4424 UPTON AVE S MINNEAPOLIS MN 55410

PID: 0802824430029

Property Overview

Parcel ID0802824430029

Lot Size5,636 sq ft (0.129 ac)

Lot Dimensions (est.)135 ft wide × 42 ft deep

Year Built1903

Property ClassTRIPLEX

Owner4424 UPTON AVE LLC

Assessed Value$705,400

Land Value$317,000

Building Value$388,400

Annual Tax$13,345

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Development Opportunities

Potentially 4d-Eligible PropertyMedium

Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.

Minneapolis — 4d Affordable Housing Incentive ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Minneapolis

Median reported rent1,625/mo

Renter-occupied17.4%

Median home value$721K

Vacancy rate0.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 106

Market Snapshot

Zip code 55410

Median sale price$626K+10.3% YoY

Median price / sqft$312/sqft

Median days to close30 days

Active listings56

Source: Redfin Data Center (Invalid Date) · Zip 55410

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 width32 ft

Buildable depth94 ft

Area~3,014 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 3,014 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4420 UPTON AVE S MINNEAPOLIS MN 55410	COLLEEN DEVOY	RESIDENTIAL-TWO UNIT	$729,500	42 ft
4426 UPTON AVE S MINNEAPOLIS MN 55410	B SLUTSKER & J SLUTSKER	RESIDENTIAL	$915,200	42 ft
4431 VINCENT AVE S MINNEAPOLIS MN 55410	GABRIEL R GERRING LIV TRUST	VACANT LAND-RESIDENTIAL	$1,100	81 ft
4432 UPTON AVE S MINNEAPOLIS MN 55410	D K WELLS III AND WREN WELLS	RESIDENTIAL	$546,300	83 ft
4416 UPTON AVE S MINNEAPOLIS MN 55410	HOLLY SCHRAM	RESIDENTIAL	$578,900	84 ft
4436 UPTON AVE S MINNEAPOLIS MN 55410	B J AHRENS & S H ZEC	RESIDENTIAL	$755,400	125 ft
4425 VINCENT AVE S MINNEAPOLIS MN 55410	LINDEN HILLS ASSOCIATES LLC	RESIDENTIAL-TWO UNIT	$676,900	134 ft
4429 VINCENT AVE S MINNEAPOLIS MN 55410	GABRIEL R GERRING LIV TRUST	RESIDENTIAL	$703,800	143 ft
4421 VINCENT AVE S MINNEAPOLIS MN 55410	K J KRAMER & S T DODGE	RESIDENTIAL	$620,900	143 ft
4433 VINCENT AVE S MINNEAPOLIS MN 55410	HILL TOP SPRINGS TRUST	RESIDENTIAL-TWO UNIT	$739,000	158 ft

Property History

Most Recent Sale

Date202209

Price$690,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$13,345