3637 PORTLAND AVE MINNEAPOLIS MN 55407

PID: 0202824330150

Property Overview

Parcel ID0202824330150

Lot Size5,908 sq ft (0.136 ac)

Lot Dimensions (est.)118 ft wide × 50 ft deep

Year Built1909

Property ClassRESIDENTIAL

OwnerBJORN LARSON/EMILY A LARSON

Assessed Value$369,000

Land Value$80,000

Building Value$289,000

Annual Tax$5,526

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Opportunity ZoneHigh

Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.

HUD Opportunity Zones ↗

Potential programs

Environmental Response FundMedium

Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.

Minneapolis — Brownfield Grants ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

1 permit on record since 2023 · $17K total declared value · Most recent: Sep 2023 (misc)

MiscSep 2023Closed

$17K

STORM GROUP ROOFING LLC

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

Neighborhood Profile

Central · Minneapolis

Median reported rent1,284/mo

Renter-occupied41.2%

Median home value$251K

Vacancy rate2.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 95

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 width40 ft

Buildable depth78 ft

Area~3,121 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 3,121 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
3641 PORTLAND AVE MINNEAPOLIS MN 55407	TREASURE CAY THORESON	RESIDENTIAL	$350,200	50 ft
3633 PORTLAND AVE MINNEAPOLIS MN 55407	A M P ZAMORA & M A P HUERTA	RESIDENTIAL	$424,400	50 ft
3645 PORTLAND AVE MINNEAPOLIS MN 55407	CHARLES L STEEN JR	RESIDENTIAL	$307,000	100 ft
3627 PORTLAND AVE MINNEAPOLIS MN 55407	JUAN RENE MUNOZ PUCHI	RESIDENTIAL	$299,500	113 ft
3638 OAKLAND AVE MINNEAPOLIS MN 55407	AARON PEEL/ESTRELLA C AYALA	RESIDENTIAL	$209,100	130 ft
3634 OAKLAND AVE MINNEAPOLIS MN 55407	RICARDO JIMENEZ-CRUZ ET AL	RESIDENTIAL	$204,300	133 ft
612 37TH ST E MINNEAPOLIS MN 55407	A ULASICH & R ULASICH	RESIDENTIAL	$233,700	136 ft
3642 OAKLAND AVE MINNEAPOLIS MN 55407	PARK AVE HOMES LLC	RESIDENTIAL	$163,000	138 ft
3630 OAKLAND AVE MINNEAPOLIS MN 55407	P BREWER & B J BREWER	RESIDENTIAL	$360,500	149 ft
3625 PORTLAND AVE MINNEAPOLIS MN 55407	E AKERS & A PODOBINSKI	RESIDENTIAL	$231,500	170 ft

Property History

Most Recent Sale

Date201507

Price$250,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,526