1015 WASHBURN AVE N MINNEAPOLIS MN 55411

PID: 2002924120122

Property Overview

Parcel ID2002924120122

Lot Size27,592 sq ft (0.633 ac)

Lot Dimensions (est.)271 ft wide × 102 ft deep

Year Built1938

Property ClassRESIDENTIAL

OwnerBEVERLY M WILDERSON

Assessed Value$520,600

Land Value$81,000

Building Value$439,600

Annual Tax$8,096

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Development Opportunities

Area of Concentrated PovertyHigh

In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.

Minneapolis — Affordable Housing Trust Fund ↗

Potential programs

Great Streets Gap FinancingMedium

Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.

Minneapolis Great Streets — Gap Financing ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Minneapolis

Median reported rent1,203/mo

Renter-occupied33.4%

Median home value$254K

Vacancy rate1.0%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 32

Market Snapshot

Zip code 55411

Median sale price$243K-2.9% YoY

Median price / sqft$140/sqft

Median days to close40 days

Active listings67

Source: Redfin Data Center (Invalid Date) · Zip 55411

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 width261 ft

Buildable depth62 ft

Area~20,704 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 20,704 sqft buildable area.

Est. units

Yield on cost

4.4%

Spread

-1.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1025 WASHBURN AVE N MINNEAPOLIS MN 55411	BRENDA LEE HANSON	RESIDENTIAL	$384,300	82 ft
2908 OAK PARK AVE N MINNEAPOLIS MN 55411	ALBERT L HUDSON & WIFE	RESIDENTIAL	$263,000	105 ft
2916 OAK PARK AVE N MINNEAPOLIS MN 55411	LORRAINE MANDERVILLE	RESIDENTIAL	$232,000	106 ft
2924 OAK PARK AVE N MINNEAPOLIS MN 55411	FELEICIA WILCHER	RESIDENTIAL	$203,000	139 ft
2900 OAK PARK AVE N MINNEAPOLIS MN 55411	GERI L WILLIAMS	RESIDENTIAL	$265,000	145 ft
1035 WASHBURN AVE N MINNEAPOLIS MN 55411	CARL L ELLER	RESIDENTIAL	$596,800	172 ft
1014 WASHBURN AVE N MINNEAPOLIS MN 55411	HELEN WILLIAMS ETAL	RESIDENTIAL	$339,800	267 ft
1020 WASHBURN AVE N MINNEAPOLIS MN 55411	PATRICK M WILSON	RESIDENTIAL	$378,000	273 ft
2913 OAK PARK AVE N MINNEAPOLIS MN 55411	HENNEPIN FORFEITED LAND	VACANT LAND-RESIDENTIAL	$0	274 ft
1010 WASHBURN AVE N MINNEAPOLIS MN 55411	S J FRAME & F S HENDERSON	RESIDENTIAL	$328,500	274 ft

Property History

Current Tax Year

Year2026

Tax Due$8,096