4725 PORTLAND AVE MINNEAPOLIS MN 55407

PID: 1402824220072

Property Overview

Parcel ID1402824220072

Lot Size5,004 sq ft (0.115 ac)

Lot Dimensions (est.)119 ft wide × 42 ft deep

Year Built1923

Property ClassRESIDENTIAL

OwnerG M GALLAGHER/J M GALLAGHER

Assessed Value$171,000

Land Value$110,000

Building Value$61,000

Annual Tax$2,637

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

Field · 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 width32 ft

Buildable depth79 ft

Area~2,532 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 2,532 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
4729 PORTLAND AVE MINNEAPOLIS MN 55407	K J LYMAN & S R JORDAN	RESIDENTIAL	$292,400	41 ft
4721 PORTLAND AVE MINNEAPOLIS MN 55407	DANIEL L & CHERON BERG	RESIDENTIAL	$281,100	42 ft
4733 PORTLAND AVE MINNEAPOLIS MN 55407	LORI A GARDUNO	RESIDENTIAL	$338,900	81 ft
4717 PORTLAND AVE MINNEAPOLIS MN 55407	MELISSA M DEEG	RESIDENTIAL	$359,000	85 ft
4737 PORTLAND AVE MINNEAPOLIS MN 55407	J DOOLEY & H SMITH	RESIDENTIAL	$589,400	121 ft
4715 PORTLAND AVE MINNEAPOLIS MN 55407	LINDSEY VRTIS/MITCHELL PAROD	RESIDENTIAL	$429,700	128 ft
4724 OAKLAND AVE MINNEAPOLIS MN 55407	M MATTINGLY & L MATTINGLY	RESIDENTIAL	$438,400	131 ft
4728 OAKLAND AVE MINNEAPOLIS MN 55407	D E SMITH & C SMITH	RESIDENTIAL	$350,400	137 ft
4720 OAKLAND AVE MINNEAPOLIS MN 55407	D S ANDERSON & E L ANDERSON	RESIDENTIAL	$274,200	138 ft
4732 OAKLAND AVE MINNEAPOLIS MN 55407	S L RICHTERKESSING ET AL	RESIDENTIAL	$276,900	154 ft

Property History

Most Recent Sale

Date200909

Price$51,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,637