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.
14 permits on record since 2010 · $1.1M total declared value · Most recent: Sep 2025 (remodel)
Danish American Center
Bruce Nelson Plumbing and Heating Service Inc
Bruce Nelson Plumbing and Heating Service Inc
Bruce Nelson Plumbing and Heating Service Inc
Ron Grand
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Cooper · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1076
Zip code 55406
Source: Redfin Data Center (Invalid Date) · Zip 55406
Residential Mixed-Use 1 — low-density mixed residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Corner-lot envelopes may require contextual setback review and should be treated as planning estimates.
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3042 48TH AVE S MINNEAPOLIS MN 55406 | MARY MURRAY & THOMAS MURRAY | RESIDENTIAL | $520,100 | 189 ft |
| 3038 48TH AVE S MINNEAPOLIS MN 55406 | 3038 48TH AVE S LLC | RESIDENTIAL-TWO UNIT | $385,300 | 192 ft |
| 3034 48TH AVE S MINNEAPOLIS MN 55406 | GREGORY S WALLIN | RESIDENTIAL-TWO UNIT | $385,300 | 202 ft |
| 3030 48TH AVE S MINNEAPOLIS MN 55406 | JOHN M FOX | RESIDENTIAL-TWO UNIT | $385,300 | 220 ft |
| 3026 48TH AVE S MINNEAPOLIS MN 55406 | K E MATCHETT & J LIPMAN | RESIDENTIAL-TWO UNIT | $635,800 | 247 ft |
| 3020 48TH AVE S MINNEAPOLIS MN 55406 | MARK F CARLSON | RESIDENTIAL-TWO UNIT | $636,700 | 285 ft |
| 3014 48TH AVE S MINNEAPOLIS MN 55406 | ANDREW VANVICK & LYNN PHAM | RESIDENTIAL | $573,700 | 322 ft |
| 3043 47TH AVE S MINNEAPOLIS MN 55406 | SARAH ROYSTER & JOHN GILLES | RESIDENTIAL | $537,500 | 327 ft |
| 3037 47TH AVE S MINNEAPOLIS MN 55406 | I E HOUGARD/J A HOUGARD ETAL | RESIDENTIAL-TWO UNIT | $474,800 | 330 ft |
| 3031 47TH AVE S MINNEAPOLIS MN 55406 | J P AND P A KOSMOSKI JT TR | RESIDENTIAL | $589,000 | 340 ft |
Current Tax Year