5201 XERXES AVE S MINNEAPOLIS MN 55410

PID: 1702824430074

Property Overview

Parcel ID1702824430074

Lot Size3,741 sq ft (0.086 ac)

Lot Dimensions (est.)75 ft wide × 50 ft deep

Year Built1919

Property ClassRESIDENTIAL

OwnerDAVID WILLIAM WULFF

Assessed Value$309,400

Land Value$175,000

Building Value$134,400

Annual Tax$4,510

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Permit History

3 permits on record since 2018 · Most recent: Apr 2026 (res)

ResApr 2026Inspection

Warners Stellian Co Inc

ResAug 2019Closed

Pronto Heating & Air Conditioning Inc

ResApr 2018Closed

CENTERPOINT ENERGY

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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 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.)10 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width60 ft

Buildable depth10 ft

Area~1,217 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 1,217 sqft buildable area.

Est. units

Yield on cost

2.5%

Spread

-3.0%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5205 XERXES AVE S MINNEAPOLIS MN 55410	K L OSMUNDSON/C B OSMUNDSON	RESIDENTIAL	$749,100	54 ft
3015 52ND ST W MINNEAPOLIS MN 55410	D RECORDS & J RECORDS	RESIDENTIAL	$291,300	62 ft
5209 XERXES AVE S MINNEAPOLIS MN 55410	OLSON REVOCABLE FAMILY TRUST	RESIDENTIAL	$463,700	95 ft
5159 XERXES AVE S MINNEAPOLIS MN 55410	J M GALLE & J L FRANKLIN	RESIDENTIAL	$605,400	110 ft
5215 XERXES AVE S MINNEAPOLIS MN 55410	T NOVAK & E J NOVAK	RESIDENTIAL	$578,400	138 ft
5155 XERXES AVE S MINNEAPOLIS MN 55410	ERIC C FAITH ET AL	RESIDENTIAL	$694,600	150 ft
5200 XERXES AVE S MINNEAPOLIS MN 55410	A J SIMONSON & T W SIMONSON	RESIDENTIAL	$437,600	164 ft
5200 WASHBURN AVE S MINNEAPOLIS MN 55410	P J MACKEY& S G MALIN	RESIDENTIAL	$630,900	165 ft
5206 XERXES AVE S MINNEAPOLIS MN 55410	R E & G K KATZ-JAMES	RESIDENTIAL	$515,400	171 ft
5204 WASHBURN AVE S MINNEAPOLIS MN 55410	JOHN F DILLERY	RESIDENTIAL	$463,800	172 ft

Property History

Most Recent Sale

Date199501

Price$63,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,510