3826 PORTLAND AVE MINNEAPOLIS MN 55407

PID: 1002824110115

Property Overview

Parcel ID1002824110115

Lot Size8,530 sq ft (0.196 ac)

Lot Dimensions (est.)122 ft wide × 70 ft deep

Year Built1907

Property ClassAPARTMENT

OwnerSHAMSO HASSAN

Assessed Value$614,000

Land Value$119,600

Building Value$494,400

Annual Tax$11,880

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Potentially 4d-Eligible PropertyMedium

Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.

Minneapolis — 4d Affordable Housing Incentive ↗

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

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Bryant · Minneapolis

Median reported rent1,596/mo

Renter-occupied18.9%

Median home value$283K

Vacancy rate12.9%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1100

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

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width60 ft

Buildable depth82 ft

Area~4,909 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 sfr / adu benchmarks for 4,909 sqft buildable area.

Est. units

Yield on cost

3.1%

Spread

-2.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3822 PORTLAND AVE MINNEAPOLIS MN 55407	S C LOPEZ & E D C OMANA	RESIDENTIAL	$225,700	50 ft
3830 PORTLAND AVE MINNEAPOLIS MN 55407	YAN JIANG	RESIDENTIAL-TWO UNIT	$346,900	60 ft
3820 PORTLAND AVE MINNEAPOLIS MN 55407	KYLE DAVISSON & G NIELSEN	RESIDENTIAL	$367,700	84 ft
3832 PORTLAND AVE MINNEAPOLIS MN 55407	JACOB PROPERTIES CORPORATION	RESIDENTIAL-TWO UNIT	$308,800	104 ft
3816 PORTLAND AVE MINNEAPOLIS MN 55407	PN5 LLC	RESIDENTIAL-TWO UNIT	$383,300	125 ft
3825 5TH AVE S MINNEAPOLIS MN 55409	B PAGE & K L MARKLEY	RESIDENTIAL	$315,600	134 ft
3831 5TH AVE S MINNEAPOLIS MN 55409	RICHARD K & PEGGY MCMARTIN	RESIDENTIAL	$328,700	138 ft
3836 PORTLAND AVE MINNEAPOLIS MN 55407	DUSTIN K CAIN	RESIDENTIAL-TWO UNIT	$305,800	141 ft
3821 5TH AVE S MINNEAPOLIS MN 55409	A A DIAZ & M L TORRES	RESIDENTIAL	$299,800	148 ft
3835 5TH AVE S MINNEAPOLIS MN 55409	STEFAN BERGH	LOW INCOME RENTAL	$569,000	166 ft

Property History

Most Recent Sale

Date202304

Price$710,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$11,880