5156 WASHBURN AVE S MINNEAPOLIS MN 55410

PID: 1702824420127

Property Overview

Parcel ID1702824420127

Lot Size5,132 sq ft (0.118 ac)

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

Year Built1922

Property ClassRESIDENTIAL

OwnerH J MILLIGAN JR ET AL

Assessed Value$558,000

Land Value$298,000

Building Value$260,000

Annual Tax$8,808

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2018 · $18K total declared value · Most recent: Sep 2022 (misc)

MiscSep 2022Closed

$18K

TOPSIDE INC

ExistresFeb 2021Closed

Hero Home Services LLC

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

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~2,384 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 2,384 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5152 WASHBURN AVE S MINNEAPOLIS MN 55410	B W CAPOUCH & M G CAPOUCH	RESIDENTIAL	$487,800	40 ft
5148 WASHBURN AVE S MINNEAPOLIS MN 55410	GARY J BYRD TRUST	RESIDENTIAL	$470,900	80 ft
5200 WASHBURN AVE S MINNEAPOLIS MN 55410	P J MACKEY& S G MALIN	RESIDENTIAL	$630,900	108 ft
5144 WASHBURN AVE S MINNEAPOLIS MN 55410	STEPHEN & ELISHA MOSELEY	RESIDENTIAL	$624,100	120 ft
5159 XERXES AVE S MINNEAPOLIS MN 55410	J M GALLE & J L FRANKLIN	RESIDENTIAL	$605,400	140 ft
5155 XERXES AVE S MINNEAPOLIS MN 55410	ERIC C FAITH ET AL	RESIDENTIAL	$694,600	146 ft
3015 52ND ST W MINNEAPOLIS MN 55410	D RECORDS & J RECORDS	RESIDENTIAL	$291,300	147 ft
5204 WASHBURN AVE S MINNEAPOLIS MN 55410	JOHN F DILLERY	RESIDENTIAL	$463,800	155 ft
5149 XERXES AVE S MINNEAPOLIS MN 55410	F MANKOVICH & S MANKOVICH	RESIDENTIAL	$481,200	163 ft
5140 WASHBURN AVE S MINNEAPOLIS MN 55410	ELAINE J TECKLENBURG TRSTEE	RESIDENTIAL	$531,700	164 ft

Property History

Most Recent Sale

Date199302

Price$163,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$8,808