4909 PORTLAND AVE MINNEAPOLIS MN 55417

PID: 1402824230221

Property Overview

Parcel ID1402824230221

Lot Size5,271 sq ft (0.121 ac)

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

Year Built1931

Property ClassRESIDENTIAL

OwnerM A BOUDREAU & T L ESPICH

Assessed Value$461,200

Land Value$146,000

Building Value$315,200

Annual Tax$7,043

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

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~2,712 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 2,712 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
4915 PORTLAND AVE MINNEAPOLIS MN 55417	M E GREENLUND/SETH GREENLUND	RESIDENTIAL	$398,700	44 ft
4905 PORTLAND AVE MINNEAPOLIS MN 55417	C J ROETHLER & K A HOROWITZ	RESIDENTIAL	$402,700	44 ft
4917 PORTLAND AVE MINNEAPOLIS MN 55417	JAMES JACKSON/REGINA JACKSON	RESIDENTIAL	$427,100	88 ft
4901 PORTLAND AVE MINNEAPOLIS MN 55417	MICHAEL WALDSTEIN ET AL	RESIDENTIAL	$377,500	88 ft
4908 OAKLAND AVE MINNEAPOLIS MN 55417	L K SMRCKA & A C FISHBAUGH	RESIDENTIAL	$451,300	132 ft
4921 PORTLAND AVE MINNEAPOLIS MN 55417	H BESTILNY & O BESTILNY	RESIDENTIAL	$419,800	132 ft
4904 OAKLAND AVE MINNEAPOLIS MN 55417	CECILE M BEDOR	RESIDENTIAL	$456,800	139 ft
4912 OAKLAND AVE MINNEAPOLIS MN 55417	MARYON IRENE KELLAR	RESIDENTIAL	$432,900	139 ft
4916 OAKLAND AVE MINNEAPOLIS MN 55417	CHRISTINA L HESTER TR ET AL	RESIDENTIAL	$497,700	158 ft
4900 OAKLAND AVE MINNEAPOLIS MN 55417	JOHN & JANE VOGL TRUST	RESIDENTIAL	$351,100	159 ft

Property History

Most Recent Sale

Date202303

Price$469,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,043