5136 WASHBURN AVE S MINNEAPOLIS MN 55410

PID: 1702824420122

Property Overview

Parcel ID1702824420122

Lot Size6,159 sq ft (0.141 ac)

Lot Dimensions (est.)128 ft wide × 48 ft deep

Year Built1923

Property ClassRESIDENTIAL-TWO UNIT

OwnerO VALBERG & A VALBERG

Assessed Value$628,500

Land Value$323,000

Building Value$305,500

Annual Tax$11,889

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2018 · Most recent: May 2023 (res)

ResMay 2023Expired

MN Plumbing & Home Services INC

ResDec 2022Closed

Norblom Plumbing Co

ResNov 2022Closed

SERVICE STAR PLUMBING LLC

ResApr 2018Closed

CenterPoint Energy Resource Corp

ResApr 2018Closed

CenterPoint Energy Resource Corp

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width38 ft

Buildable depth88 ft

Area~3,355 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 3,355 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5130 WASHBURN AVE S MINNEAPOLIS MN 55410	DIANE L SVOBODA	RESIDENTIAL	$511,800	48 ft
5140 WASHBURN AVE S MINNEAPOLIS MN 55410	ELAINE J TECKLENBURG TRSTEE	RESIDENTIAL	$531,700	48 ft
5144 WASHBURN AVE S MINNEAPOLIS MN 55410	STEPHEN & ELISHA MOSELEY	RESIDENTIAL	$624,100	92 ft
5126 WASHBURN AVE S MINNEAPOLIS MN 55410	A J VAUGHN & E M FERNANDER	RESIDENTIAL	$563,300	96 ft
5148 WASHBURN AVE S MINNEAPOLIS MN 55410	GARY J BYRD TRUST	RESIDENTIAL	$470,900	132 ft
5137 XERXES AVE S MINNEAPOLIS MN 55410	RACHEL & TERRENCE SCHMIESING	RESIDENTIAL	$522,600	141 ft
5122 WASHBURN AVE S MINNEAPOLIS MN 55410	S J & L A DIMOND	RESIDENTIAL	$499,700	144 ft
5133 XERXES AVE S MINNEAPOLIS MN 55410	M W WHEELER & B M HEGEMAN	RESIDENTIAL	$597,000	144 ft
5141 XERXES AVE S MINNEAPOLIS MN 55410	WILLIAM S & TANYA E MAURICE	RESIDENTIAL	$461,200	149 ft
5129 XERXES AVE S MINNEAPOLIS MN 55410	K M MOORE & C E MOORE	RESIDENTIAL	$702,000	157 ft

Property History

Most Recent Sale

Date199911

Price$299,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$11,889