4921 PORTLAND AVE MINNEAPOLIS MN 55417

PID: 1402824230218

Property Overview

Parcel ID1402824230218

Lot Size5,275 sq ft (0.121 ac)

Lot Dimensions (est.)120 ft wide × 44 ft deep

Year Built1935

Property ClassRESIDENTIAL

OwnerH BESTILNY & O BESTILNY

Assessed Value$419,800

Land Value$146,000

Building Value$273,800

Annual Tax$6,351

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

9 permits on record since 2018 · $101K total declared value · Most recent: Jul 2025 (misc)

MiscJul 2025Final Inspection

$1K

CREW2 INC

ResJun 2024Closed

Boevaag Plumbing Inc

ResMar 2024Closed

Boevaag Plumbing Inc

ExistresMar 2024Closed

Air Mechanical Inc

AdditionFeb 2024Closed

$89K

ROBERTS RESIDENTIAL REMODELING INC

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 width34 ft

Buildable depth80 ft

Area~2,715 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 2,715 sqft buildable area.

Est. units

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4925 PORTLAND AVE MINNEAPOLIS MN 55417	M L JOHANNES & L J JOHANNES	RESIDENTIAL	$430,500	44 ft
4917 PORTLAND AVE MINNEAPOLIS MN 55417	JAMES JACKSON/REGINA JACKSON	RESIDENTIAL	$427,100	44 ft
4929 PORTLAND AVE MINNEAPOLIS MN 55417	JORGE URBINA & CLIFTON BEYER	RESIDENTIAL	$580,600	88 ft
4915 PORTLAND AVE MINNEAPOLIS MN 55417	M E GREENLUND/SETH GREENLUND	RESIDENTIAL	$398,700	88 ft
4920 OAKLAND AVE MINNEAPOLIS MN 55417	J P LOWRY & C J LOWRY	RESIDENTIAL	$609,000	132 ft
4933 PORTLAND AVE MINNEAPOLIS MN 55417	MARY A HUTTNER TRUST	RESIDENTIAL	$540,700	132 ft
4909 PORTLAND AVE MINNEAPOLIS MN 55417	M A BOUDREAU & T L ESPICH	RESIDENTIAL	$461,200	132 ft
4924 OAKLAND AVE MINNEAPOLIS MN 55417	D & C MASON REV LIV TRUST	RESIDENTIAL	$460,400	138 ft
4916 OAKLAND AVE MINNEAPOLIS MN 55417	CHRISTINA L HESTER TR ET AL	RESIDENTIAL	$497,700	139 ft
4928 OAKLAND AVE MINNEAPOLIS MN 55417	B DAVIDSON & H DAVIDSON	RESIDENTIAL	$328,000	158 ft

Property History

Most Recent Sale

Date198604

Price$75,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$6,351