5141 PORTLAND AVE MINNEAPOLIS MN 55417

PID: 1402824320062

Property Overview

Parcel ID1402824320062

Lot Size5,765 sq ft (0.132 ac)

Lot Dimensions (est.)152 ft wide × 38 ft deep

Year Built1950

Property ClassRESIDENTIAL

OwnerD & M WILLIAMS

Assessed Value$426,600

Land Value$166,000

Building Value$260,600

Annual Tax$6,464

Environmental Constraints

FloodplainYes — Zone AE

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

3 permits on record since 2018 · $31K total declared value · Most recent: Jul 2022 (misc)

MiscJul 2022Closed

$22K

CAPITAL CONSTRUCTION LLC

ResSep 2018Closed

Precision Plumbing and Heating Inc

RemodelAug 2018Closed

$9K

MYERS CONSTRUCTION MGMT INC

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 width35 ft

Buildable depth88 ft

Area~3,200 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 3,200 sqft buildable area.

Est. units

Yield on cost

2.2%

Spread

-3.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5145 PORTLAND AVE MINNEAPOLIS MN 55417	G P & L G STROMGREN	RESIDENTIAL	$376,500	47 ft
5131 PORTLAND AVE MINNEAPOLIS MN 55417	ARTURO & SAMANTHA MENDIOLA	RESIDENTIAL	$493,000	53 ft
5149 PORTLAND AVE MINNEAPOLIS MN 55417	D DAVISON & K DAVISON	RESIDENTIAL	$438,200	97 ft
5124 OAKLAND AVE MINNEAPOLIS MN 55417	JOHAN S BERMUDEZ TORRES	RESIDENTIAL-TWO UNIT	$383,000	97 ft
5120 OAKLAND AVE MINNEAPOLIS MN 55417	C J JOHNSTONE & H MILLER	RESIDENTIAL	$541,000	155 ft
5151 PORTLAND AVE MINNEAPOLIS MN 55417	E L ANDERSON & R T ANDRESEN	RESIDENTIAL	$512,800	165 ft
5125 PORTLAND AVE MINNEAPOLIS MN 55417	V W ST CLAIR & H ST CLAIR	RESIDENTIAL	$554,000	173 ft
5137 OAKLAND AVE MINNEAPOLIS MN 55417	JOHN M BASSETT	RESIDENTIAL	$367,000	174 ft
5141 OAKLAND AVE MINNEAPOLIS MN 55417	S TEITELBAUM & J ROSCKES	RESIDENTIAL	$378,000	175 ft
5133 OAKLAND AVE MINNEAPOLIS MN 55417	STEPHANIE ANNE LAWSON	RESIDENTIAL	$334,000	182 ft

Property History

Current Tax Year

Year2026

Tax Due$6,464