3625 PORTLAND AVE MINNEAPOLIS MN 55407

PID: 0202824330153

Property Overview

Parcel ID0202824330153

Lot Size4,432 sq ft (0.102 ac)

Lot Dimensions (est.)118 ft wide × 38 ft deep

Year Built1915

Property ClassRESIDENTIAL

OwnerE AKERS & A PODOBINSKI

Assessed Value$231,500

Land Value$69,000

Building Value$162,500

Annual Tax$3,223

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

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 width28 ft

Buildable depth77 ft

Area~2,148 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 2,148 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3621 PORTLAND AVE MINNEAPOLIS MN 55407	MELISSA KADLEC/KEITH DORSETT	RESIDENTIAL	$368,300	38 ft
3627 PORTLAND AVE MINNEAPOLIS MN 55407	JUAN RENE MUNOZ PUCHI	RESIDENTIAL	$299,500	57 ft
3617 PORTLAND AVE MINNEAPOLIS MN 55407	MANUEL DUTAN	RESIDENTIAL-TWO UNIT	$355,500	77 ft
3633 PORTLAND AVE MINNEAPOLIS MN 55407	A M P ZAMORA & M A P HUERTA	RESIDENTIAL	$424,400	119 ft
3613 PORTLAND AVE MINNEAPOLIS MN 55407	N S HAYNES & L L BELL	RESIDENTIAL-TWO UNIT	$420,900	121 ft
3624 OAKLAND AVE MINNEAPOLIS MN 55407	EMILY NEUHAUS	RESIDENTIAL-TWO UNIT	$414,700	130 ft
3620 OAKLAND AVE MINNEAPOLIS MN 55407	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	135 ft
3628 OAKLAND AVE MINNEAPOLIS MN 55407	CHARLES DORIUS	RESIDENTIAL	$305,600	139 ft
3618 OAKLAND AVE MINNEAPOLIS MN 55407	CARLOS LAMAS	RESIDENTIAL	$260,000	152 ft
3630 OAKLAND AVE MINNEAPOLIS MN 55407	P BREWER & B J BREWER	RESIDENTIAL	$360,500	161 ft

Property History

Most Recent Sale

Date201503

Price$160,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,223