$563,800

Land Value$288,000

Building Value$275,800

Annual Tax$8,918

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2017 · $100K total declared value · Most recent: Apr 2019 (existres)

ExistresApr 2019Closed

Standard Heating and Air Conditioning Inc

NewresApr 2018Closed

KB Mechanical Inc

RemodelDec 2017Closed

$100K

BELLA CUSTOM HOMES

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

Neighborhood Profile

Fulton · Minneapolis

Median reported rent1,771/mo

Renter-occupied10.4%

Median home value$551K

Vacancy rate5.7%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1113

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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width115 ft

Buildable depth0 ft

Area~2,162 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 2,162 sqft buildable area.

Est. units

Yield on cost

2.9%

Spread

-2.6%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5052 WASHBURN AVE S MINNEAPOLIS MN 55410	JILL PEARSON	RESIDENTIAL	$483,300	39 ft
5048 WASHBURN AVE S MINNEAPOLIS MN 55410	J E BERGSTROM & A V O'CONNOR	RESIDENTIAL	$653,000	79 ft
5100 WASHBURN AVE S MINNEAPOLIS MN 55410	LAURIE J ENGEL	RESIDENTIAL	$612,800	99 ft
5044 WASHBURN AVE S MINNEAPOLIS MN 55410	PETER NICHOLSON	RESIDENTIAL	$1,147,600	119 ft
5057 XERXES AVE S MINNEAPOLIS MN 55410	KIRK TANNER & MELINDA TANNER	RESIDENTIAL	$524,900	140 ft
5106 WASHBURN AVE S MINNEAPOLIS MN 55410	COLEEN ELIZABETH MURPHY	RESIDENTIAL	$526,500	147 ft
5053 XERXES AVE S MINNEAPOLIS MN 55410	K BERDINE & L R BERDINE	RESIDENTIAL	$546,700	149 ft
5040 WASHBURN AVE S MINNEAPOLIS MN 55410	CHI T YEUNG & MARCIA A YEUNG	RESIDENTIAL	$515,900	159 ft
5101 XERXES AVE S MINNEAPOLIS MN 55410	M K BLASBERG & A B MCCONNELL	RESIDENTIAL	$466,100	169 ft
5045 XERXES AVE S MINNEAPOLIS MN 55410	DANIEL BEHRENS/KIMBERLY REED	RESIDENTIAL	$527,400	179 ft

Property History

Most Recent Sale

Date202402

Price$715,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,918