3854 UPTON AVE N MINNEAPOLIS MN 55412

PID: 0502924420082

Property Overview

Parcel ID0502924420082

Lot Size5,363 sq ft (0.123 ac)

Lot Dimensions (est.)126 ft wide × 42 ft deep

Year Built1941

Property ClassRESIDENTIAL

OwnerVERONICA E TUCKER

Assessed Value$306,800

Land Value$48,000

Building Value$258,800

Annual Tax$4,443

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2021 · $5K total declared value · Most recent: Jan 2023 (misc)

MiscJan 2023Closed

$5K

Snappy Construction Inc

ExistresAug 2021Closed

AQUARIUS HOME SERVICES

ExistresJul 2021Cancelled

Standard Heating and Air Conditioning Inc

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Victory · Minneapolis

Median reported rent1,398/mo

Renter-occupied17.2%

Median home value$256K

Vacancy rate3.9%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 3

Market Snapshot

Zip code 55412

Median sale price$225K-2.2% YoY

Median price / sqft$172/sqft

Median days to close31 days

Active listings67

Source: Redfin Data Center (Invalid Date) · Zip 55412

Zoning

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling 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 width113 ft

Buildable depth2 ft

Area~2,542 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 sfr / adu benchmarks for 2,542 sqft buildable area.

Est. units

Yield on cost

3.1%

Spread

-2.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3850 UPTON AVE N MINNEAPOLIS MN 55412	MARCUS NEIL TOLBERT	RESIDENTIAL	$294,400	42 ft
3846 UPTON AVE N MINNEAPOLIS MN 55412	LUIS CORDERO-CHAVARRIA ET AL	RESIDENTIAL	$257,800	85 ft
3900 UPTON AVE N MINNEAPOLIS MN 55412	K JORGENSON & N SKOY	RESIDENTIAL	$307,300	108 ft
3842 UPTON AVE N MINNEAPOLIS MN 55412	DANIELLE TERRAE BROWN	RESIDENTIAL	$360,500	128 ft
3855 THOMAS AVE N MINNEAPOLIS MN 55412	JOSHUA NELSON & ELLEN NELSON	RESIDENTIAL	$512,000	140 ft
3906 UPTON AVE N MINNEAPOLIS MN 55412	ALEXANDER OLAWSKY-HOLST ETAL	RESIDENTIAL	$283,600	147 ft
3851 THOMAS AVE N MINNEAPOLIS MN 55412	MICHAEL LABRIOLA	TRIPLEX	$391,800	148 ft
3847 THOMAS AVE N MINNEAPOLIS MN 55412	CHRISTIAN W BIORN	APARTMENT	$353,000	168 ft
3838 UPTON AVE N MINNEAPOLIS MN 55412	R S LARSON & A U DAVIS	RESIDENTIAL	$232,400	170 ft
3901 THOMAS AVE N MINNEAPOLIS MN 55412	TAI MARCUS LE	RESIDENTIAL-TWO UNIT	$332,800	176 ft

Property History

Most Recent Sale

Date200906

Price$97,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,443