Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗Signals are based on public datasets; program eligibility requires verification.
1 permit on record since 2020 · $14K total declared value · Most recent: Jan 2020 (remodel)
Bernie Frey
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
South Uptown · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1092
Zip code 55408
Source: Redfin Data Center (Invalid Date) · Zip 55408
Urban Neighborhood 2 — moderate-density residential
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 10,300 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3412 COLFAX AVE S MINNEAPOLIS MN 55408 | DUPONT VILLA L L C | APARTMENT | $2,420,800 | 105 ft |
| 3434 COLFAX AVE S MINNEAPOLIS MN 55408 | DUPONT VILLA L L C | APARTMENT | $1,785,000 | 126 ft |
| 3421 DUPONT AVE S MINNEAPOLIS MN 55408 | DUPONT VILLA L L C | APARTMENT | $1,785,000 | 141 ft |
| 3411 DUPONT AVE S MINNEAPOLIS MN 55408 | DUPONT VILLA L L C | APARTMENT | $1,785,000 | 165 ft |
| 3404 COLFAX AVE S MINNEAPOLIS MN 55408 | ALEXANDER BOONE | RESIDENTIAL-TWO UNIT | $505,200 | 168 ft |
| 3431 DUPONT AVE S MINNEAPOLIS MN 55408 | DUPONT VILLA L L C | APARTMENT | $1,785,000 | 181 ft |
| 3401 COLFAX AVE S MINNEAPOLIS MN 55408 | COLFAX APARTMENTS LLC | APARTMENT | $6,425,000 | 207 ft |
| 3440 COLFAX AVE S MINNEAPOLIS MN 55408 | ROBERT W ZALAZNIK | APARTMENT | $787,000 | 211 ft |
| 3400 COLFAX AVE S MINNEAPOLIS MN 55408 | COMMUNITY HOUSING RESOURCES | APARTMENT | $0 | 211 ft |
| 3433 COLFAX AVE S MINNEAPOLIS MN 55408 | COLFAX APARTMENTS LLC | APARTMENT | $3,708,000 | 226 ft |
Most Recent Sale
Current Tax Year