1204 UPTON AVE N MINNEAPOLIS MN 55411

PID: 2002924120008

Property Overview

Parcel ID2002924120008

Lot Size7,720 sq ft (0.177 ac)

Lot Dimensions (est.)129 ft wide × 60 ft deep

Year Built1915

Property ClassRESIDENTIAL

OwnerPETER K HOAG JR

Assessed Value$321,700

Land Value$28,000

Building Value$293,700

Annual Tax$4,712

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Area of Concentrated PovertyHigh

In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.

Minneapolis — Affordable Housing Trust Fund ↗

Potential programs

Great Streets Gap FinancingMedium

Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.

Minneapolis Great Streets — Gap Financing ↗

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

Permit History

1 permit on record since 2025 · $22K total declared value · Most recent: Apr 2025 (misc)

MiscApr 2025Closed

$22K

KAUFMAN SHEET METAL ROOFING INC

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

Neighborhood Profile

Willard - Hay · Minneapolis

Median reported rent1,203/mo

Renter-occupied33.4%

Median home value$254K

Vacancy rate1.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 32

Market Snapshot

Zip code 55411

Median sale price$243K-2.9% YoY

Median price / sqft$140/sqft

Median days to close40 days

Active listings67

Source: Redfin Data Center (Invalid Date) · Zip 55411

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 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 width116 ft

Buildable depth20 ft

Area~4,166 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 4,166 sqft buildable area.

Est. units

Yield on cost

4.2%

Spread

-1.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1210 UPTON AVE N MINNEAPOLIS MN 55411	JOSEPH H STRATIG	RESIDENTIAL	$359,600	60 ft
1134 UPTON AVE N MINNEAPOLIS MN 55411	ROBERT W BROPHEY & WIFE	RESIDENTIAL	$275,000	100 ft
1216 UPTON AVE N MINNEAPOLIS MN 55411	JOYCE E PICKLE TRUST	RESIDENTIAL	$368,600	120 ft
1205 THOMAS AVE N MINNEAPOLIS MN 55411	ARIANNE ZAGER	RESIDENTIAL	$345,500	142 ft
1211 THOMAS AVE N MINNEAPOLIS MN 55411	THE GOENS LIVING TRUST	RESIDENTIAL	$249,000	154 ft
1128 UPTON AVE N MINNEAPOLIS MN 55411	SHIRLEY JEAN JONES	RESIDENTIAL	$305,500	160 ft
1141 THOMAS AVE N MINNEAPOLIS MN 55411	BEVERLY P PROPES	RESIDENTIAL	$450,900	172 ft
1220 UPTON AVE N MINNEAPOLIS MN 55411	LAURA A & GLENN KIDD III	RESIDENTIAL	$291,500	180 ft
1217 THOMAS AVE N MINNEAPOLIS MN 55411	FRED LEE ROLL	RESIDENTIAL	$293,200	186 ft
1205 UPTON AVE N MINNEAPOLIS MN 55411	KAREN J BEZAT	RESIDENTIAL	$426,900	188 ft

Property History

Current Tax Year

Year2026

Tax Due$4,712