2506 UPTON AVE S MINNEAPOLIS MN 55405

PID: 3202924130046

Property Overview

Parcel ID3202924130046

Lot Size8,090 sq ft (0.186 ac)

Lot Dimensions (est.)159 ft wide × 51 ft deep

Year Built2013

Property ClassRESIDENTIAL

OwnerN S KREYKES & S A KREYKES

Assessed Value$1,565,900

Land Value$328,000

Building Value$1,237,900

Annual Tax$27,875

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

8 permits on record since 2012 · $1.9M total declared value · Most recent: Jul 2024 (res)

ResJul 2024Inspection

Dean's Professional Plumbing Inc

ExistresJul 2022Expired

Titan Heating and Cooling Inc

ResJul 2022Closed

Spring Plumbing

RemodelMay 2022Closed

$500K

Restorations by Highmark

RemodelJan 2022Closed

$30K

Restorations by Highmark

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$540K+10.8% YoY

Median price / sqft$268/sqft

Median days to close21 days

Active listings52

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 width50 ft

Buildable depth95 ft

Area~4,834 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 4,834 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
2500 UPTON AVE S MINNEAPOLIS MN 55405	MAURICE K LAWTON	RESIDENTIAL	$1,276,700	54 ft
2512 UPTON AVE S MINNEAPOLIS MN 55405	R B KIERNAT & C C KIERNAT	RESIDENTIAL	$1,331,100	63 ft
2520 UPTON AVE S MINNEAPOLIS MN 55405	A COLIANNI III & S COLIANNI	RESIDENTIAL	$897,500	117 ft
2526 UPTON AVE S MINNEAPOLIS MN 55405	SARAI MICKMAN BRENNER	RESIDENTIAL	$834,300	153 ft
2500 SHERIDAN AVE S MINNEAPOLIS MN 55405	JUSTIN LARSON/BRANDON SUAREZ	RESIDENTIAL	$691,800	154 ft
2436 SHERIDAN AVE S MINNEAPOLIS MN 55405	J S NICHOLS & E M TURNER	RESIDENTIAL	$618,700	165 ft
2530 UPTON AVE S MINNEAPOLIS MN 55405	LYNDA ELAYNE BORJESSON	RESIDENTIAL	$823,400	188 ft
2506 SHERIDAN AVE S MINNEAPOLIS MN 55405	BENJAMIN WOLKE & AMY COOPER	RESIDENTIAL	$1,104,300	193 ft
2432 SHERIDAN AVE S MINNEAPOLIS MN 55405	KAREN L PETERSON	RESIDENTIAL	$618,000	213 ft
2445 SHERIDAN AVE S MINNEAPOLIS MN 55405	T J FLEMING & S S SMALLEY	RESIDENTIAL	$1,722,000	224 ft

Property History

Most Recent Sale

Date201301

Price$1,435,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$27,875