2500 UPTON AVE S MINNEAPOLIS MN 55405

PID: 3202924130045

Property Overview

Parcel ID3202924130045

Lot Size8,449 sq ft (0.194 ac)

Lot Dimensions (est.)168 ft wide × 50 ft deep

Year Built1955

Property ClassRESIDENTIAL

OwnerMAURICE K LAWTON

Assessed Value$1,276,700

Land Value$334,000

Building Value$942,700

Annual Tax$22,404

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2014 · $1.0M total declared value · Most recent: May 2024 (misc)

MiscMay 2024Closed

$34K

KAUFMAN SHEET METAL ROOFING INC

ExistresApr 2024Closed

Dean's Professional Plumbing Inc

ExistresFeb 2023Closed

Dean's Professional Plumbing Inc

Building Re-inspectionMay 2014

$1.0M

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

Neighborhood Profile

Kenwood · Minneapolis

Median reported rent1,749/mo

Renter-occupied47.2%

Median home value$827K

Vacancy rate7.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1065

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 width155 ft

Buildable depth10 ft

Area~4,757 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 4,757 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2506 UPTON AVE S MINNEAPOLIS MN 55405	N S KREYKES & S A KREYKES	RESIDENTIAL	$1,565,900	54 ft
2436 SHERIDAN AVE S MINNEAPOLIS MN 55405	J S NICHOLS & E M TURNER	RESIDENTIAL	$618,700	111 ft
2512 UPTON AVE S MINNEAPOLIS MN 55405	R B KIERNAT & C C KIERNAT	RESIDENTIAL	$1,331,100	117 ft
2432 SHERIDAN AVE S MINNEAPOLIS MN 55405	KAREN L PETERSON	RESIDENTIAL	$618,000	160 ft
2500 SHERIDAN AVE S MINNEAPOLIS MN 55405	JUSTIN LARSON/BRANDON SUAREZ	RESIDENTIAL	$691,800	170 ft
2520 UPTON AVE S MINNEAPOLIS MN 55405	A COLIANNI III & S COLIANNI	RESIDENTIAL	$897,500	170 ft
2445 SHERIDAN AVE S MINNEAPOLIS MN 55405	T J FLEMING & S S SMALLEY	RESIDENTIAL	$1,722,000	201 ft
2526 UPTON AVE S MINNEAPOLIS MN 55405	SARAI MICKMAN BRENNER	RESIDENTIAL	$834,300	206 ft
2506 SHERIDAN AVE S MINNEAPOLIS MN 55405	BENJAMIN WOLKE & AMY COOPER	RESIDENTIAL	$1,104,300	221 ft
2441 SHERIDAN AVE S MINNEAPOLIS MN 55405	SUSAN ESTHER FINK	RESIDENTIAL	$946,600	229 ft

Property History

Most Recent Sale

Date202301

Price$1,350,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$22,404