3612 PORTLAND AVE MINNEAPOLIS MN 55407

PID: 0302824440004

Property Overview

Parcel ID0302824440004

Lot Size4,835 sq ft (0.111 ac)

Lot Dimensions (est.)121 ft wide × 40 ft deep

Year Built1907

Property ClassRESIDENTIAL-TWO UNIT

OwnerHENRY TYRONE TAYLOR

Assessed Value$399,900

Land Value$72,000

Building Value$327,900

Annual Tax$7,595

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

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

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Central · Minneapolis

Median reported rent1,445/mo

Renter-occupied42.2%

Median home value$244K

Vacancy rate11.5%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1094

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 width30 ft

Buildable depth81 ft

Area~2,426 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 2,426 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3608 PORTLAND AVE MINNEAPOLIS MN 55407	LUIS F LEMA & MARIA E PAUCAR	RESIDENTIAL-TWO UNIT	$354,200	40 ft
3616 PORTLAND AVE MINNEAPOLIS MN 55407	CESAR DORANTES GONZALEZ	RESIDENTIAL-TWO UNIT	$397,000	40 ft
3604 PORTLAND AVE MINNEAPOLIS MN 55407	HENDRI M CARPIO AGUDO	RESIDENTIAL-TWO UNIT	$335,600	80 ft
3620 PORTLAND AVE MINNEAPOLIS MN 55407	C S WILSON & J HAYES	RESIDENTIAL	$409,000	90 ft
3600 PORTLAND AVE MINNEAPOLIS MN 55407	BLANCA DOLORES AGUDO	RESIDENTIAL-TWO UNIT	$378,700	120 ft
509 36TH ST E MINNEAPOLIS MN 55408	YELLOWBRICK INVSTMNTS II LLC	APARTMENT	$942,000	130 ft
3613 5TH AVE S MINNEAPOLIS MN 55409	AFFORDABLE GREEN HOMES LLC	RESIDENTIAL	$216,000	133 ft
3617 5TH AVE S MINNEAPOLIS MN 55409	MADISON AVE HOMES LLC	LOW INCOME RENTAL	$192,500	138 ft
3628 PORTLAND AVE MINNEAPOLIS MN 55407	L A S GUAMAN & M S B ACERO	RESIDENTIAL	$340,300	150 ft
3621 5TH AVE S MINNEAPOLIS MN 55409	ZE DONG QIU	RESIDENTIAL	$205,700	155 ft

Property History

Most Recent Sale

Date199508

Price$14,550

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$7,595