RealtyLens
for saleRealtyLens property overview
$450,000

4849 Portland Ave

Minneapolis, MN, 55417
View more Minneapolis, MN property pages
3Beds
1Baths
1,552Sqft
$290$/sqft

Listing Notes

Picturesque on Portland! Find peace in your classic South MPLS Tudor, with updates throughout! This home stands out from the street, with beautiful Tudor-style architecture, healthy ivy, and lush grass. Head inside and be wowed by gorgeous hardwood floors spanning throughout the main level, with natural woodwork accents adorning. The kitchen features abundant cabinetry, newer stainless steel appliances, updated light fixtures, and a walkout to your lovely backyard. The backyard was fully fenced in 2025 with beautiful privacy fencing. Back inside, the main level is rounded out by two spacious bedrooms and a remodeled bathroom. Upstairs, this home's crowned jewel is the primary bedroom. With a large footprint, all it takes is your imagination to make this a true primary suite! Add an ensuite bath up here, split it up to add a true home office the possibilities are endless. Downstairs, the basement has great ceiling height and could be easily finished. Just steps from Minnehaha Creek this home is incredibly poised to fit your needs.

Market Insights

Above nearby median+11%

$290/sqft vs a nearby median of $262/sqft.

Nearby median$262/sqft
Nearby properties8
Property size1,552 sqft
  • +11% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,552 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$399k$366k$432k · 57% confidence
vs ask $450k+$51k (+11.3%)

Asking price is about 11.3% above where comps + adjustments land — there is room to negotiate.

$256/sqft median across 5 tight comps × 1,552 sqft= $397k
  • Pre-war character+$10k +2.5%
  • Sparse street life−$6k −1.5%
  • Moderate flood-area edge−$2k −0.5%
Cumulative NYC adjustments+$2k+0.5%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position+11% vs nearby

The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
4 days
Last price change
No change recorded
Listed
May 8, 2026
Photos
46 photos
Property type
single family
Status
for sale
Last sold
Aug 23, 2017 · $329,900
Garage
1 space

Features & Amenities

Outdoor SpaceDishwasherFireplaceHardwood FloorsLaundry RoomWasher DryerBasementSingle StoryGarage 1 Or MoreEnsuiteHome OfficeOfficePrivacy Fence

Photos

Price History

May 8, 2026Initial record
$450,000for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.