5737 XERXES AVE S MINNEAPOLIS MN 55410

PID: 2002824130074

Property Overview

Parcel ID2002824130074

Lot Size5,080 sq ft (0.117 ac)

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

Year Built1960

Property ClassRESIDENTIAL-TWO UNIT

OwnerDUNBAR PROPERTIES 5737/5739

Assessed Value$432,300

Land Value$138,000

Building Value$294,300

Annual Tax$8,178

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2024 · $8K total declared value · Most recent: Dec 2025 (res)

ResDec 2025Inspection

Warners Stellian Co Inc

ExistresMay 2024Expired

$8K

Midwest Maintenance and Mechanical 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~2,610 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 2,610 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
5741 XERXES AVE S MINNEAPOLIS MN 55410	BRYAN KUBES & LAURA KUBES	RESIDENTIAL-TWO UNIT	$401,100	40 ft
5733 XERXES AVE S MINNEAPOLIS MN 55410	RICHARD DUNBAR	RESIDENTIAL-TWO UNIT	$440,500	40 ft
5745 XERXES AVE S MINNEAPOLIS MN 55410	DUNBAR PROPERTIES-5745 LLC	RESIDENTIAL-TWO UNIT	$401,100	80 ft
5729 XERXES AVE S MINNEAPOLIS MN 55410	RICHARD J DUNBAR	RESIDENTIAL-TWO UNIT	$435,200	80 ft
5725 XERXES AVE S MINNEAPOLIS MN 55410	N HOLCOMB & A HOLCOMB	RESIDENTIAL-TWO UNIT	$517,500	120 ft
5749 XERXES AVE S MINNEAPOLIS MN 55410	JAMPA DHARGYE/JAMPA DARGYE	RESIDENTIAL-TWO UNIT	$460,900	120 ft
5736 WASHBURN AVE S MINNEAPOLIS MN 55410	SARAH S MURRAY	RESIDENTIAL	$381,000	141 ft
5740 WASHBURN AVE S MINNEAPOLIS MN 55410	WHITNEY LAUREN BERGEN	RESIDENTIAL	$433,600	147 ft
5730 WASHBURN AVE S MINNEAPOLIS MN 55410	SMITH LIVING TRUST	RESIDENTIAL	$515,600	157 ft
5721 XERXES AVE S MINNEAPOLIS MN 55410	BRYAN J VAN HOOF	RESIDENTIAL-TWO UNIT	$422,100	159 ft

Property History

Most Recent Sale

Date198811

Price$103,700

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$8,178