5256 WASHBURN AVE S MINNEAPOLIS MN 55410

PID: 1702824430138

Property Overview

Parcel ID1702824430138

Lot Size7,659 sq ft (0.176 ac)

Lot Dimensions (est.)128 ft wide × 60 ft deep

Year Built1926

Property ClassRESIDENTIAL

OwnerSUSAN K SWENSON REV TRUST

Assessed Value$502,900

Land Value$279,000

Building Value$223,900

Annual Tax$7,743

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2017 · $19K total declared value · Most recent: Nov 2020 (existres)

ExistresNov 2020Closed

Midland HVAC LLC

AdditionJul 2020Closed

$4K

WB BUILDERS LLC

ResDec 2018Closed

CenterPoint Energy Resource Corp

ExistresJul 2017Closed

TEAM MECHANICAL INC

ResJun 2017Closed

Sheppard Plumbing INC

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

Neighborhood Profile

Fulton · Minneapolis

Median reported rent1,771/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 depth20 ft

Area~4,118 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 4,118 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5250 WASHBURN AVE S MINNEAPOLIS MN 55410	MITCHELL RADIN/HILLARY SYMAN	RESIDENTIAL	$536,500	60 ft
5246 WASHBURN AVE S MINNEAPOLIS MN 55410	C M DEMULLING, D M DEMULLING	RESIDENTIAL	$479,100	110 ft
5300 WASHBURN AVE S MINNEAPOLIS MN 55410	STEVE LYSTER/HEATHER COOLEY	RESIDENTIAL	$366,300	115 ft
5257 XERXES AVE S MINNEAPOLIS MN 55410	LYNETTE MARIE WILBUR	RESIDENTIAL	$555,300	140 ft
5253 XERXES AVE S MINNEAPOLIS MN 55410	D C & C C TAYLOR	RESIDENTIAL	$388,100	144 ft
5240 WASHBURN AVE S MINNEAPOLIS MN 55410	T K CHAU & D B CHAU	RESIDENTIAL	$472,200	150 ft
5251 XERXES AVE S MINNEAPOLIS MN 55410	PAULETTE M RUTHFORD TRUST	RESIDENTIAL	$415,200	158 ft
5304 WASHBURN AVE S MINNEAPOLIS MN 55410	WING LIVING TRUST	RESIDENTIAL	$1,107,500	165 ft
5301 XERXES AVE S MINNEAPOLIS MN 55410	KATHLEEN R FREY	RESIDENTIAL	$430,800	178 ft
5247 XERXES AVE S MINNEAPOLIS MN 55410	K SCHULTES & C SCHULTES	RESIDENTIAL	$441,000	180 ft

Property History

Most Recent Sale

Date198703

Price$86,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$7,743