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.
6 permits on record since 2023 · $37K total declared value · Most recent: Jun 2024 (commfdrr)
Patton Heating And Air Conditioning Inc
WALKER ROOFING CO
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Hiawatha · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1104
Zip code 55406
Source: Redfin Data Center (Invalid Date) · Zip 55406
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 2,725 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 4000 42ND AVE S MINNEAPOLIS MN 55406 | KATRINA A LEONE | RESIDENTIAL | $236,800 | 56 ft |
| 4010 42ND AVE S MINNEAPOLIS MN 55406 | LYNN M WALSTROM | RESIDENTIAL | $236,000 | 56 ft |
| 4014 42ND AVE S MINNEAPOLIS MN 55406 | TAMARA HARRIS | RESIDENTIAL | $200,000 | 96 ft |
| 4018 42ND AVE S MINNEAPOLIS MN 55406 | KELLY A WHITE | RESIDENTIAL | $221,500 | 136 ft |
| 4007 41ST AVE S MINNEAPOLIS MN 55406 | RIAN EDWARDS & GALVE DELESTE | RESIDENTIAL | $330,000 | 142 ft |
| 4005 41ST AVE S MINNEAPOLIS MN 55406 | I MEFLEH/J SILBERSCHMIDT | RESIDENTIAL | $377,900 | 142 ft |
| 4001 41ST AVE S MINNEAPOLIS MN 55406 | ROBERTA M JANSCH | RESIDENTIAL | $211,900 | 151 ft |
| 4011 41ST AVE S MINNEAPOLIS MN 55406 | RACHEL BANEN | RESIDENTIAL | $217,500 | 152 ft |
| 4015 41ST AVE S MINNEAPOLIS MN 55406 | CHERYL L DOERING REVOC TRUST | RESIDENTIAL | $327,400 | 171 ft |
| 3956 42ND AVE S MINNEAPOLIS MN 55406 | 3956 42ND AVE LLC | APARTMENT | $467,000 | 176 ft |
Most Recent Sale
Current Tax Year