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.
5 permits on record since 2002 · $911K total declared value · Most recent: Mar 2022 (roofwind)
RAYCO CONSTRUCTION INC
PARAGON RESTORATION II INC
RAYCO CONSTRUCTION INC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
West Maka Ska · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1091
Zip code 55416
Source: Redfin Data Center (Invalid Date) · Zip 55416
Urban Neighborhood 3 — medium-density residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 3-story wood frame (5–12 units) benchmarks for 114,827 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3100 DREW AVE S MINNEAPOLIS MN 55416 | METROPOLITAN COUNCIL | LAND-COMMERCIAL | $0 | 231 ft |
| 3049 LAKE SHORE DR MINNEAPOLIS MN 55416 | THOMAS C H HOFFMAN | CONDOMINIUM | $235,000 | 236 ft |
| 3049 LAKE SHORE DR MINNEAPOLIS MN 55416 | ASHISH TIWARI | CONDOMINIUM | $237,000 | 236 ft |
| 3051 LAKE SHORE DR MINNEAPOLIS MN 55416 | ERIC M WINTER | CONDOMINIUM | $318,000 | 236 ft |
| 3053 LAKE SHORE DR MINNEAPOLIS MN 55416 | MARK J & GAYLE M SCOTT | CONDOMINIUM | $318,000 | 236 ft |
| 3055 LAKE SHORE DR MINNEAPOLIS MN 55416 | ROBERT CHRISTIAN TANNER | CONDOMINIUM | $318,000 | 236 ft |
| 3057 LAKE SHORE DR MINNEAPOLIS MN 55416 | DOUGLAS PETTY & JANICE BISCH | CONDOMINIUM | $350,000 | 236 ft |
| 3059 LAKE SHORE DR MINNEAPOLIS MN 55416 | ROBERT T GLECKNER | CONDOMINIUM | $189,000 | 236 ft |
| 3059 LAKE SHORE DR MINNEAPOLIS MN 55416 | ADRIAN J DEROSIER | CONDOMINIUM | $182,000 | 236 ft |
| 3058 LAKE SHORE DR MINNEAPOLIS MN 55416 | JOANN KONTNY & IVY KONTNY | CONDOMINIUM | $204,000 | 236 ft |
Most Recent Sale
Current Tax Year