5409 PORTLAND AVE MINNEAPOLIS MN 55417

PID: 2302824220069

Property Overview

Parcel ID2302824220069

Lot Size12,835 sq ft (0.295 ac)

Lot Dimensions (est.)260 ft wide × 49 ft deep

Year Built1938

Property ClassRESIDENTIAL

OwnerJONATHAN R & ANNE V KEALING

Assessed Value$471,000

Land Value$183,000

Building Value$288,000

Annual Tax$7,264

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

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 width40 ft

Buildable depth217 ft

Area~8,658 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 8,658 sqft buildable area.

Est. units

Yield on cost

3.2%

Spread

-2.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5415 PORTLAND AVE MINNEAPOLIS MN 55417	H G NEWELL & L E NEWELL	RESIDENTIAL	$506,000	50 ft
5405 PORTLAND AVE MINNEAPOLIS MN 55417	K H FOX JOHNSON TRUST	RESIDENTIAL	$358,000	50 ft
5417 PORTLAND AVE MINNEAPOLIS MN 55417	BRIAN JOHNSON/KAREN JOHNSON	RESIDENTIAL	$549,400	100 ft
5401 PORTLAND AVE MINNEAPOLIS MN 55417	G AF GODDARD & K E REDALEN	RESIDENTIAL	$552,000	103 ft
5421 PORTLAND AVE MINNEAPOLIS MN 55417	T M & S E KUNAU	RESIDENTIAL	$491,700	150 ft
5425 PORTLAND AVE MINNEAPOLIS MN 55417	J J HEJLSTONE/P C HEJLSTONE	RESIDENTIAL	$583,000	200 ft
5355 PORTLAND AVE MINNEAPOLIS MN 55417	WILLIAM A ENGEL	RESIDENTIAL-TWO UNIT	$631,800	226 ft
5408 PARK AVE MINNEAPOLIS MN 55417	JEFF T HENNING-SMITH ET AL	RESIDENTIAL	$524,200	247 ft
5412 PARK AVE MINNEAPOLIS MN 55417	D C MORENO & J B MORENO	RESIDENTIAL	$521,300	250 ft
5429 PORTLAND AVE MINNEAPOLIS MN 55417	I M ROHDE & N E CLARK	RESIDENTIAL	$485,800	250 ft

Property History

Most Recent Sale

Date201405

Price$327,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,264