6129 PORTLAND AVE MINNEAPOLIS MN 55417

PID: 2302824330046

Property Overview

Parcel ID2302824330046

Lot Size6,860 sq ft (0.157 ac)

Lot Dimensions (est.)140 ft wide × 49 ft deep

Year Built1959

Property ClassRESIDENTIAL-TWO UNIT

OwnerJ M & G L CLAFLIN

Assessed Value$383,800

Land Value$109,000

Building Value$274,800

Annual Tax$5,751

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2018 · $2K total declared value · Most recent: Apr 2023 (misc)

MiscApr 2023Expired

$2K

THE HOME DEPOT

ExistresNov 2018Closed

CenterPoint Energy Resource Corp

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

RM1Residence Goods and Services

Residential Mixed-Use 1 — low-density mixed residential

Typical Uses

·Apartments
·Townhomes
·Neighborhood-scale retail on ground floor

Max Height45 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width39 ft

Buildable depth100 ft

Area~3,899 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 3-story wood frame (5–12 units) benchmarks for 3,899 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
6125 PORTLAND AVE MINNEAPOLIS MN 55417	E S PALOMINO & A SANTANA	RESIDENTIAL-TWO UNIT	$398,700	49 ft
6133 PORTLAND AVE MINNEAPOLIS MN 55417	E S PALOMINO & J G BURGOS	RESIDENTIAL-TWO UNIT	$390,400	49 ft
6121 PORTLAND AVE MINNEAPOLIS MN 55417	NICK KOZAK & LUDA KOZAK	RESIDENTIAL	$390,600	99 ft
6158 PARK AVE MINNEAPOLIS MN 55417	R M STEINKE & I ASHTON	RESIDENTIAL-TWO UNIT	$410,000	215 ft
6130 PORTLAND AVE MINNEAPOLIS MN 55417	JERRY A NELSON	RESIDENTIAL-TWO UNIT	$358,500	225 ft
6128 PORTLAND AVE MINNEAPOLIS MN 55417	RODRIGO JUAREZ	RESIDENTIAL-TWO UNIT	$429,100	229 ft
6124 PORTLAND AVE MINNEAPOLIS MN 55417	MARJORIE L KYRIOPOULOS TRSTE	RESIDENTIAL-TWO UNIT	$463,200	245 ft
6150 PARK AVE MINNEAPOLIS MN 55417	D M MCGUFFEE/C L MCGUFFEE	RESIDENTIAL	$527,200	259 ft
6120 PORTLAND AVE MINNEAPOLIS MN 55417	P M MERRIGAN & D G MERRIGAN	RESIDENTIAL-TWO UNIT	$438,100	271 ft
6109 PORTLAND AVE MINNEAPOLIS MN 55417	SHAWNDA JOHNSON	RESIDENTIAL	$337,900	283 ft

Property History

Most Recent Sale

Date199701

Price$107,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,751