22 UPTON AVE S MINNEAPOLIS MN 55405

PID: 2902924120022

Property Overview

Parcel ID2902924120022

Lot Size6,839 sq ft (0.157 ac)

Lot Dimensions (est.)135 ft wide × 51 ft deep

Year Built1941

Property ClassRESIDENTIAL

OwnerBARBARA LEIBUNDGUTH

Assessed Value$428,300

Land Value$257,000

Building Value$171,300

Annual Tax$6,489

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2019 · $57K total declared value · Most recent: Nov 2024 (res)

ResNov 2024Closed

CenterPoint Energy Resource Corp

MiscDec 2023Closed

$15K

KAUFMAN SHEET METAL ROOFING INC

ExistresOct 2023Closed

Residential Heating and Air Conditioning Inc

MiscFeb 2023Expired

$14K

PELLA NORTHLAND

MiscDec 2022Expired

$11K

PELLA NORTHLAND

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 width41 ft

Buildable depth94 ft

Area~3,861 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 3,861 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
26 UPTON AVE S MINNEAPOLIS MN 55405	MATTHEW J & JENNIFER L WEIER	RESIDENTIAL	$751,200	50 ft
16 UPTON AVE S MINNEAPOLIS MN 55405	T S KIESSELBACH & K M CIANO	RESIDENTIAL	$410,900	64 ft
32 UPTON AVE S MINNEAPOLIS MN 55405	D SOMMERFELD/A SOMMERFELD	RESIDENTIAL	$431,600	101 ft
10 UPTON AVE S MINNEAPOLIS MN 55405	PAMELA A MEEHAN	RESIDENTIAL	$286,600	120 ft
21 VINCENT AVE S MINNEAPOLIS MN 55405	BIRCH GROUP	VACANT LAND-RESIDENTIAL	$40,000	137 ft
17 VINCENT AVE S MINNEAPOLIS MN 55405	DANIEL THOR MARTIN	RESIDENTIAL	$446,900	139 ft
36 UPTON AVE S MINNEAPOLIS MN 55405	JUDY G BORGEN ET AL SUB/L E	RESIDENTIAL	$490,500	151 ft
29 VINCENT AVE S MINNEAPOLIS MN 55405	BIRCH GROUP	VACANT LAND-RESIDENTIAL	$25,000	154 ft
15 VINCENT AVE S MINNEAPOLIS MN 55405	GARY HENDLIN & LINDA HENDLIN	RESIDENTIAL	$710,000	159 ft
2711 CHESTNUT AVE W MINNEAPOLIS MN 55405	JOAN KELLEY/MATTHEW JOHNSON	RESIDENTIAL	$405,800	169 ft

Property History

Most Recent Sale

Date198811

Price$82,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$6,489