5711 XERXES AVE S MINNEAPOLIS MN 55410

PID: 2002824130080

Property Overview

Parcel ID2002824130080

Lot Size6,338 sq ft (0.145 ac)

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

Year Built1958

Property ClassRESIDENTIAL-TWO UNIT

OwnerJAMES PRINCE

Assessed Value$537,200

Land Value$152,000

Building Value$385,200

Annual Tax$10,162

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2020 · $31K total declared value · Most recent: Feb 2026 (res)

ResFeb 2026Inspection

Water Heaters Now Inc

ResFeb 2021Closed

Goss Plumbing Inc

ExistresAug 2020Closed

ACCLAIM SERVICES INC

ExistresAug 2020Closed

Seasonal Control Mechanical Division Inc

ResJul 2020Closed

LIBERTY PLUMBING CO LLC

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 width40 ft

Buildable depth87 ft

Area~3,471 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 3-story wood frame (5–12 units) benchmarks for 3,471 sqft buildable area.

Est. units

Yield on cost

4.1%

Spread

-1.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5717 XERXES AVE S MINNEAPOLIS MN 55410	M RISKEN & V A RISKEN	RESIDENTIAL-TWO UNIT	$439,400	50 ft
5707 XERXES AVE S MINNEAPOLIS MN 55410	RAUHAT LLC	RESIDENTIAL-TWO UNIT	$410,200	50 ft
5721 XERXES AVE S MINNEAPOLIS MN 55410	BRYAN J VAN HOOF	RESIDENTIAL-TWO UNIT	$422,100	95 ft
3021 57TH ST W MINNEAPOLIS MN 55410	BEAU LARSON & EMMA L CLABO	RESIDENTIAL-TWO UNIT	$420,000	100 ft
5725 XERXES AVE S MINNEAPOLIS MN 55410	N HOLCOMB & A HOLCOMB	RESIDENTIAL-TWO UNIT	$517,500	135 ft
5712 WASHBURN AVE S MINNEAPOLIS MN 55410	S M FRIEDMAN & S M FRIEDMAN	RESIDENTIAL	$653,000	142 ft
5708 WASHBURN AVE S MINNEAPOLIS MN 55410	SUSAN M MAHLER	RESIDENTIAL	$346,600	143 ft
5716 WASHBURN AVE S MINNEAPOLIS MN 55410	DONALD T HULTMANN	RESIDENTIAL	$314,000	152 ft
5704 WASHBURN AVE S MINNEAPOLIS MN 55410	L S FREEDING/A R FREEDING	RESIDENTIAL	$302,800	155 ft
5720 WASHBURN AVE S MINNEAPOLIS MN 55410	ANDREW G PELLINGTON ET AL	RESIDENTIAL	$401,800	171 ft

Property History

Most Recent Sale

Date202207

Price$545,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$10,162