4416 PORTLAND AVE MINNEAPOLIS MN 55407

PID: 1002824440004

Property Overview

Parcel ID1002824440004

Lot Size9,590 sq ft (0.220 ac)

Lot Dimensions (est.)121 ft wide × 79 ft deep

Year Built1959

Property ClassRESIDENTIAL

OwnerRYAN OTTE & THERESA L OTTE

Assessed Value$347,900

Land Value$141,000

Building Value$206,900

Annual Tax$5,365

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

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 width70 ft

Buildable depth80 ft

Area~5,587 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 5,587 sqft buildable area.

Est. units

Yield on cost

2.8%

Spread

-2.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4412 PORTLAND AVE MINNEAPOLIS MN 55407	DEBBIE BALLI & DICK LAUMER	RESIDENTIAL-TWO UNIT	$431,400	62 ft
4426 PORTLAND AVE MINNEAPOLIS MN 55407	COMMUNITY HOUSING RESOURCES	RESIDENTIAL-TWO UNIT	$0	80 ft
4404 PORTLAND AVE MINNEAPOLIS MN 55407	CARLOS A QUIZHPI HUERTA	RESIDENTIAL-TWO UNIT	$431,100	117 ft
4417 5TH AVE S MINNEAPOLIS MN 55419	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	135 ft
4421 5TH AVE S MINNEAPOLIS MN 55419	B M PIERCE & K T PIERCE	RESIDENTIAL	$301,300	136 ft
4415 5TH AVE S MINNEAPOLIS MN 55419	COURTNEY LEZANIC	RESIDENTIAL	$276,200	145 ft
4425 5TH AVE S MINNEAPOLIS MN 55419	MICHAEL P WARNER ET AL	RESIDENTIAL	$267,100	148 ft
4432 PORTLAND AVE MINNEAPOLIS MN 55407	GEORGE ASH & MARGUREITTE ASH	RESIDENTIAL-TWO UNIT	$438,100	150 ft
4409 5TH AVE S MINNEAPOLIS MN 55419	JUANDA R WHITE	RESIDENTIAL	$325,000	165 ft
4429 5TH AVE S MINNEAPOLIS MN 55419	JODI PRITCHARD	RESIDENTIAL	$315,000	169 ft

Property History

Most Recent Sale

Date200702

Price$230,000

TypeQUIT CLAIM DEED

Current Tax Year

Year2026

Tax Due$5,365