5853 WASHBURN AVE S MINNEAPOLIS MN 55410

PID: 2002824420070

Property Overview

Parcel ID2002824420070

Lot Size5,102 sq ft (0.117 ac)

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

Year Built1976

Property ClassRESIDENTIAL

OwnerA M MARASIGAN/S J MARASIGAN

Assessed Value$631,700

Land Value$170,000

Building Value$461,700

Annual Tax$10,377

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2018 · $173K total declared value · Most recent: Dec 2018 (res)

ResDec 2018Closed

All Pride Plumbing Inc

ExistresNov 2018Closed

Perfection Heating and Air Conditioning Inc

ExistresOct 2018Cancelled

Perfection Heating and Air Conditioning Inc

AdditionJul 2018Closed

$173K

JDC CONTRACTING 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

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth88 ft

Area~2,626 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 sfr / adu benchmarks for 2,626 sqft buildable area.

Est. units

Yield on cost

2.5%

Spread

-3.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5857 WASHBURN AVE S MINNEAPOLIS MN 55410	A OPITZ & C SAIOTE	RESIDENTIAL	$692,400	38 ft
5901 WASHBURN AVE S MINNEAPOLIS MN 55410	DAVID M VALENCIA	RESIDENTIAL	$380,000	136 ft
5852 VINCENT AVE S MINNEAPOLIS MN 55410	4407 PORTLAND LLC	RESIDENTIAL	$356,000	141 ft
5848 VINCENT AVE S MINNEAPOLIS MN 55410	RAMON & EVELYN SUAREZ	RESIDENTIAL	$339,000	146 ft
5856 VINCENT AVE S MINNEAPOLIS MN 55410	DICKEY LHADON/NORBU SAMPHEL	RESIDENTIAL	$336,000	146 ft
5844 VINCENT AVE S MINNEAPOLIS MN 55410	J W NEIMAN & K L NEIMAN	RESIDENTIAL	$639,100	162 ft
5905 WASHBURN AVE S MINNEAPOLIS MN 55410	K KALRA & M R KALRA	RESIDENTIAL	$373,000	176 ft
5840 VINCENT AVE S MINNEAPOLIS MN 55410	DAVID P & HAILEY B WOODFILL	RESIDENTIAL	$343,100	185 ft
5852 WASHBURN AVE S MINNEAPOLIS MN 55410	C ADRIAN & G ADRIAN	RESIDENTIAL-TWO UNIT	$460,900	187 ft
5856 WASHBURN AVE S MINNEAPOLIS MN 55410	K MARSHALL & M NGUYEN	RESIDENTIAL-TWO UNIT	$472,500	190 ft

Property History

Most Recent Sale

Date201805

Price$189,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$10,377