306 XERXES AVE N MINNEAPOLIS MN 55405

PID: 2002924430033

Property Overview

Parcel ID2002924430033

Lot Size7,687 sq ft (0.176 ac)

Lot Dimensions (est.)128 ft wide × 60 ft deep

Year Built1954

Property ClassRESIDENTIAL

OwnerT F NOVACHECK/G S NOVACHECK

Assessed Value$483,100

Land Value$284,000

Building Value$199,100

Annual Tax$7,402

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

10 permits on record since 2019 · $142K total declared value · Most recent: Dec 2024 (res)

ResDec 2024Closed

CenterPoint Energy Resource Corp

ExistresApr 2024Closed

BONFES PLUMBING HEATING AND AIR SERVICE INC

MiscAug 2023Closed

$6K

WALKER ROOFING CO

RemodelMay 2023Closed

$8K

HOUSE LIFT REMODELER

AdditionMar 2023Expired

$86K

Patio Enclosures

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Bryn - Mawr · Minneapolis

Median reported rent1,697/mo

Renter-occupied14.8%

Median home value$467K

Vacancy rate0.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1051

Market Snapshot

Zip code 55405

Median sale price$530K+73.8% YoY

Median price / sqft$270/sqft

Median days to close45 days

Active listings39

Source: Redfin Data Center (Invalid Date) · Zip 55405

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 width50 ft

Buildable depth88 ft

Area~4,404 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 4,404 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
280 XERXES AVE N MINNEAPOLIS MN 55405	RACHEL L FREMAN	RESIDENTIAL	$486,100	67 ft
318 XERXES AVE N MINNEAPOLIS MN 55405	ALAN B AUS	RESIDENTIAL	$450,700	77 ft
307 WASHBURN AVE N MINNEAPOLIS MN 55405	CHERYL M BENNETT	RESIDENTIAL	$333,200	142 ft
276 XERXES AVE N MINNEAPOLIS MN 55405	SAMUEL KNUTH/KATHERINE KNUTH	RESIDENTIAL	$485,000	142 ft
311 WASHBURN AVE N MINNEAPOLIS MN 55405	JILL R BEHNKE	RESIDENTIAL	$362,300	145 ft
301 WASHBURN AVE N MINNEAPOLIS MN 55405	WILLIAM C VIEBAHN W/L EST	RESIDENTIAL	$464,200	152 ft
315 WASHBURN AVE N MINNEAPOLIS MN 55405	JOLENE R BEHNKE	RESIDENTIAL	$481,000	158 ft
299 WASHBURN AVE N MINNEAPOLIS MN 55405	SUSAN M MCLEAN TRUSTEE	RESIDENTIAL	$423,100	176 ft
319 WASHBURN AVE N MINNEAPOLIS MN 55405	CATHERINE J ROHRMAN	RESIDENTIAL	$445,200	180 ft
2919 GLENWOOD AVE MINNEAPOLIS MN 55405	DARRYL G CARTER	VACANT LAND-RESIDENTIAL	$191,000	187 ft

Property History

Most Recent Sale

Date201905

Price$460,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,402