5873 PORTLAND AVE MINNEAPOLIS MN 55417

PID: 2302824320016

Property Overview

Parcel ID2302824320016

Lot Size7,152 sq ft (0.164 ac)

Lot Dimensions (est.)119 ft wide × 60 ft deep

Year Built1940

Property ClassRESIDENTIAL

OwnerM D MOEN & K J CLARK-MOEN

Assessed Value$534,000

Land Value$146,000

Building Value$388,000

Annual Tax$8,354

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

13 permits on record since 2016 · $236K total declared value · Most recent: Mar 2025 (res)

ResMar 2025Cancelled

Hero Home Services LLC

ResApr 2021Closed

Master Gas Fitters Inc

ResMar 2021Closed

Precision Plumbing and Heating Inc

ResFeb 2021Closed

Sayler Heating & Air Conditioning Inc

ExistresFeb 2021Closed

Sayler Heating & Air Conditioning Inc

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

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 depth79 ft

Area~3,958 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 3,958 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
5879 PORTLAND AVE MINNEAPOLIS MN 55417	ERIK HENSEL/GISELA SANTIAGO	RESIDENTIAL	$492,700	60 ft
5867 PORTLAND AVE MINNEAPOLIS MN 55417	B P WOODS & B M WOODS	RESIDENTIAL	$424,500	60 ft
5885 PORTLAND AVE MINNEAPOLIS MN 55417	M W SMITH & K A SMITH	RESIDENTIAL	$382,500	120 ft
5861 PORTLAND AVE MINNEAPOLIS MN 55417	R & K THOMAS	RESIDENTIAL	$390,500	120 ft
5848 OAKLAND AVE MINNEAPOLIS MN 55417	J B TURNER & T TURNER	RESIDENTIAL	$474,200	133 ft
5854 OAKLAND AVE MINNEAPOLIS MN 55417	D & K ANDERSON	RESIDENTIAL	$490,500	145 ft
5842 OAKLAND AVE MINNEAPOLIS MN 55417	J E NEITZ & C M NEITZ	RESIDENTIAL	$430,100	146 ft
5860 OAKLAND AVE MINNEAPOLIS MN 55417	LUIS EDUARDO ROMO III ET AL	RESIDENTIAL	$526,800	178 ft
5855 PORTLAND AVE MINNEAPOLIS MN 55417	H D SEUNTJENS/K J SEUNTJENS	RESIDENTIAL	$555,700	179 ft
5836 OAKLAND AVE MINNEAPOLIS MN 55417	DAVID LABERGE & HOPE LABERGE	RESIDENTIAL	$484,000	180 ft

Property History

Most Recent Sale

Date200909

Price$300,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,354