1133 XERXES AVE S MINNEAPOLIS MN 55405

PID: 2902924420132

Property Overview

Parcel ID2902924420132

Lot Size4,896 sq ft (0.112 ac)

Lot Dimensions (est.)96 ft wide × 51 ft deep

Year Built1927

Property ClassRESIDENTIAL

OwnerA GOODMAN & J GOODMAN

Assessed Value$650,900

Land Value$206,000

Building Value$444,900

Annual Tax$10,565

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2023 · $30K total declared value · Most recent: Oct 2024 (res)

ResOct 2024Closed

MN Plumbing & Home Services INC

ExistresMar 2024Expired

4Front Energy Solutions Inc

MiscSep 2023Closed

$30K

SELA ROOFING AND REMODELING 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 width40 ft

Buildable depth58 ft

Area~2,294 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 2,294 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1129 XERXES AVE S MINNEAPOLIS MN 55405	LINDA N OAKES	RESIDENTIAL	$401,100	50 ft
1137 XERXES AVE S MINNEAPOLIS MN 55405	W N & S M ROBINER	RESIDENTIAL	$759,100	79 ft
1132 WASHBURN AVE S MINNEAPOLIS MN 55405	DAVID LAROSE & STACY BUSACK	RESIDENTIAL	$796,000	86 ft
1125 XERXES AVE S MINNEAPOLIS MN 55405	M SKORO & R REZAC	RESIDENTIAL	$571,700	100 ft
1128 WASHBURN AVE S MINNEAPOLIS MN 55405	CAITLIN JONES	RESIDENTIAL	$370,300	101 ft
1201 LAKEVIEW AVE S MINNEAPOLIS MN 55416	LILY YU REVOCABLE TRUST	RESIDENTIAL	$561,700	146 ft
1124 WASHBURN AVE S MINNEAPOLIS MN 55405	KARL NYGREN & KELLY TROM	RESIDENTIAL	$520,800	148 ft
1121 XERXES AVE S MINNEAPOLIS MN 55405	T P SALDEN & N M SALDEN	RESIDENTIAL	$608,900	150 ft
1140 WASHBURN AVE S MINNEAPOLIS MN 55405	C D DONNELL & S B HARRIS	RESIDENTIAL	$576,200	165 ft
1164 CEDAR VIEW DR MINNEAPOLIS MN 55405	VICKY S ERCOLANI TRUST	RESIDENTIAL	$663,000	178 ft

Property History

Most Recent Sale

Date202004

Price$630,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$10,565