4612 PORTLAND AVE MINNEAPOLIS MN 55407

PID: 1502824110029

Property Overview

Parcel ID1502824110029

Lot Size4,757 sq ft (0.109 ac)

Lot Dimensions (est.)119 ft wide × 40 ft deep

Year Built1925

Property ClassRESIDENTIAL

OwnerDEBORAH A DONAGHY

Assessed Value$323,800

Land Value$108,000

Building Value$215,800

Annual Tax$4,750

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

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Field · 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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth79 ft

Area~2,367 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 small multifamily (2–4 units, wood frame) benchmarks for 2,367 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4608 PORTLAND AVE MINNEAPOLIS MN 55407	KALEY INGENITO	RESIDENTIAL	$407,300	40 ft
4616 PORTLAND AVE MINNEAPOLIS MN 55407	KEVAN D AHLQUIST	RESIDENTIAL	$447,000	40 ft
4604 PORTLAND AVE MINNEAPOLIS MN 55407	VANESSA L KNOEDLER	RESIDENTIAL	$368,500	80 ft
4620 PORTLAND AVE MINNEAPOLIS MN 55407	SINEAD BARRY	RESIDENTIAL	$286,800	80 ft
4600 PORTLAND AVE MINNEAPOLIS MN 55407	C PROVART & R A PROVART	RESIDENTIAL	$352,000	117 ft
4624 PORTLAND AVE MINNEAPOLIS MN 55407	T J WILLIAMS & L S WILLIAMS	RESIDENTIAL	$346,600	120 ft
4613 5TH AVE S MINNEAPOLIS MN 55419	CARRIE J NIELSEN	RESIDENTIAL	$284,200	133 ft
4609 5TH AVE S MINNEAPOLIS MN 55419	JAMES D ANDERSON ETAL	RESIDENTIAL	$360,900	138 ft
4617 5TH AVE S MINNEAPOLIS MN 55419	CORDELIA HALL-REINHARD ET AL	RESIDENTIAL	$318,600	139 ft
4605 5TH AVE S MINNEAPOLIS MN 55419	STEVEN & MARY MORRISSETTE	RESIDENTIAL	$407,600	153 ft

Property History

Current Tax Year

Year2026

Tax Due$4,750