5924 WASHBURN AVE S MINNEAPOLIS MN 55410

PID: 2002824420106

Property Overview

Parcel ID2002824420106

Lot Size5,106 sq ft (0.117 ac)

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

Year Built1961

Property ClassRESIDENTIAL-TWO UNIT

OwnerHOLLIE BONNES

Assessed Value$487,400

Land Value$170,000

Building Value$317,400

Annual Tax$8,350

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2023 · $35K total declared value · Most recent: Sep 2023 (existres)

ExistresSep 2023Expired

Metro Heating & Cooling LLC

MiscAug 2023Closed

$21K

MNSOTA Construction

MiscFeb 2023Closed

$13K

THE HOME DEPOT

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~2,629 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 2,629 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
5920 WASHBURN AVE S MINNEAPOLIS MN 55410	DANIEL J SCOTT	RESIDENTIAL-TWO UNIT	$466,400	40 ft
5928 WASHBURN AVE S MINNEAPOLIS MN 55410	BEATRIZ SANDOVAL SANCHEZ	RESIDENTIAL-TWO UNIT	$492,400	40 ft
5916 WASHBURN AVE S MINNEAPOLIS MN 55410	A M LEVIN & S L LEVIN	RESIDENTIAL-TWO UNIT	$466,400	80 ft
5932 WASHBURN AVE S MINNEAPOLIS MN 55410	C R OGANDO & D L SPINNER	RESIDENTIAL-TWO UNIT	$466,400	80 ft
5912 WASHBURN AVE S MINNEAPOLIS MN 55410	S ROBINSON & A ROBINSON	TRIPLEX	$486,700	120 ft
5936 WASHBURN AVE S MINNEAPOLIS MN 55410	NATHAN MCDONALD	RESIDENTIAL-TWO UNIT	$442,900	120 ft
5925 XERXES AVE S MINNEAPOLIS MN 55410	BARBARA J DELAPP	RESIDENTIAL	$325,000	141 ft
5929 XERXES AVE S MINNEAPOLIS MN 55410	MARY E RAMCZYK	RESIDENTIAL	$273,000	146 ft
5921 XERXES AVE S MINNEAPOLIS MN 55410	KATHERINE P ROSOK	RESIDENTIAL	$319,000	147 ft
5908 WASHBURN AVE S MINNEAPOLIS MN 55410	WUEST BROTHERS LLC	RESIDENTIAL-TWO UNIT	$466,400	161 ft

Property History

Most Recent Sale

Date202009

Price$410,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,350