1935 WASHBURN AVE N MINNEAPOLIS MN 55411

PID: 1702924130067

Property Overview

Parcel ID1702924130067

Lot Size6,366 sq ft (0.146 ac)

Lot Dimensions (est.)127 ft wide × 50 ft deep

Year Built1940

Property ClassRESIDENTIAL

OwnerGREGORY TAMBORNINO ET AL

Assessed Value$325,000

Land Value$46,000

Building Value$279,000

Annual Tax$4,767

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Development Opportunities

Area of Concentrated PovertyHigh

In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.

Minneapolis — Affordable Housing Trust Fund ↗

Potential programs

Great Streets Gap FinancingMedium

Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.

Minneapolis Great Streets — Gap Financing ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Willard - Hay · Minneapolis

Median reported rent1,168/mo

Renter-occupied38.0%

Median home value$240K

Vacancy rate9.1%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1020

Market Snapshot

Zip code 55411

Median sale price$243K-2.9% YoY

Median price / sqft$140/sqft

Median days to close40 days

Active listings67

Source: Redfin Data Center (Invalid Date) · Zip 55411

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 width40 ft

Buildable depth87 ft

Area~3,491 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 3,491 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1931 WASHBURN AVE N MINNEAPOLIS MN 55411	JANE A ONGAL0	RESIDENTIAL	$295,000	50 ft
1939 WASHBURN AVE N MINNEAPOLIS MN 55411	A SWANSON & A OBERBROECKLING	RESIDENTIAL	$310,300	50 ft
1927 WASHBURN AVE N MINNEAPOLIS MN 55411	DANIEL F PFARR	RESIDENTIAL	$391,900	100 ft
1943 WASHBURN AVE N MINNEAPOLIS MN 55411	JOEL M BINDER	RESIDENTIAL	$330,300	100 ft
1934 XERXES AVE N MINNEAPOLIS MN 55411	MICHAEL SPLENDORE	RESIDENTIAL	$317,600	141 ft
1930 XERXES AVE N MINNEAPOLIS MN 55411	ANNA NOREN	RESIDENTIAL	$311,200	149 ft
1938 XERXES AVE N MINNEAPOLIS MN 55411	W H WATKINS & A M WATKINS	RESIDENTIAL	$318,400	150 ft
1923 WASHBURN AVE N MINNEAPOLIS MN 55411	RONALD J HALL	RESIDENTIAL	$316,000	150 ft
1947 WASHBURN AVE N MINNEAPOLIS MN 55411	SALLIE E BIRDSONG REV TRUST	RESIDENTIAL	$289,500	150 ft
1926 XERXES AVE N MINNEAPOLIS MN 55411	THRESHOLD RENTALS LLC	RESIDENTIAL	$294,900	172 ft

Property History

Most Recent Sale

Date202407

Price$377,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,767