4821 PORTLAND AVE MINNEAPOLIS MN 55417

PID: 1402824230113

Property Overview

Parcel ID1402824230113

Lot Size4,418 sq ft (0.101 ac)

Lot Dimensions (est.)119 ft wide × 37 ft deep

Year Built1917

Property ClassRESIDENTIAL

OwnerKELLI PETERSON

Assessed Value$306,300

Land Value$129,000

Building Value$177,300

Annual Tax$4,458

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

1 permit on record since 2023 · $11K total declared value · Most recent: Oct 2023 (misc)

MiscOct 2023Closed

$11K

MILL CITY DESIGN BUILD LLC

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

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 width27 ft

Buildable depth79 ft

Area~2,143 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 2,143 sqft buildable area.

Est. units

Yield on cost

1.6%

Spread

-3.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4825 PORTLAND AVE MINNEAPOLIS MN 55417	J M BOLLER & L C HAWTHORNE	RESIDENTIAL	$367,300	37 ft
4817 PORTLAND AVE MINNEAPOLIS MN 55417	RICHARD A SOLI & WIFE	RESIDENTIAL	$394,800	37 ft
4815 PORTLAND AVE MINNEAPOLIS MN 55417	G RENDEN & S WINTERS	RESIDENTIAL	$490,000	74 ft
4827 PORTLAND AVE MINNEAPOLIS MN 55417	C C CORICH & S M RUZEK	RESIDENTIAL	$401,900	76 ft
4811 PORTLAND AVE MINNEAPOLIS MN 55417	R N KANNAS & C M KANNAS	RESIDENTIAL	$418,400	111 ft
4831 PORTLAND AVE MINNEAPOLIS MN 55417	JAVIER CASTILLO	RESIDENTIAL	$287,800	114 ft
4820 OAKLAND AVE MINNEAPOLIS MN 55417	GRAHAM JAMES & AMBER JAMES	RESIDENTIAL	$497,600	131 ft
4824 OAKLAND AVE MINNEAPOLIS MN 55417	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	136 ft
4818 OAKLAND AVE MINNEAPOLIS MN 55417	M LINDVIG/A B RENNER-LINDVIG	RESIDENTIAL	$438,800	137 ft
4809 PORTLAND AVE MINNEAPOLIS MN 55417	A L JENKINS & S A NOTEBAART	RESIDENTIAL	$366,300	148 ft

Property History

Most Recent Sale

Date202101

Price$280,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,458