4322 PORTLAND AVE MINNEAPOLIS MN 55407

PID: 1002824410094

Property Overview

Parcel ID1002824410094

Lot Size4,856 sq ft (0.111 ac)

Lot Dimensions (est.)122 ft wide × 40 ft deep

Year Built1921

Property ClassRESIDENTIAL

OwnerD B MCKIZZIE / A E MCKIZZIE

Assessed Value$396,200

Land Value$105,000

Building Value$291,200

Annual Tax$5,958

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

6 permits on record since 2006 · $134K total declared value · Most recent: Jan 2025 (remodel)

RemodelJan 2025Closed

$6K

Ambia Energy

MiscOct 2022Closed

$20K

AMERICAN BUILDING CONTRACTORS INC

RemodelJan 2021Closed

$7K

WINDOW CONCEPTS OF MINNESOTA INC

ResJan 2021Closed

Window Concepts of Minnesota Inc

MiscSep 2020Closed

$948

CREW2 INC

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

Neighborhood Profile

Regina · Minneapolis

Median reported rent1,858/mo

Renter-occupied11.4%

Median home value$326K

Vacancy rate2.9%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1109

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 width30 ft

Buildable depth81 ft

Area~2,440 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 2,440 sqft buildable area.

Est. units

Yield on cost

3.0%

Spread

-2.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4318 PORTLAND AVE MINNEAPOLIS MN 55407	P ISAACSON ET AL	RESIDENTIAL	$441,900	40 ft
4326 PORTLAND AVE MINNEAPOLIS MN 55407	TODD OGAWA & THOMAS OUZTS	RESIDENTIAL	$288,400	40 ft
4314 PORTLAND AVE MINNEAPOLIS MN 55407	DAVID STEINMAN	RESIDENTIAL	$248,400	80 ft
4330 PORTLAND AVE MINNEAPOLIS MN 55407	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	80 ft
4310 PORTLAND AVE MINNEAPOLIS MN 55407	SHANNON M ST CLAIR	RESIDENTIAL	$346,100	120 ft
4334 PORTLAND AVE MINNEAPOLIS MN 55407	ALIEGH L UNG & ROGER UNG	RESIDENTIAL	$322,600	120 ft
4323 5TH AVE S MINNEAPOLIS MN 55409	RICHARD H WISSMAN	RESIDENTIAL	$256,400	133 ft
4319 5TH AVE S MINNEAPOLIS MN 55409	E K PILLSBURY & S SEIFERT	RESIDENTIAL	$222,300	138 ft
4327 5TH AVE S MINNEAPOLIS MN 55409	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	140 ft
4315 5TH AVE S MINNEAPOLIS MN 55409	ELIZABETH A HESSEL	RESIDENTIAL	$265,700	154 ft

Property History

Current Tax Year

Year2026

Tax Due$5,958