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 2018 · $40K total declared value · Most recent: Apr 2026 (res)
Rock Solid Plumbing LLC
Warners Stellian Co Inc
Warners Stellian Co Inc
Barr Web Industries Inc
Barr Web Industries Inc
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 1105
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 3,472 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 4232 46TH AVE S MINNEAPOLIS MN 55406 | JASON BRAZIL & DEVON BRAZIL | RESIDENTIAL | $430,000 | 50 ft |
| 4240 46TH AVE S MINNEAPOLIS MN 55406 | P RICKETTS & K RICKETTS | RESIDENTIAL-TWO UNIT | $426,600 | 50 ft |
| 4228 46TH AVE S MINNEAPOLIS MN 55406 | DAVID A MOJE | RESIDENTIAL-TWO UNIT | $363,300 | 100 ft |
| 4244 46TH AVE S MINNEAPOLIS MN 55406 | BRIAN J VETTER | RESIDENTIAL-TWO UNIT | $379,600 | 100 ft |
| 4243 45TH AVE S MINNEAPOLIS MN 55406 | LAURIE ANN MACLEOD | RESIDENTIAL | $300,200 | 141 ft |
| 4239 45TH AVE S MINNEAPOLIS MN 55406 | T M BLACK & K FISCHER | RESIDENTIAL | $320,600 | 144 ft |
| 4247 45TH AVE S MINNEAPOLIS MN 55406 | R P RAMBERG & J A RAMBERG | RESIDENTIAL | $265,000 | 148 ft |
| 4224 46TH AVE S MINNEAPOLIS MN 55406 | ELLA FARLEY & GRACE FARLEY | RESIDENTIAL | $325,500 | 150 ft |
| 4235 45TH AVE S MINNEAPOLIS MN 55406 | TARA L GEISEN | RESIDENTIAL | $321,000 | 158 ft |
| 4255 45TH AVE S MINNEAPOLIS MN 55406 | A RECKINGER & A VARNEY | RESIDENTIAL | $386,800 | 170 ft |
Most Recent Sale
Current Tax Year