1132 WASHBURN AVE S MINNEAPOLIS MN 55405

PID: 2902924420131

Property Overview

Parcel ID2902924420131

Lot Size4,113 sq ft (0.094 ac)

Lot Dimensions (est.)80 ft wide × 52 ft deep

Year Built2010

Property ClassRESIDENTIAL

OwnerDAVID LAROSE & STACY BUSACK

Assessed Value$796,000

Land Value$186,000

Building Value$610,000

Annual Tax$13,310

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2010 · $772K total declared value · Most recent: Nov 2023 (existres)

ExistresNov 2023Expired

ST PAUL PLUMBING AND HEATING CO INC

ResNov 2023Expired

ST PAUL PLUMBING AND HEATING CO INC

ExistresJul 2020Closed

TWIN CITY HEATING AND AIR

BinbMay 2010

$772K

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 width44 ft

Buildable depth36 ft

Area~1,593 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 1,593 sqft buildable area.

Est. units

Yield on cost

3.0%

Spread

-2.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1128 WASHBURN AVE S MINNEAPOLIS MN 55405	CAITLIN JONES	RESIDENTIAL	$370,300	53 ft
1133 XERXES AVE S MINNEAPOLIS MN 55405	A GOODMAN & J GOODMAN	RESIDENTIAL	$650,900	86 ft
1137 XERXES AVE S MINNEAPOLIS MN 55405	W N & S M ROBINER	RESIDENTIAL	$759,100	89 ft
1129 XERXES AVE S MINNEAPOLIS MN 55405	LINDA N OAKES	RESIDENTIAL	$401,100	103 ft
1124 WASHBURN AVE S MINNEAPOLIS MN 55405	KARL NYGREN & KELLY TROM	RESIDENTIAL	$520,800	105 ft
1140 WASHBURN AVE S MINNEAPOLIS MN 55405	C D DONNELL & S B HARRIS	RESIDENTIAL	$576,200	115 ft
1125 XERXES AVE S MINNEAPOLIS MN 55405	M SKORO & R REZAC	RESIDENTIAL	$571,700	131 ft
1137 WASHBURN AVE S MINNEAPOLIS MN 55405	C B WRIGHT III & D J WRIGHT	RESIDENTIAL	$654,700	160 ft
1120 WASHBURN AVE S MINNEAPOLIS MN 55405	J R HORAN & R M DREAGER	RESIDENTIAL	$491,300	162 ft
1131 WASHBURN AVE S MINNEAPOLIS MN 55405	K S ENGEL & D B ENGEL	RESIDENTIAL	$563,500	165 ft

Property History

Most Recent Sale

Date202201

Price$734,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$13,310