253 UPTON AVE S MINNEAPOLIS MN 55405

PID: 2902924120007

Property Overview

Parcel ID2902924120007

Lot Size5,715 sq ft (0.131 ac)

Lot Dimensions (est.)128 ft wide × 45 ft deep

Year Built1939

Property ClassRESIDENTIAL

OwnerABBIE S KANE TRUSTEE

Assessed Value$549,700

Land Value$200,000

Building Value$349,700

Annual Tax$8,645

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

8 permits on record since 2021 · $92K total declared value · Most recent: Nov 2024 (res)

ResNov 2024Closed

CenterPoint Energy Resource Corp

ResFeb 2024Closed

Home Care Heating and Air LLC

ResFeb 2024Closed

Urban Pine Plumbing and Mechanical Inc

MiscNov 2023Closed

$8K

HOFFMAN WEBER CONSTRUCTION INC

ResSep 2022Closed

MN Plumbing & Home Services INC

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

Neighborhood Profile

Bryn - Mawr · Minneapolis

Median reported rent1,697/mo

Renter-occupied14.8%

Median home value$467K

Vacancy rate0.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1051

Market Snapshot

Zip code 55405

Median sale price$530K+73.8% YoY

Median price / sqft$270/sqft

Median days to close45 days

Active listings39

Source: Redfin Data Center (Invalid Date) · Zip 55405

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 width35 ft

Buildable depth87 ft

Area~3,049 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 3,049 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
249 UPTON AVE S MINNEAPOLIS MN 55405	K E ANDERSON & R W REILLY	RESIDENTIAL	$420,900	45 ft
257 UPTON AVE S MINNEAPOLIS MN 55405	T HEGGE & R P MAUS	RESIDENTIAL	$458,500	45 ft
245 UPTON AVE S MINNEAPOLIS MN 55405	JENNY EBERT	RESIDENTIAL	$446,200	89 ft
237 UPTON AVE S MINNEAPOLIS MN 55405	E A BENSON & M R WALDNER	RESIDENTIAL	$450,800	133 ft
252 THOMAS AVE S MINNEAPOLIS MN 55405	ELIZABETH A FRANKMAN REV TR	RESIDENTIAL	$672,700	142 ft
256 THOMAS AVE S MINNEAPOLIS MN 55405	KEON L BLASINGAME	RESIDENTIAL	$359,200	148 ft
248 THOMAS AVE S MINNEAPOLIS MN 55405	HUDSON PETERS	RESIDENTIAL	$495,800	151 ft
401 UPTON AVE S MINNEAPOLIS MN 55405	H KIM & A CAMPBELL FAMILY TR	RESIDENTIAL	$718,600	162 ft
244 UPTON AVE S MINNEAPOLIS MN 55405	JONATHAN FOSTER & J CARLSON	RESIDENTIAL	$387,000	165 ft
248 UPTON AVE S MINNEAPOLIS MN 55405	N TAYLOR & B TAYLOR	RESIDENTIAL	$648,900	168 ft

Property History

Most Recent Sale

Date199205

Price$88,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$8,645