4600 PORTLAND AVE MINNEAPOLIS MN 55407

PID: 1502824110026

Property Overview

Parcel ID1502824110026

Lot Size4,201 sq ft (0.096 ac)

Lot Dimensions (est.)119 ft wide × 35 ft deep

Year Built1926

Property ClassRESIDENTIAL

OwnerC PROVART & R A PROVART

Assessed Value$352,000

Land Value$100,000

Building Value$252,000

Annual Tax$5,220

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 rent1,858/mo

Renter-occupied11.4%

Median home value$326K

Vacancy rate2.9%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1109

Market Snapshot

Zip code 55407

Median sale price$340K+1.5% YoY

Median price / sqft$214/sqft

Median days to close22 days

Active listings49

Source: Redfin Data Center (Invalid Date) · Zip 55407

Zoning

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)10 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width104 ft

Buildable depth0 ft

Area~1,604 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 small multifamily (2–4 units, wood frame) benchmarks for 1,604 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4604 PORTLAND AVE MINNEAPOLIS MN 55407	VANESSA L KNOEDLER	RESIDENTIAL	$368,500	38 ft
4608 PORTLAND AVE MINNEAPOLIS MN 55407	KALEY INGENITO	RESIDENTIAL	$407,300	77 ft
4556 PORTLAND AVE MINNEAPOLIS MN 55407	MARK FREDRICKSON	RESIDENTIAL	$269,100	104 ft
4612 PORTLAND AVE MINNEAPOLIS MN 55407	DEBORAH A DONAGHY	RESIDENTIAL	$323,800	117 ft
4601 5TH AVE S MINNEAPOLIS MN 55419	JUAN ROJAS ORTIZ	RESIDENTIAL	$347,700	133 ft
4605 5TH AVE S MINNEAPOLIS MN 55419	STEVEN & MARY MORRISSETTE	RESIDENTIAL	$407,600	139 ft
4552 PORTLAND AVE MINNEAPOLIS MN 55407	E J UNGER & V R BAERTLEIN	RESIDENTIAL	$272,700	144 ft
4609 5TH AVE S MINNEAPOLIS MN 55419	JAMES D ANDERSON ETAL	RESIDENTIAL	$360,900	155 ft
4616 PORTLAND AVE MINNEAPOLIS MN 55407	KEVAN D AHLQUIST	RESIDENTIAL	$447,000	158 ft
4553 5TH AVE S MINNEAPOLIS MN 55419	S T MILLER & S C MILLER	RESIDENTIAL	$322,000	179 ft

Property History

Most Recent Sale

Date202107

Price$355,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,220