1108 WASHBURN AVE S MINNEAPOLIS MN 55405

PID: 2902924420017

Property Overview

Parcel ID2902924420017

Lot Size8,442 sq ft (0.194 ac)

Lot Dimensions (est.)174 ft wide × 49 ft deep

Year Built1927

Property ClassRESIDENTIAL

OwnerJEREMY R JENUM/NANCY L LUXON

Assessed Value$776,700

Land Value$260,000

Building Value$516,700

Annual Tax$12,945

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

8 permits on record since 2010 · $153K total declared value · Most recent: May 2024 (misc)

MiscMay 2024Closed

$21K

KAUFMAN SHEET METAL ROOFING INC

ResJul 2023Closed

Freedom Mechanical LLP

RemodelJul 2023Closed

$30K

WB BUILDERS LLC

ExistresJul 2023Closed

Sayler Heating & Air Conditioning Inc

MiscJun 2022Closed

$450

Twin City Roofing Construction Specialist Inc

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 width42 ft

Buildable depth122 ft

Area~5,112 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 5,112 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1104 WASHBURN AVE S MINNEAPOLIS MN 55405	M T CLOUTIER & R L RIDGEWAY	RESIDENTIAL	$459,000	51 ft
1112 WASHBURN AVE S MINNEAPOLIS MN 55405	DOROTHY L ODLAND	RESIDENTIAL	$521,200	52 ft
1116 WASHBURN AVE S MINNEAPOLIS MN 55405	SHANE R/KRISTEN N SCHROEDER	RESIDENTIAL	$761,600	102 ft
1100 WASHBURN AVE S MINNEAPOLIS MN 55405	K SIMMONS & J M SIMMONS	RESIDENTIAL	$1,015,000	105 ft
1109 XERXES AVE S MINNEAPOLIS MN 55405	LAWRENCE J FRIED TRUST	RESIDENTIAL	$513,500	148 ft
1120 WASHBURN AVE S MINNEAPOLIS MN 55405	J R HORAN & R M DREAGER	RESIDENTIAL	$491,300	155 ft
1129 CEDAR LAKE RD S MINNEAPOLIS MN 55405	C K ROSEBROOK & M D ATTRIDGE	RESIDENTIAL	$754,400	160 ft
1115 XERXES AVE S MINNEAPOLIS MN 55405	JARED MEHRE	RESIDENTIAL	$486,800	161 ft
1117 XERXES AVE S MINNEAPOLIS MN 55405	SHARON K BOCHERT	RESIDENTIAL	$574,700	187 ft
1115 WASHBURN AVE S MINNEAPOLIS MN 55405	M A APPLEMAN & M K APPLEMAN	RESIDENTIAL	$576,900	192 ft

Property History

Most Recent Sale

Date201608

Price$587,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$12,945