4041 PORTLAND AVE MINNEAPOLIS MN 55407

PID: 1102824230224

Property Overview

Parcel ID1102824230224

Lot Size4,941 sq ft (0.113 ac)

Lot Dimensions (est.)116 ft wide × 43 ft deep

Year Built1925

Property ClassRESIDENTIAL

OwnerY L OCOTOXTLE & E O ZENTLE

Assessed Value$303,900

Land Value$81,000

Building Value$222,900

Annual Tax$4,435

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: Jul 2024 (misc)

MiscJul 2024Closed

$5K

Summit Construction Group

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 width32 ft

Buildable depth78 ft

Area~2,478 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 2,478 sqft buildable area.

Est. units

Yield on cost

3.0%

Spread

-2.5%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4045 PORTLAND AVE MINNEAPOLIS MN 55407	ASHLEY LUNA	RESIDENTIAL	$394,100	42 ft
4037 PORTLAND AVE MINNEAPOLIS MN 55407	R BOLLINGBERG/F BOLLINGBERG	RESIDENTIAL	$298,300	42 ft
4049 PORTLAND AVE MINNEAPOLIS MN 55407	KRISTEN SHAW	RESIDENTIAL	$327,400	85 ft
4033 PORTLAND AVE MINNEAPOLIS MN 55407	G E QUINTANA & V J QUINTANA	RESIDENTIAL	$313,000	85 ft
4029 PORTLAND AVE MINNEAPOLIS MN 55407	SAMUEL MIKKEL GRANUM	RESIDENTIAL	$249,000	127 ft
4053 PORTLAND AVE MINNEAPOLIS MN 55407	R C HORNSTINE & D J FLIES	RESIDENTIAL	$339,800	128 ft
4040 OAKLAND AVE MINNEAPOLIS MN 55407	H E FARMER JR & S N BIRDWELL	RESIDENTIAL	$327,300	130 ft
4036 OAKLAND AVE MINNEAPOLIS MN 55407	CHRISTINE P ARIMA	RESIDENTIAL	$282,700	137 ft
4044 OAKLAND AVE MINNEAPOLIS MN 55407	VIRGINIA E RICHARDSON	RESIDENTIAL	$298,300	137 ft
4032 OAKLAND AVE MINNEAPOLIS MN 55407	ANITA L THIES	RESIDENTIAL	$327,100	155 ft

Property History

Most Recent Sale

Date202211

Price$319,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,435