4350 PORTLAND AVE MINNEAPOLIS MN 55407

PID: 1002824410101

Property Overview

Parcel ID1002824410101

Lot Size4,847 sq ft (0.111 ac)

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

Year Built1949

Property ClassRESIDENTIAL

OwnerBETTY A W JACKSON

Assessed Value$324,400

Land Value$105,000

Building Value$219,400

Annual Tax$4,759

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

2 permits on record since 2018 · $8K total declared value · Most recent: Jul 2020 (misc)

MiscJul 2020Closed

$8K

Minnesota Rusco Inc

ResApr 2018Closed

CENTERPOINT ENERGY

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~2,434 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 2,434 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
516 44TH ST E MINNEAPOLIS MN 55409	RUBY J HODGE	RESIDENTIAL	$273,400	37 ft
4346 PORTLAND AVE MINNEAPOLIS MN 55407	V M THORKELSON/A THORKELSON	RESIDENTIAL	$313,000	40 ft
4342 PORTLAND AVE MINNEAPOLIS MN 55407	MELISSA M KNOFCZYNSKI	RESIDENTIAL	$313,200	80 ft
4338 PORTLAND AVE MINNEAPOLIS MN 55407	EDWARD W HATTERSCHIDE ET AL	RESIDENTIAL	$465,900	120 ft
4351 5TH AVE S MINNEAPOLIS MN 55409	CONRAD JACKSON	RESIDENTIAL	$228,000	133 ft
4347 5TH AVE S MINNEAPOLIS MN 55409	KAREN LUNDON	RESIDENTIAL	$246,100	138 ft
4355 5TH AVE S MINNEAPOLIS MN 55409	DANIEL ROBERT SCHMITZ	RESIDENTIAL	$246,300	139 ft
4343 5TH AVE S MINNEAPOLIS MN 55409	STAR POINT LLC	RESIDENTIAL	$221,000	153 ft
4400 PORTLAND AVE MINNEAPOLIS MN 55407	J A SHAPIRO & M A SHAPIRO	RESIDENTIAL	$337,400	156 ft
4334 PORTLAND AVE MINNEAPOLIS MN 55407	ALIEGH L UNG & ROGER UNG	RESIDENTIAL	$322,600	160 ft

Property History

Current Tax Year

Year2026

Tax Due$4,759