4448 PORTLAND AVE MINNEAPOLIS MN 55407

PID: 1002824440010

Property Overview

Parcel ID1002824440010

Lot Size4,786 sq ft (0.110 ac)

Lot Dimensions (est.)120 ft wide × 40 ft deep

Year Built1936

Property ClassRESIDENTIAL

OwnerGRACE M FORBORD

Assessed Value$351,500

Land Value$105,000

Building Value$246,500

Annual Tax$5,212

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

3 permits on record since 2016 · $12K total declared value · Most recent: Jul 2024 (misc)

MiscJul 2024Final Inspection

$7K

Safe Basements of MN

MiscMar 2019Closed

$5K

RENEWAL BY ANDERSEN CORP

ExistresDec 2016Closed

Safe Basements of MN

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 depth80 ft

Area~2,388 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 2,388 sqft buildable area.

Est. units

Yield on cost

1.5%

Spread

-4.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4444 PORTLAND AVE MINNEAPOLIS MN 55407	A THOMPSON & L THOMPSON	RESIDENTIAL	$425,500	40 ft
4452 PORTLAND AVE MINNEAPOLIS MN 55407	DORAN W SCHOEPPACH	RESIDENTIAL	$329,400	40 ft
4456 PORTLAND AVE MINNEAPOLIS MN 55407	NABIL PROPERTY LLC	RESIDENTIAL	$328,200	77 ft
4440 PORTLAND AVE MINNEAPOLIS MN 55407	FRANCES E CROWDER	RESIDENTIAL	$398,800	90 ft
4449 5TH AVE S MINNEAPOLIS MN 55419	FRANKLIN J VIDMAR	RESIDENTIAL	$278,400	133 ft
4445 5TH AVE S MINNEAPOLIS MN 55419	TINA WITTMER	RESIDENTIAL	$242,500	138 ft
4453 5TH AVE S MINNEAPOLIS MN 55419	ZANE JOINER & LAURA JOPP	RESIDENTIAL	$309,000	140 ft
4432 PORTLAND AVE MINNEAPOLIS MN 55407	GEORGE ASH & MARGUREITTE ASH	RESIDENTIAL-TWO UNIT	$438,100	150 ft
4441 5TH AVE S MINNEAPOLIS MN 55419	ELIZABETH ANN ENSTAD	RESIDENTIAL	$441,500	154 ft
4457 5TH AVE S MINNEAPOLIS MN 55419	SEAN WIDUCH/LILY BO CARLOCK	RESIDENTIAL	$440,900	155 ft

Property History

Most Recent Sale

Date201610

Price$335,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,212