4533 PORTLAND AVE MINNEAPOLIS MN 55407

PID: 1102824330108

Property Overview

Parcel ID1102824330108

Lot Size4,702 sq ft (0.108 ac)

Lot Dimensions (est.)118 ft wide × 40 ft deep

Year Built1934

Property ClassRESIDENTIAL

OwnerNATHANIEL KLING/ELISE KLING

Assessed Value$294,100

Land Value$103,000

Building Value$191,100

Annual Tax$4,254

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 2018 · $24K total declared value · Most recent: Feb 2026 (existres)

ExistresFeb 2026Inspection

TEAM MECHANICAL INC

MiscJul 2024Closed

$22K

MUSE REMODELING LLC

MiscJun 2018Closed

$2K

THINK STUCCO

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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth78 ft

Area~2,326 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 small multifamily (2–4 units, wood frame) benchmarks for 2,326 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4537 PORTLAND AVE MINNEAPOLIS MN 55407	JORDAN FLYNN	RESIDENTIAL	$425,300	40 ft
4529 PORTLAND AVE MINNEAPOLIS MN 55407	A STREIFEL & B STREIFEL	RESIDENTIAL	$360,800	40 ft
4541 PORTLAND AVE MINNEAPOLIS MN 55407	JOY ELAINE JENKINS	RESIDENTIAL	$332,500	80 ft
4525 PORTLAND AVE MINNEAPOLIS MN 55407	DAVID ADRIAN/JAYMIE LARGENT	RESIDENTIAL	$384,800	80 ft
4545 PORTLAND AVE MINNEAPOLIS MN 55407	A CZ WURDOCK & T C WURDOCK	RESIDENTIAL	$371,400	120 ft
4521 PORTLAND AVE MINNEAPOLIS MN 55407	JASON R ROYS	RESIDENTIAL	$271,200	120 ft
4532 OAKLAND AVE MINNEAPOLIS MN 55407	KRISTINE JOY ANDERSON	RESIDENTIAL	$360,100	131 ft
4528 OAKLAND AVE MINNEAPOLIS MN 55407	ROBERTHA ENGLISH	RESIDENTIAL	$285,300	137 ft
4536 OAKLAND AVE MINNEAPOLIS MN 55407	LINDA L ROST TRUST	RESIDENTIAL	$438,600	137 ft
4540 OAKLAND AVE MINNEAPOLIS MN 55407	ELLEN D JOHNSON	RESIDENTIAL	$298,600	153 ft

Property History

Most Recent Sale

Date202306

Price$300,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,254