3 UPTON AVE S MINNEAPOLIS MN 55405

PID: 2902924120030

Property Overview

Parcel ID2902924120030

Lot Size6,419 sq ft (0.147 ac)

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

Year Built1945

Property ClassRESIDENTIAL

OwnerG L MARTIN & K S HILDEN

Assessed Value$396,500

Land Value$208,000

Building Value$188,500

Annual Tax$5,958

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2024 · $3K total declared value · Most recent: Nov 2024 (res)

ResNov 2024Closed

CenterPoint Energy Resource Corp

MiscApr 2024Closed

$3K

Precision Exteriors Restoration LLC

ExistresFeb 2024Closed

Centraire Heating & Air Conditioning 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 width115 ft

Buildable depth10 ft

Area~3,268 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 3,268 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
7 UPTON AVE S MINNEAPOLIS MN 55405	SARAH ZANGER	RESIDENTIAL	$415,100	50 ft
11 UPTON AVE S MINNEAPOLIS MN 55405	DARRELL A HIEDEMAN ET AL	RESIDENTIAL	$528,800	100 ft
2 THOMAS AVE S MINNEAPOLIS MN 55405	J R BOHNSACK & B A BOHNSACK	RESIDENTIAL	$626,900	148 ft
15 UPTON AVE S MINNEAPOLIS MN 55405	LAUREN THORNTON	RESIDENTIAL	$491,100	150 ft
4 UPTON AVE S MINNEAPOLIS MN 55405	REBECCA A MADDAUS	RESIDENTIAL	$394,200	163 ft
10 UPTON AVE S MINNEAPOLIS MN 55405	PAMELA A MEEHAN	RESIDENTIAL	$286,600	177 ft
12 THOMAS AVE S MINNEAPOLIS MN 55405	AMBER SENN	RESIDENTIAL	$563,900	199 ft
21 UPTON AVE S MINNEAPOLIS MN 55405	RACHEL MCCAULEY REVOC TRUST	RESIDENTIAL	$621,800	203 ft
16 UPTON AVE S MINNEAPOLIS MN 55405	T S KIESSELBACH & K M CIANO	RESIDENTIAL	$410,900	232 ft
2711 CHESTNUT AVE W MINNEAPOLIS MN 55405	JOAN KELLEY/MATTHEW JOHNSON	RESIDENTIAL	$405,800	232 ft

Property History

Most Recent Sale

Date199005

Price$68,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$5,958