5001 UPTON AVE S MINNEAPOLIS MN 55410

PID: 1702824420026

Property Overview

Parcel ID1702824420026

Lot Size5,135 sq ft (0.118 ac)

Lot Dimensions (est.)128 ft wide × 40 ft deep

Year Built1921

Property ClassRESIDENTIAL

OwnerPERRY HENDRICKS TRUST ET AL

Assessed Value$562,000

Land Value$231,000

Building Value$331,000

Annual Tax$8,884

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2019 · $2K total declared value · Most recent: May 2022 (res)

ResMay 2022Closed

CenterPoint Energy Resource Corp

AdditionAug 2019Closed

$2K

PERRY HENDRICKS

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

Neighborhood Profile

Fulton · Minneapolis

Median reported rent1,771/mo

Renter-occupied10.4%

Median home value$551K

Vacancy rate5.7%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1113

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

RM1Residence Goods and Services

Residential Mixed-Use 1 — low-density mixed residential

Typical Uses

·Apartments
·Townhomes
·Neighborhood-scale retail on ground floor

Max Height45 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.)10 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width113 ft

Buildable depth0 ft

Area~2,209 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 small multifamily (2–4 units, wood frame) benchmarks for 2,209 sqft buildable area.

Est. units

Yield on cost

3.0%

Spread

-2.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5005 UPTON AVE S MINNEAPOLIS MN 55410	DANIEL COSTA & MADELYN JENTS	RESIDENTIAL	$523,500	40 ft
5009 UPTON AVE S MINNEAPOLIS MN 55410	COLORADO 3 LLC	RESIDENTIAL	$455,300	80 ft
4957 UPTON AVE S MINNEAPOLIS MN 55410	KYLE BRANDT & NICOLE BRANDT	RESIDENTIAL	$575,000	102 ft
5015 UPTON AVE S MINNEAPOLIS MN 55410	BRYNN LUND STANLEY	RESIDENTIAL	$492,400	120 ft
5000 THOMAS AVE S MINNEAPOLIS MN 55410	TERI D MCNEELY	RESIDENTIAL	$409,000	140 ft
4953 UPTON AVE S MINNEAPOLIS MN 55410	S SCHROEDER & Z BILLINGS	RESIDENTIAL	$499,800	144 ft
5004 THOMAS AVE S MINNEAPOLIS MN 55410	C AGUR & V BELAIR-GAGNON	RESIDENTIAL	$562,400	146 ft
5008 THOMAS AVE S MINNEAPOLIS MN 55410	L A BRECKENRIDGE & K L OWEN	RESIDENTIAL-TWO UNIT	$561,200	163 ft
5019 UPTON AVE S MINNEAPOLIS MN 55410	CHARLOTTE A RYAN	RESIDENTIAL	$569,800	170 ft
4956 THOMAS AVE S MINNEAPOLIS MN 55410	ANDREW YANG	RESIDENTIAL-TWO UNIT	$550,300	171 ft

Property History

Most Recent Sale

Date199611

Price$99,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,884