221 WASHBURN AVE N MINNEAPOLIS MN 55405

PID: 2002924430089

Property Overview

Parcel ID2002924430089

Lot Size6,398 sq ft (0.147 ac)

Lot Dimensions (est.)128 ft wide × 50 ft deep

Year Built1941

Property ClassRESIDENTIAL

OwnerMARJA FOX

Assessed Value$551,800

Land Value$219,000

Building Value$332,800

Annual Tax$8,686

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2023 · $38K total declared value · Most recent: Jan 2025 (existres)

ExistresJan 2025Closed

Standard Heating and Air Conditioning Inc

ResDec 2024Closed

CenterPoint Energy Resource Corp

MiscOct 2024Closed

$28K

SCHERER BROTHERS LUMBER CO

MiscNov 2023Closed

$10K

BOLECHOWSKI CONSTRUCTION LLC

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 width40 ft

Buildable depth88 ft

Area~3,517 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 3,517 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
225 WASHBURN AVE N MINNEAPOLIS MN 55405	KAREN MARIE LENNAN	RESIDENTIAL	$421,800	50 ft
217 WASHBURN AVE N MINNEAPOLIS MN 55405	A H BELL & S S BELL	RESIDENTIAL	$405,900	50 ft
233 WASHBURN AVE N MINNEAPOLIS MN 55405	DEBORAH J & JOHN J WELTON	RESIDENTIAL	$427,400	100 ft
213 WASHBURN AVE N MINNEAPOLIS MN 55405	ABRAMSON SNOW FAMILY TRUST	RESIDENTIAL	$462,300	100 ft
220 XERXES AVE N MINNEAPOLIS MN 55405	M E RECKIN & J J BOMMENTRE	RESIDENTIAL	$675,400	139 ft
224 XERXES AVE N MINNEAPOLIS MN 55405	LUCINDA M MCCRAY	RESIDENTIAL	$419,500	139 ft
237 WASHBURN AVE N MINNEAPOLIS MN 55405	R DOWNING & G DOWNING	RESIDENTIAL	$427,600	150 ft
228 XERXES AVE N MINNEAPOLIS MN 55405	BERNARD B ENGLE	RESIDENTIAL	$389,900	150 ft
216 XERXES AVE N MINNEAPOLIS MN 55405	LINDA J RIBBACH	RESIDENTIAL	$368,200	157 ft
232 XERXES AVE N MINNEAPOLIS MN 55405	J E CLASSEN & J L REMINGTON	RESIDENTIAL	$457,000	173 ft

Property History

Most Recent Sale

Date200705

Price$295,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,686