3501 UPTON AVE N MINNEAPOLIS MN 55412

PID: 0802924120057

Property Overview

Parcel ID0802924120057

Lot Size5,039 sq ft (0.116 ac)

Lot Dimensions (est.)126 ft wide × 40 ft deep

Year Built1940

Property ClassRESIDENTIAL

OwnerC A SAETE & K M SAETE

Assessed Value$212,000

Land Value$31,000

Building Value$181,000

Annual Tax$2,870

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

1 permit on record since 2018 · $6K total declared value · Most recent: Oct 2018 (misc)

MiscOct 2018Closed

$6K

Anthony J Staneart

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

Neighborhood Profile

Minneapolis

Median reported rent2,095/mo

Renter-occupied19.2%

Median home value$227K

Vacancy rate4.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1007

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~2,321 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 2,321 sqft buildable area.

Est. units

Yield on cost

1.7%

Spread

-3.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3507 UPTON AVE N MINNEAPOLIS MN 55412	B M LEESON & J K LEESON	RESIDENTIAL	$329,000	40 ft
3511 UPTON AVE N MINNEAPOLIS MN 55412	CHRISTOPHER LUND & ERIC LUND	RESIDENTIAL	$305,700	80 ft
2714 35TH AVE N MINNEAPOLIS MN 55412	MAHMOOD KHAN	RESIDENTIAL	$73,800	99 ft
3455 UPTON AVE N MINNEAPOLIS MN 55412	SALLY JANE ROCK	RESIDENTIAL	$217,000	113 ft
3515 UPTON AVE N MINNEAPOLIS MN 55412	ZACH AKERS & KALI N OLSON	RESIDENTIAL	$176,000	120 ft
3500 VINCENT AVE N MINNEAPOLIS MN 55412	A M YODER & K L ANDERSON	RESIDENTIAL	$277,400	153 ft
3519 UPTON AVE N MINNEAPOLIS MN 55412	DEJUAN BARKER	RESIDENTIAL	$168,400	159 ft
3451 UPTON AVE N MINNEAPOLIS MN 55412	MICHELLE RANTA	RESIDENTIAL	$192,100	162 ft
3506 VINCENT AVE N MINNEAPOLIS MN 55412	ALISE CLARIN	RESIDENTIAL	$337,300	162 ft
3510 VINCENT AVE N MINNEAPOLIS MN 55412	DANIEL KEEFE/CHEYENNE FRENCH	RESIDENTIAL	$274,400	179 ft

Property History

Most Recent Sale

Date202103

Price$237,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,870