5015 PORTLAND AVE MINNEAPOLIS MN 55417

PID: 1402824320046

Property Overview

Parcel ID1402824320046

Lot Size5,938 sq ft (0.136 ac)

Lot Dimensions (est.)127 ft wide × 47 ft deep

Year Built1927

Property ClassRESIDENTIAL

OwnerESSIE JENKINS

Assessed Value$428,700

Land Value$135,000

Building Value$293,700

Annual Tax$7,497

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

5 permits on record since 2017 · $34K total declared value · Most recent: Nov 2023 (misc)

MiscNov 2023Closed

$10K

A-TEAM CONSTRUCTION INC

MiscJan 2022Closed

$2K

MERIDIAN PROPERTIES LLC

RemodelSep 2020Closed

$16K

R & T Cement

MiscMay 2017Closed

$6K

CUSTOM REMODELERS LLC

ExistresMar 2017Closed

CENTERPOINT ENERGY

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

Neighborhood Profile

Page · 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 width41 ft

Buildable depth76 ft

Area~3,123 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 3,123 sqft buildable area.

Est. units

Yield on cost

2.3%

Spread

-3.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5017 PORTLAND AVE MINNEAPOLIS MN 55417	C M SCHWITZER/J P SCHWITZER	RESIDENTIAL	$446,500	43 ft
5021 PORTLAND AVE MINNEAPOLIS MN 55417	M & C F LINARES	RESIDENTIAL	$360,100	84 ft
601 E MINNEHAHA PKWY MINNEAPOLIS MN 55417	PAUL J & JULIE PENA	RESIDENTIAL-TWO UNIT	$552,200	102 ft
609 E MINNEHAHA PKWY MINNEAPOLIS MN 55417	DASH MILLER	RESIDENTIAL	$573,000	103 ft
613 E MINNEHAHA PKWY MINNEAPOLIS MN 55417	SCOTT ALDEN HANSEN	RESIDENTIAL	$439,000	119 ft
5025 PORTLAND AVE MINNEAPOLIS MN 55417	J R POLLOWAY & C B STEPHENS	RESIDENTIAL	$339,400	124 ft
5012 OAKLAND AVE MINNEAPOLIS MN 55417	J N MEYER/L K M MEYER	RESIDENTIAL	$513,000	139 ft
617 E MINNEHAHA PKWY MINNEAPOLIS MN 55417	MARY E CASH & DARRELL CASH	RESIDENTIAL	$539,600	140 ft
5000 LUVERNE AVE MINNEAPOLIS MN 55419	KRISTEN A OTTE REV TRUST	RESIDENTIAL	$435,000	150 ft
5029 PORTLAND AVE MINNEAPOLIS MN 55417	HANNAH SCHMITZ	RESIDENTIAL	$420,000	163 ft

Property History

Current Tax Year

Year2026

Tax Due$7,497