1939 WASHBURN AVE N MINNEAPOLIS MN 55411

PID: 1702924130068

Property Overview

Parcel ID1702924130068

Lot Size6,365 sq ft (0.146 ac)

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

Year Built1928

Property ClassRESIDENTIAL

OwnerA SWANSON & A OBERBROECKLING

Assessed Value$310,300

Land Value$46,000

Building Value$264,300

Annual Tax$4,522

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2020 · $36K total declared value · Most recent: Jul 2025 (misc)

MiscJul 2025Closed

$9K

RITE-WAY WATERPROOFING

ExistresMar 2025Closed

Adrian Swanson

RemodelMar 2025Inspection

$20K

Adrian Swanson

ResMar 2025Final Inspection

Nybo Peterson Plumbing Co Inc

ResDec 2024Closed

CenterPoint Energy Resource Corp

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

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~3,490 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 3,490 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
1935 WASHBURN AVE N MINNEAPOLIS MN 55411	GREGORY TAMBORNINO ET AL	RESIDENTIAL	$325,000	50 ft
1943 WASHBURN AVE N MINNEAPOLIS MN 55411	JOEL M BINDER	RESIDENTIAL	$330,300	50 ft
1931 WASHBURN AVE N MINNEAPOLIS MN 55411	JANE A ONGAL0	RESIDENTIAL	$295,000	100 ft
1947 WASHBURN AVE N MINNEAPOLIS MN 55411	SALLIE E BIRDSONG REV TRUST	RESIDENTIAL	$289,500	100 ft
1938 XERXES AVE N MINNEAPOLIS MN 55411	W H WATKINS & A M WATKINS	RESIDENTIAL	$318,400	141 ft
1934 XERXES AVE N MINNEAPOLIS MN 55411	MICHAEL SPLENDORE	RESIDENTIAL	$317,600	149 ft
1942 XERXES AVE N MINNEAPOLIS MN 55411	PHILIP & JODY HAKALA RISTOW	RESIDENTIAL	$413,600	150 ft
1927 WASHBURN AVE N MINNEAPOLIS MN 55411	DANIEL F PFARR	RESIDENTIAL	$391,900	150 ft
1930 XERXES AVE N MINNEAPOLIS MN 55411	ANNA NOREN	RESIDENTIAL	$311,200	172 ft
1946 XERXES AVE N MINNEAPOLIS MN 55411	CHARLES O'NEIL/ERICA O'NEIL	RESIDENTIAL	$447,000	173 ft

Property History

Most Recent Sale

Date202008

Price$265,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,522