5823 PORTLAND AVE MINNEAPOLIS MN 55417

PID: 2302824230057

Property Overview

Parcel ID2302824230057

Lot Size7,174 sq ft (0.165 ac)

Lot Dimensions (est.)136 ft wide × 53 ft deep

Year Built1941

Property ClassRESIDENTIAL

OwnerELIZABETH JOHNSON

Assessed Value$506,000

Land Value$147,000

Building Value$359,000

Annual Tax$7,806

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

Diamond Lake · Minneapolis

Median reported rent1,284/mo

Renter-occupied43.4%

Median home value$373K

Vacancy rate7.4%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 120.03

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 width50 ft

Buildable depth80 ft

Area~4,013 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 4,013 sqft buildable area.

Est. units

Yield on cost

2.8%

Spread

-2.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5829 PORTLAND AVE MINNEAPOLIS MN 55417	N A GEBERT & K A GEBERT	RESIDENTIAL	$623,000	56 ft
5817 PORTLAND AVE MINNEAPOLIS MN 55417	J JOLDERSMA & A HOCHREIN	RESIDENTIAL	$533,900	58 ft
5835 PORTLAND AVE MINNEAPOLIS MN 55417	JENNIFER LYNN REW	RESIDENTIAL	$534,000	112 ft
5811 PORTLAND AVE MINNEAPOLIS MN 55417	A L WALLES & Z GILBERTSON	RESIDENTIAL	$479,100	116 ft
5820 OAKLAND AVE MINNEAPOLIS MN 55417	JAMES SOLHEID & MARY SOLHEID	RESIDENTIAL	$530,400	137 ft
5816 OAKLAND AVE MINNEAPOLIS MN 55417	L R MICHAEL JR/M J GOEPPNER	RESIDENTIAL	$446,200	140 ft
5824 OAKLAND AVE MINNEAPOLIS MN 55417	P R COLWELL	RESIDENTIAL	$495,800	167 ft
5812 OAKLAND AVE MINNEAPOLIS MN 55417	T R ASLESEN & B A ASLESEN	RESIDENTIAL	$487,000	170 ft
5843 PORTLAND AVE MINNEAPOLIS MN 55417	B S MURRAY & R L MURRAY	RESIDENTIAL	$543,300	170 ft
5805 PORTLAND AVE MINNEAPOLIS MN 55417	ANNETTE RAE BIEDERMAN	RESIDENTIAL	$400,200	174 ft

Property History

Most Recent Sale

Date202511

Price$508,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,806