Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.
Metro Council — Livable Communities ↗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 ↗Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.
Metro Council — Livable Communities ↗Signals are based on public datasets; program eligibility requires verification.
No permits found in Minneapolis open data for this parcel.
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 3 — medium-density residential
Setbacks
Estimated Buildable Footprint
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 |
|---|---|---|---|---|
| 4152 CHEATHAM AVE MINNEAPOLIS MN 55406 | CATHOLIC CHARITIES | VACANT LAND-APARTMENT | $0 | 38 ft |
| 4140 CHEATHAM AVE MINNEAPOLIS MN 55406 | CATHOLIC CHARITIES | APARTMENT | $0 | 96 ft |
| 4134 CHEATHAM AVE MINNEAPOLIS MN 55406 | CRAIG LESLIE | RESIDENTIAL | $213,300 | 102 ft |
| 3410 42ND ST E MINNEAPOLIS MN 55406 | KENNETH D MCCRALEY | COMMERCIAL-PREFERRED | $606,000 | 129 ft |
| 4150 CHEATHAM AVE MINNEAPOLIS MN 55406 | C FITZGERALD & SAMUEL KUNDE | CONDOMINIUM | $386,000 | 132 ft |
| 4150 CHEATHAM AVE MINNEAPOLIS MN 55406 | SUZANNE ARREDONDO | CONDOMINIUM | $353,000 | 132 ft |
| 4150 CHEATHAM AVE MINNEAPOLIS MN 55406 | M E EVANS & K S EVANS | CONDOMINIUM | $404,000 | 132 ft |
| 4150 CHEATHAM AVE MINNEAPOLIS MN 55406 | E C BLONDELL & D L MAKI | CONDOMINIUM | $370,000 | 132 ft |
| 4150 CHEATHAM AVE MINNEAPOLIS MN 55406 | CLAY COLLINS | CONDOMINIUM | $350,000 | 132 ft |
| 4150 CHEATHAM AVE MINNEAPOLIS MN 55406 | CHADWICK J CAMPBELL | CONDOMINIUM | $392,000 | 132 ft |
Current Tax Year