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.
3 permits on record since 2020 · $3K total declared value · Most recent: Mar 2020 (comnofdbv)
Scherer Plumbing, LLC
Scherer Plumbing, LLC
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 10,302 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3440 COLFAX AVE S MINNEAPOLIS MN 55408 | ROBERT W ZALAZNIK | APARTMENT | $787,000 | 84 ft |
| 3424 COLFAX AVE S MINNEAPOLIS MN 55408 | DUPONT VILLA L L C | APARTMENT | $1,785,000 | 126 ft |
| 3444 COLFAX AVE S MINNEAPOLIS MN 55408 | LYNDA SMITH | APARTMENT | $855,000 | 126 ft |
| 3431 DUPONT AVE S MINNEAPOLIS MN 55408 | DUPONT VILLA L L C | APARTMENT | $1,785,000 | 141 ft |
| 3441 DUPONT AVE S MINNEAPOLIS MN 55408 | DUPONT VILLA L L C | APARTMENT | $1,785,000 | 167 ft |
| 3448 COLFAX AVE S MINNEAPOLIS MN 55408 | DONALD B HOOVER | RESIDENTIAL-TWO UNIT | $402,700 | 169 ft |
| 3421 DUPONT AVE S MINNEAPOLIS MN 55408 | DUPONT VILLA L L C | APARTMENT | $1,785,000 | 180 ft |
| 3433 COLFAX AVE S MINNEAPOLIS MN 55408 | COLFAX APARTMENTS LLC | APARTMENT | $3,708,000 | 188 ft |
| 3439 COLFAX AVE S MINNEAPOLIS MN 55408 | D L SHULMAN / M R SHULMAN | RESIDENTIAL-TWO UNIT | $589,600 | 206 ft |
| 3452 COLFAX AVE S MINNEAPOLIS MN 55408 | CLIFTON PROPERTIES LLC | RESIDENTIAL-TWO UNIT | $467,900 | 211 ft |
Most Recent Sale
Current Tax Year