3849 PORTLAND AVE MINNEAPOLIS MN 55407

PID: 1102824220048

Property Overview

Parcel ID1102824220048

Lot Size5,048 sq ft (0.116 ac)

Lot Dimensions (est.)117 ft wide × 43 ft deep

Year Built1923

Property ClassRESIDENTIAL-TWO UNIT

OwnerMATTHEW P HANSEN

Assessed Value$434,200

Land Value$82,000

Building Value$352,200

Annual Tax$6,616

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Opportunity ZoneHigh

Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.

HUD Opportunity Zones ↗

Potential programs

Environmental Response FundMedium

Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.

Minneapolis — Brownfield Grants ↗

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

Permit History

1 permit on record since 2024 · $5K total declared value · Most recent: Sep 2024 (misc)

MiscSep 2024Closed

$5K

22nd Century Roofing

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

Neighborhood Profile

Bryant · Minneapolis

Median reported rent1,284/mo

Renter-occupied41.2%

Median home value$251K

Vacancy rate2.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 95

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 width33 ft

Buildable depth77 ft

Area~2,553 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 2,553 sqft buildable area.

Est. units

Yield on cost

2.9%

Spread

-2.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3853 PORTLAND AVE MINNEAPOLIS MN 55407	JANICE KOUANCHAO	RESIDENTIAL-TWO UNIT	$319,300	43 ft
3845 PORTLAND AVE MINNEAPOLIS MN 55407	BRENDA L GLENN	RESIDENTIAL	$251,900	43 ft
3841 PORTLAND AVE MINNEAPOLIS MN 55407	FLETCHER BARNHILL	RESIDENTIAL	$239,000	86 ft
612 39TH ST E MINNEAPOLIS MN 55407	AMANI REICHERT-GIRON ET AL	RESIDENTIAL	$123,100	100 ft
3848 OAKLAND AVE MINNEAPOLIS MN 55407	ALYSSA MAKI	RESIDENTIAL	$425,700	129 ft
3837 PORTLAND AVE MINNEAPOLIS MN 55407	DAVID LY	RESIDENTIAL	$349,400	129 ft
3844 OAKLAND AVE MINNEAPOLIS MN 55407	O E STREMPLE & A J LANE	RESIDENTIAL	$230,300	136 ft
3901 PORTLAND AVE MINNEAPOLIS MN 55407	MICHELLE L MILLER	LOW INCOME RENTAL	$345,200	146 ft
3840 OAKLAND AVE MINNEAPOLIS MN 55407	ANDREW DODDS & JOANNA DODDS	RESIDENTIAL	$202,900	155 ft
3852 OAKLAND AVE MINNEAPOLIS MN 55407	W ZEST & K ZEST	RESIDENTIAL	$235,200	155 ft

Property History

Most Recent Sale

Date202205

Price$536,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,616