5741 XERXES AVE S MINNEAPOLIS MN 55410

PID: 2002824130073

Property Overview

Parcel ID2002824130073

Lot Size5,081 sq ft (0.117 ac)

Lot Dimensions (est.)127 ft wide × 40 ft deep

Year Built1959

Property ClassRESIDENTIAL-TWO UNIT

OwnerBRYAN KUBES & LAURA KUBES

Assessed Value$401,100

Land Value$138,000

Building Value$263,100

Annual Tax$7,588

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2018 · Most recent: Jun 2020 (existres)

ExistresJun 2020Closed

Dean's Professional Plumbing Inc

ExistresJun 2018Closed

Dean's Professional Plumbing Inc

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

Neighborhood Profile

Armatage · Minneapolis

Median reported rent2,052/mo

Renter-occupied15.4%

Median home value$393K

Vacancy rate2.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 120.01

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth87 ft

Area~2,611 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 2,611 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5745 XERXES AVE S MINNEAPOLIS MN 55410	DUNBAR PROPERTIES-5745 LLC	RESIDENTIAL-TWO UNIT	$401,100	40 ft
5737 XERXES AVE S MINNEAPOLIS MN 55410	DUNBAR PROPERTIES 5737/5739	RESIDENTIAL-TWO UNIT	$432,300	40 ft
5733 XERXES AVE S MINNEAPOLIS MN 55410	RICHARD DUNBAR	RESIDENTIAL-TWO UNIT	$440,500	80 ft
5749 XERXES AVE S MINNEAPOLIS MN 55410	JAMPA DHARGYE/JAMPA DARGYE	RESIDENTIAL-TWO UNIT	$460,900	80 ft
5753 XERXES AVE S MINNEAPOLIS MN 55410	J S TSCHOHL & P J TSCHOHL	RESIDENTIAL-TWO UNIT	$364,000	120 ft
5729 XERXES AVE S MINNEAPOLIS MN 55410	RICHARD J DUNBAR	RESIDENTIAL-TWO UNIT	$435,200	120 ft
5740 WASHBURN AVE S MINNEAPOLIS MN 55410	WHITNEY LAUREN BERGEN	RESIDENTIAL	$433,600	141 ft
5744 WASHBURN AVE S MINNEAPOLIS MN 55410	JEROME G HEPOLA	RESIDENTIAL	$369,600	147 ft
5736 WASHBURN AVE S MINNEAPOLIS MN 55410	SARAH S MURRAY	RESIDENTIAL	$381,000	149 ft
5757 XERXES AVE S MINNEAPOLIS MN 55410	J ZIEGLER/S MCINTOSH ZIEGLER	RESIDENTIAL	$443,000	159 ft

Property History

Most Recent Sale

Date201306

Price$240,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,588