4849 PORTLAND AVE MINNEAPOLIS MN 55417

PID: 1402824230050

Property Overview

Parcel ID1402824230050

Lot Size5,382 sq ft (0.124 ac)

Lot Dimensions (est.)120 ft wide × 45 ft deep

Year Built1930

Property ClassRESIDENTIAL

OwnerHUGH MULLIGAN & A MULLIGAN

Assessed Value$448,000

Land Value$145,000

Building Value$303,000

Annual Tax$6,822

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 rent1,682/mo

Renter-occupied6.3%

Median home value$446K

Vacancy rate4.8%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1116

Market Snapshot

Zip code 55417

Median sale price$371K-4.4% YoY

Median price / sqft$244/sqft

Median days to close34 days

Active listings28

Source: Redfin Data Center (Invalid Date) · Zip 55417

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 width35 ft

Buildable depth80 ft

Area~2,785 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 2,785 sqft buildable area.

Est. units

Yield on cost

2.5%

Spread

-3.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4847 PORTLAND AVE MINNEAPOLIS MN 55417	ANTHONY DAVIS/NICOLE E DAVIS	RESIDENTIAL	$436,600	45 ft
4853 PORTLAND AVE MINNEAPOLIS MN 55417	A DAVIDSON & A DAVIDSON	RESIDENTIAL	$321,700	47 ft
4843 PORTLAND AVE MINNEAPOLIS MN 55417	K SHEPHERD/D WAMSLEY ET AL	RESIDENTIAL	$404,900	90 ft
4835 PORTLAND AVE MINNEAPOLIS MN 55417	BRANDON ALAN CROWSON	RESIDENTIAL	$329,900	131 ft
4850 OAKLAND AVE MINNEAPOLIS MN 55417	A THEOHARIDES/M BARZEN	RESIDENTIAL	$531,800	132 ft
4846 OAKLAND AVE MINNEAPOLIS MN 55417	JANIS KATHERINE NEGRATTI	RESIDENTIAL	$425,900	133 ft
4854 OAKLAND AVE MINNEAPOLIS MN 55417	RUPAK NAG & WENDY L NAG	RESIDENTIAL	$434,700	142 ft
4842 OAKLAND AVE MINNEAPOLIS MN 55417	PAULA A WARD	RESIDENTIAL	$475,100	146 ft
4901 PORTLAND AVE MINNEAPOLIS MN 55417	MICHAEL WALDSTEIN ET AL	RESIDENTIAL	$377,500	155 ft
4831 PORTLAND AVE MINNEAPOLIS MN 55417	JAVIER CASTILLO	RESIDENTIAL	$287,800	168 ft

Property History

Most Recent Sale

Date201707

Price$329,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,822