3236 PORTLAND AVE MINNEAPOLIS MN 55407

PID: 0302824140099

Property Overview

Parcel ID0302824140099

Lot Size5,411 sq ft (0.124 ac)

Lot Dimensions (est.)120 ft wide × 45 ft deep

Year Built1911

Property ClassRESIDENTIAL

OwnerJ HOGLUND & A HOGLUND

Assessed Value$371,000

Land Value$50,000

Building Value$321,000

Annual Tax$5,537

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2017 · $30K total declared value · Most recent: Dec 2024 (res)

ResDec 2024Closed

Home Care Heating and Air LLC

ResJan 2023Closed

MN Plumbing & Home Services INC

ResSep 2020Closed

SODERLIN PLUMBING HEATING AND AIR

ExistresAug 2017Closed

TEAM MECHANICAL INC

RemodelJul 2017Closed

$30K

B2 DESIGN BUILD 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 depth80 ft

Area~2,804 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 2,804 sqft buildable area.

Est. units

Yield on cost

4.1%

Spread

-1.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3232 PORTLAND AVE MINNEAPOLIS MN 55407	KYLE OOSTRA & JULIE OOSTRA	VACANT LAND-RESIDENTIAL	$38,000	45 ft
3240 PORTLAND AVE MINNEAPOLIS MN 55407	SEGUNDO C CHACHIPANTA	RESIDENTIAL-TWO UNIT	$457,300	57 ft
3228 PORTLAND AVE MINNEAPOLIS MN 55407	KYLE OOSTRA & JULIE OOSTRA	RESIDENTIAL	$454,000	90 ft
3248 PORTLAND AVE MINNEAPOLIS MN 55407	J QUINTERO & R SCHNEIDEWEND	RESIDENTIAL	$661,000	124 ft
3237 5TH AVE S MINNEAPOLIS MN 55408	JOSE F GONZALES DELGADO	RESIDENTIAL-TWO UNIT	$278,700	131 ft
3224 PORTLAND AVE MINNEAPOLIS MN 55407	GOOD DOMUS DUO LLC	RESIDENTIAL	$191,000	136 ft
3243 5TH AVE S MINNEAPOLIS MN 55408	OTIS FERGUSON	RESIDENTIAL	$352,000	139 ft
3233 5TH AVE S MINNEAPOLIS MN 55408	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	139 ft
3245 5TH AVE S MINNEAPOLIS MN 55408	EZEQUIEL V HONORATO ET AL	RESIDENTIAL	$248,200	159 ft
3229 5TH AVE S MINNEAPOLIS MN 55408	PARK AVE HOMES LLC	LOW INCOME RENTAL	$258,100	160 ft

Property History

Most Recent Sale

Date202410

Price$390,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,537