4748 PORTLAND AVE MINNEAPOLIS MN 55407

PID: 1502824110141

Property Overview

Parcel ID1502824110141

Lot Size4,764 sq ft (0.109 ac)

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

Year Built1926

Property ClassRESIDENTIAL

OwnerSUSAN M SMALL

Assessed Value$301,200

Land Value$108,000

Building Value$193,200

Annual Tax$4,374

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

3 permits on record since 2019 · $5K total declared value · Most recent: Feb 2026 (res)

ResFeb 2026Closed

Warners Stellian Co Inc

ResJan 2026Closed

Warners Stellian Co Inc

MiscMar 2019Closed

$5K

RENEWAL BY ANDERSEN CORP

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

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

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 width30 ft

Buildable depth79 ft

Area~2,372 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 2,372 sqft buildable area.

Est. units

Yield on cost

1.5%

Spread

-4.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4744 PORTLAND AVE MINNEAPOLIS MN 55407	P R SCHREIBER & F BOJSEN	RESIDENTIAL	$457,700	40 ft
4754 PORTLAND AVE MINNEAPOLIS MN 55407	STEPHEN A FELDMAN	RESIDENTIAL-TWO UNIT	$471,200	58 ft
4740 PORTLAND AVE MINNEAPOLIS MN 55407	EDMOND MANNING	RESIDENTIAL	$330,200	80 ft
4736 PORTLAND AVE MINNEAPOLIS MN 55407	ZACHARY HEINRICH/CHLOE MARK	RESIDENTIAL	$385,700	120 ft
4745 5TH AVE S MINNEAPOLIS MN 55419	BRADY GRIMM	RESIDENTIAL	$491,100	136 ft
4753 5TH AVE S MINNEAPOLIS MN 55419	JEWEL E CULP-HODGE ET AL	RESIDENTIAL	$356,600	137 ft
4741 5TH AVE S MINNEAPOLIS MN 55419	VERNA DAVIS	RESIDENTIAL	$365,500	154 ft
4757 5TH AVE S MINNEAPOLIS MN 55419	G M GALLAGHER/J M GALLAGHER	RESIDENTIAL	$205,400	155 ft
4732 PORTLAND AVE MINNEAPOLIS MN 55407	MATT WIEGAND/SARAH WIEGAND	RESIDENTIAL	$826,000	160 ft
4737 5TH AVE S MINNEAPOLIS MN 55419	QUINN MAZUR & MARK MAZUR	RESIDENTIAL	$175,100	177 ft

Property History

Most Recent Sale

Date199012

Price$64,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,374