5852 WASHBURN AVE S MINNEAPOLIS MN 55410

PID: 2002824420085

Property Overview

Parcel ID2002824420085

Lot Size5,103 sq ft (0.117 ac)

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

Year Built1961

Property ClassRESIDENTIAL-TWO UNIT

OwnerC ADRIAN & G ADRIAN

Assessed Value$460,900

Land Value$170,000

Building Value$290,900

Annual Tax$7,036

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2017 · $16K total declared value · Most recent: Jul 2022 (remodel)

RemodelJul 2022Closed

$6K

AMERICAN WATERWORKS

MiscMar 2021Closed

$10K

Black Ladder Restoration LLC

ResMar 2019Closed

JS Plumbing Inc

ResApr 2017Closed

PRIORITY PLUMBING AND DRAINS

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

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 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 small multifamily (2–4 units, wood frame) benchmarks for 2,626 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5856 WASHBURN AVE S MINNEAPOLIS MN 55410	K MARSHALL & M NGUYEN	RESIDENTIAL-TWO UNIT	$472,500	38 ft
5848 WASHBURN AVE S MINNEAPOLIS MN 55410	S E OTTERDAHL ET AL	RESIDENTIAL-TWO UNIT	$484,900	40 ft
5844 WASHBURN AVE S MINNEAPOLIS MN 55410	STEVEN A HAVERLY	RESIDENTIAL-TWO UNIT	$437,800	80 ft
5840 WASHBURN AVE S MINNEAPOLIS MN 55410	JAY R KETTLER	RESIDENTIAL-TWO UNIT	$466,400	120 ft
5900 WASHBURN AVE S MINNEAPOLIS MN 55410	TIMOTHY J RINDELS	RESIDENTIAL-TWO UNIT	$463,900	136 ft
5853 XERXES AVE S MINNEAPOLIS MN 55410	E GUNDLACH & N PETERSON	RESIDENTIAL	$379,500	141 ft
5857 XERXES AVE S MINNEAPOLIS MN 55410	TIMOTHY FREEMAN/KAYLA DENNER	RESIDENTIAL	$324,400	146 ft
5849 XERXES AVE S MINNEAPOLIS MN 55410	JOSE A CABRERA	RESIDENTIAL	$367,200	147 ft
5836 WASHBURN AVE S MINNEAPOLIS MN 55410	G W SKAGGS & B PEZESHKI	RESIDENTIAL-TWO UNIT	$460,900	160 ft
5845 XERXES AVE S MINNEAPOLIS MN 55410	CHRISTOPHER P RHODES	RESIDENTIAL	$355,000	163 ft

Property History

Most Recent Sale

Date202502

Price$550,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,036