248 UPTON AVE S MINNEAPOLIS MN 55405

PID: 2902924120011

Property Overview

Parcel ID2902924120011

Lot Size4,755 sq ft (0.109 ac)

Lot Dimensions (est.)80 ft wide × 59 ft deep

Year Built1941

Property ClassRESIDENTIAL

OwnerN TAYLOR & B TAYLOR

Assessed Value$648,900

Land Value$178,000

Building Value$470,900

Annual Tax$10,520

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2017 · $2K total declared value · Most recent: Nov 2024 (res)

ResNov 2024Closed

CenterPoint Energy Resource Corp

MiscAug 2017Closed

$2K

Mohler Chimney Repair LLC

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

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 width67 ft

Buildable depth19 ft

Area~1,855 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 1,855 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
244 UPTON AVE S MINNEAPOLIS MN 55405	JONATHAN FOSTER & J CARLSON	RESIDENTIAL	$387,000	59 ft
240 UPTON AVE S MINNEAPOLIS MN 55405	J PETERSON & R RIPKE	RESIDENTIAL	$428,600	119 ft
400 UPTON AVE S MINNEAPOLIS MN 55405	DAVID R SWEDLUND REV TRUST	RESIDENTIAL	$406,300	120 ft
257 UPTON AVE S MINNEAPOLIS MN 55405	T HEGGE & R P MAUS	RESIDENTIAL	$458,500	164 ft
253 UPTON AVE S MINNEAPOLIS MN 55405	ABBIE S KANE TRUSTEE	RESIDENTIAL	$549,700	168 ft
236 UPTON AVE S MINNEAPOLIS MN 55405	S V MURPHY & M M JAMES	RESIDENTIAL	$400,800	174 ft
406 UPTON AVE S MINNEAPOLIS MN 55405	LAUREL AVENUE LLC	RESIDENTIAL	$336,500	180 ft
249 UPTON AVE S MINNEAPOLIS MN 55405	K E ANDERSON & R W REILLY	RESIDENTIAL	$420,900	183 ft
401 UPTON AVE S MINNEAPOLIS MN 55405	H KIM & A CAMPBELL FAMILY TR	RESIDENTIAL	$718,600	205 ft
245 UPTON AVE S MINNEAPOLIS MN 55405	JENNY EBERT	RESIDENTIAL	$446,200	207 ft

Property History

Most Recent Sale

Date202104

Price$575,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$10,520