216 WASHBURN AVE N MINNEAPOLIS MN 55405

PID: 2002924430116

Property Overview

Parcel ID2002924430116

Lot Size6,397 sq ft (0.147 ac)

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

Year Built1949

Property ClassRESIDENTIAL

OwnerANDREW BELL & STEPHANIE BELL

Assessed Value$418,300

Land Value$219,000

Building Value$199,300

Annual Tax$6,447

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

1 permit on record since 2024 · $5K total declared value · Most recent: Oct 2024 (misc)

MiscOct 2024Closed

$5K

ANDREW H BELL

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

Front Street

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

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width115 ft

Buildable depth10 ft

Area~3,253 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 3,253 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
220 WASHBURN AVE N MINNEAPOLIS MN 55405	WINSTON WILDEBUSH	RESIDENTIAL	$409,200	50 ft
224 WASHBURN AVE N MINNEAPOLIS MN 55405	E F MORITZ & P-D THAO	RESIDENTIAL	$562,800	100 ft
5 WASHBURN AVE S MINNEAPOLIS MN 55405	J L GALLO & S M GALLO	RESIDENTIAL	$826,800	118 ft
211 VINCENT AVE N MINNEAPOLIS MN 55405	G P DALEN & L EBERTOWSKI	RESIDENTIAL	$359,000	141 ft
217 VINCENT AVE N MINNEAPOLIS MN 55405	CORY MATTHEW COX	RESIDENTIAL	$352,600	150 ft
228 WASHBURN AVE N MINNEAPOLIS MN 55405	SHARON M ROSE/JOHN M SCHULTZ	RESIDENTIAL	$581,700	150 ft
2811 CHESTNUT AVE W MINNEAPOLIS MN 55405	STEPHEN M BRYAN	RESIDENTIAL	$313,500	156 ft
221 VINCENT AVE N MINNEAPOLIS MN 55405	CHRISTIEN BELL & ANDREA BELL	RESIDENTIAL	$409,500	174 ft
9 WASHBURN AVE S MINNEAPOLIS MN 55405	C RYAN & A P ONDRACHEK	RESIDENTIAL	$945,000	180 ft
213 WASHBURN AVE N MINNEAPOLIS MN 55405	ABRAMSON SNOW FAMILY TRUST	RESIDENTIAL	$462,300	187 ft

Property History

Most Recent Sale

Date201108

Price$150,000

TypePROBATE DEED

Current Tax Year

Year2026

Tax Due$6,447