1236 UPTON AVE N MINNEAPOLIS MN 55411

PID: 2002924120014

Property Overview

Parcel ID2002924120014

Lot Size6,180 sq ft (0.142 ac)

Lot Dimensions (est.)129 ft wide × 48 ft deep

Year Built1918

Property ClassRESIDENTIAL

OwnerNATHAN M BANKER

Assessed Value$216,000

Land Value$26,000

Building Value$190,000

Annual Tax$3,152

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 2023 · $14K total declared value · Most recent: Sep 2023 (misc)

MiscSep 2023Expired

$14K

NEW LIFE CONTRACTING 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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width38 ft

Buildable depth89 ft

Area~3,371 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 3,371 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1240 UPTON AVE N MINNEAPOLIS MN 55411	ALLISON M STEDDORN	RESIDENTIAL	$277,000	46 ft
1234 UPTON AVE N MINNEAPOLIS MN 55411	JAMES WASHINGTON	RESIDENTIAL	$249,300	48 ft
1228 UPTON AVE N MINNEAPOLIS MN 55411	S W ALLEYNE & N G BAUKNIGHT	RESIDENTIAL	$312,100	102 ft
1235 THOMAS AVE N MINNEAPOLIS MN 55411	CHARLENE F TATE	RESIDENTIAL	$179,200	144 ft
1243 THOMAS AVE N MINNEAPOLIS MN 55411	BRIAN C CANFIELD	RESIDENTIAL	$170,000	147 ft
1220 UPTON AVE N MINNEAPOLIS MN 55411	LAURA A & GLENN KIDD III	RESIDENTIAL	$291,500	162 ft
1229 THOMAS AVE N MINNEAPOLIS MN 55411	R BRADLEY/D HELGREN-BRADLEY	RESIDENTIAL	$433,000	170 ft
1241 UPTON AVE N MINNEAPOLIS MN 55411	LORRIE BUIRGE	RESIDENTIAL	$190,000	190 ft
1235 UPTON AVE N MINNEAPOLIS MN 55411	THEODORE ROEMER	RESIDENTIAL	$246,400	193 ft
2622 PLYMOUTH AVE N MINNEAPOLIS MN 55411	S BARDWELL & M BARDWELL	RESIDENTIAL	$497,000	207 ft

Property History

Most Recent Sale

Date200604

Price$166,495

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,152