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.
6 permits on record since 2018 · $9K total declared value · Most recent: Apr 2022 (res)
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
MILL CITY HEATING AND COOLING
Anne Walasek
CAPELLA CONTRACTING LLC DBA MIDWEST EGRESS
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
King Field · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1099
Zip code 55409
Source: Redfin Data Center (Invalid Date) · Zip 55409
Zoning data is available for Minneapolis and Saint Paul parcels. This parcel may be outside those city boundaries.
Most Recent Sale
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3948 1ST AVE S MINNEAPOLIS MN 55409 | JULIA ARANA | CONDOMINIUM | $206,000 | 60 ft |
| 3948 1ST AVE S MINNEAPOLIS MN 55409 | ALEX F PAPP | CONDOMINIUM | $193,000 | 60 ft |
| 3948 1ST AVE S MINNEAPOLIS MN 55409 | JENNA ROCCO | CONDOMINIUM | $184,000 | 60 ft |
| 3948 1ST AVE S MINNEAPOLIS MN 55409 | ARIEL LOPEZ | CONDOMINIUM | $184,000 | 60 ft |
| 3948 1ST AVE S MINNEAPOLIS MN 55409 | MARK GROSSHANS | CONDOMINIUM | $209,000 | 60 ft |
| 3948 1ST AVE S MINNEAPOLIS MN 55409 | BERNADETTE MCCAFFRAY | CONDOMINIUM | $207,000 | 60 ft |
| 3948 1ST AVE S MINNEAPOLIS MN 55409 | MARCUS J MICHALIK | CONDOMINIUM | $199,000 | 60 ft |
| 3948 1ST AVE S MINNEAPOLIS MN 55409 | H PETERSON IRR SPEC NDS TR | CONDOMINIUM | $199,000 | 60 ft |
| 3948 1ST AVE S MINNEAPOLIS MN 55409 | MADELINE WALL/ ANDREW F WALL | CONDOMINIUM | $105,000 | 60 ft |
| 3948 1ST AVE S MINNEAPOLIS MN 55409 | ADRIENNE E FRANK | CONDOMINIUM | $131,000 | 60 ft |