3958 UPTON AVE N MINNEAPOLIS MN 55412

PID: 0502924420139

Property Overview

Parcel ID0502924420139

Lot Size4,269 sq ft (0.098 ac)

Lot Dimensions (est.)126 ft wide × 34 ft deep

Year Built1961

Property ClassRESIDENTIAL

OwnerKEE SHEN YIM

Assessed Value$278,300

Land Value$43,000

Building Value$235,300

Annual Tax$3,970

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2017 · $61K total declared value · Most recent: Aug 2024 (existres)

ExistresAug 2024Closed

Home Energy Center Inc

MiscAug 2019Closed

$61K

CAPITAL SIDING AND WINDOWS

ResDec 2017Closed

Urban Pine Plumbing and Mechanical 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 depth0 ft

Area~1,795 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 1,795 sqft buildable area.

Est. units

Yield on cost

2.2%

Spread

-3.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3954 UPTON AVE N MINNEAPOLIS MN 55412	THOMAS MAHER	RESIDENTIAL	$242,600	37 ft
3950 UPTON AVE N MINNEAPOLIS MN 55412	IAN A SKEMP & J C QUINONEZ	RESIDENTIAL	$297,300	77 ft
3946 UPTON AVE N MINNEAPOLIS MN 55412	RYAN B JIROUTEK	RESIDENTIAL	$325,000	117 ft
2601 40TH AVE N MINNEAPOLIS MN 55412	ALEC Q HAMBURG	RESIDENTIAL	$266,900	141 ft
3951 THOMAS AVE N MINNEAPOLIS MN 55412	3951 THOMAS AVE N LLC	RESIDENTIAL	$241,000	156 ft
3942 UPTON AVE N MINNEAPOLIS MN 55412	JESSICA VOSTINAR	RESIDENTIAL	$261,100	157 ft
3947 THOMAS AVE N MINNEAPOLIS MN 55412	CHRISTOPHER ANDERSON	RESIDENTIAL	$255,200	184 ft
3959 UPTON AVE N MINNEAPOLIS MN 55412	ALEX KALINA	RESIDENTIAL	$229,600	187 ft
3955 UPTON AVE N MINNEAPOLIS MN 55412	JAMES C SLETTEHAUGH	RESIDENTIAL	$308,000	190 ft
3938 UPTON AVE N MINNEAPOLIS MN 55412	MARTINA SCOTT	RESIDENTIAL	$316,500	197 ft

Property History

Most Recent Sale

Date202302

Price$300,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,970