3015 60TH ST W MINNEAPOLIS MN 55410

PID: 2002824430171

Property Overview

Parcel ID2002824430171

Lot Size6,381 sq ft (0.146 ac)

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

Year Built1958

Property ClassRESIDENTIAL-TWO UNIT

Owner60TH STREET RENTALS LLC

Assessed Value$402,000

Land Value$138,000

Building Value$264,000

Annual Tax$7,605

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

1 permit on record since 2021 · $10K total declared value · Most recent: Sep 2021 (misc)

MiscSep 2021Closed

$10K

Cedar Custom Builders & Remoders 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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)10 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width112 ft

Buildable depth10 ft

Area~1,134 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 1,134 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
6005 XERXES AVE S MINNEAPOLIS MN 55410	ST SHARBEL RENTALS LLC	RESIDENTIAL-TWO UNIT	$426,600	50 ft
6011 XERXES AVE S MINNEAPOLIS MN 55410	TIMOTHY N GODSILL	RESIDENTIAL-TWO UNIT	$413,800	99 ft
3018 60TH ST W MINNEAPOLIS MN 55410	JAN M EMTER	RESIDENTIAL-TWO UNIT	$457,500	126 ft
6000 WASHBURN AVE S MINNEAPOLIS MN 55410	DOLORIS A STAFFORD	RESIDENTIAL	$394,500	141 ft
6015 XERXES AVE S MINNEAPOLIS MN 55410	S J LERNER & M B FERGUSON	RESIDENTIAL	$416,700	148 ft
6004 WASHBURN AVE S MINNEAPOLIS MN 55410	DANIEL WILCOX	RESIDENTIAL	$331,600	150 ft
6000 XERXES AVE S EDINA MN 55410	HONGTAO ZHU	RESIDENTIAL	$405,000	168 ft
6008 WASHBURN AVE S MINNEAPOLIS MN 55410	M CILZOGLU & H D OZTURK	RESIDENTIAL	$390,300	173 ft
3008 60TH ST W MINNEAPOLIS MN 55410	BRETT MARLIN	RESIDENTIAL-TWO UNIT	$576,700	191 ft
5945 XERXES AVE S MINNEAPOLIS MN 55410	CINDI S FOSTER TRUST	RESIDENTIAL-TWO UNIT	$659,500	195 ft

Property History

Most Recent Sale

Date201203

Price$184,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,605