3117 PORTLAND AVE MINNEAPOLIS MN 55407

PID: 0202824220151

Property Overview

Parcel ID0202824220151

Lot Size5,299 sq ft (0.122 ac)

Lot Dimensions (est.)118 ft wide × 45 ft deep

Year Built1885

Property ClassRESIDENTIAL-TWO UNIT

OwnerMADELEINE C PINKERTON

Assessed Value$305,700

Land Value$50,000

Building Value$255,700

Annual Tax$4,449

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2017 · $57K total declared value · Most recent: Feb 2025 (res)

ResFeb 2025Expired

Urban Pine Plumbing and Mechanical Inc

MiscSep 2024Closed

$6K

Skyline Exteriors LLC

MiscJul 2024Closed

$25K

Skyline Exteriors LLC

MiscAug 2023Closed

$14K

Innovative Basement Authority

RemodelJul 2022Closed

$6K

POWERFULLY GREEN LLC

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

Neighborhood Profile

Central · Minneapolis

Median reported rent1,458/mo

Renter-occupied34.5%

Median home value$302K

Vacancy rate11.2%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 84

Market Snapshot

Zip code 55407

Median sale price$340K+1.5% YoY

Median price / sqft$214/sqft

Median days to close22 days

Active listings49

Source: Redfin Data Center (Invalid Date) · Zip 55407

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 width35 ft

Buildable depth78 ft

Area~2,721 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 2,721 sqft buildable area.

Est. units

Yield on cost

4.2%

Spread

-1.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3121 PORTLAND AVE MINNEAPOLIS MN 55407	PETER BROWN FAMILY TR ET AL	RESIDENTIAL	$306,100	45 ft
3113 PORTLAND AVE MINNEAPOLIS MN 55407	J C ALVARADO & D J ALVARADO	RESIDENTIAL	$383,000	45 ft
3125 PORTLAND AVE MINNEAPOLIS MN 55407	THOMAS BENFIELD GREAVES	RESIDENTIAL-TWO UNIT	$393,300	89 ft
3109 PORTLAND AVE MINNEAPOLIS MN 55407	ELNORA M HAGANS	RESIDENTIAL-TWO UNIT	$400,100	96 ft
3116 OAKLAND AVE MINNEAPOLIS MN 55407	N CHAPMAN-CLERICI/R CLERICI	RESIDENTIAL-TWO UNIT	$447,500	130 ft
3127 PORTLAND AVE MINNEAPOLIS MN 55407	YANXING WU & CHUN CHEN	RESIDENTIAL-TWO UNIT	$353,100	132 ft
3112 OAKLAND AVE MINNEAPOLIS MN 55407	N R FRANK & S S FRANK	RESIDENTIAL-TWO UNIT	$442,200	137 ft
3120 OAKLAND AVE MINNEAPOLIS MN 55407	JASON G FITZLOFF	RESIDENTIAL-TWO UNIT	$408,400	138 ft
3105 PORTLAND AVE MINNEAPOLIS MN 55407	ANZA PROPERTY LLC	RESIDENTIAL-TWO UNIT	$245,200	147 ft
3124 OAKLAND AVE MINNEAPOLIS MN 55407	MICHAEL G LEE	RESIDENTIAL	$270,800	157 ft

Property History

Most Recent Sale

Date201305

Price$142,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,449