1027 UPTON AVE N MINNEAPOLIS MN 55411

PID: 2002924120094

Property Overview

Parcel ID2002924120094

Lot Size6,427 sq ft (0.148 ac)

Lot Dimensions (est.)128 ft wide × 50 ft deep

Year Built1941

Property ClassRESIDENTIAL

OwnerJSW PROPERTIES LLC

Assessed Value$281,300

Land Value$26,000

Building Value$255,300

Annual Tax$4,335

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

2 permits on record since 2019 · Most recent: Jun 2020 (res)

ResJun 2020Closed

Warners Stellian Co Inc

ComnofdbvJul 2019Closed

Appliance Installers of Minnesota 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 width40 ft

Buildable depth89 ft

Area~3,540 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 3,540 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1023 UPTON AVE N MINNEAPOLIS MN 55411	TATIANA MADISON	RESIDENTIAL	$280,200	47 ft
1031 UPTON AVE N MINNEAPOLIS MN 55411	K E KELLEY-ARIWOOLA ET AL	RESIDENTIAL	$314,000	56 ft
1019 UPTON AVE N MINNEAPOLIS MN 55411	EDNA MCDUFFIE TRUST	RESIDENTIAL	$247,500	93 ft
1009 UPTON AVE N MINNEAPOLIS MN 55411	ROBERT SHELTON	RESIDENTIAL	$217,200	138 ft
1022 VINCENT AVE N MINNEAPOLIS MN 55411	TROY & CECILIA WILLIAMS TRST	RESIDENTIAL	$318,000	139 ft
1020 VINCENT AVE N MINNEAPOLIS MN 55411	HENNEPIN FORFEITED LAND	RESIDENTIAL	$0	153 ft
1024 UPTON AVE N MINNEAPOLIS MN 55411	VICTOR RIOS/KATHRYN NESDAHL	RESIDENTIAL	$362,100	173 ft
1016 VINCENT AVE N MINNEAPOLIS MN 55411	N B ARNOLD & S HARDIN	RESIDENTIAL	$280,200	174 ft
1101 UPTON AVE N MINNEAPOLIS MN 55411	K A JOHNSON & A M JOHNSON	RESIDENTIAL	$408,200	179 ft
1005 UPTON AVE N MINNEAPOLIS MN 55411	JENNY TAM	RESIDENTIAL	$258,700	183 ft

Property History

Most Recent Sale

Date202401

Price$185,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,335